SCA Contact Information/Company News
Surgical Care Affiliates Home Office
PO Box 382497
Birmingham, AL 35238-2497
Main Phone: 800-768-0094
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Recent Press Releases
April 21, 2008
SCA Names Andrew Hayek as New President and CEO
December 26, 2007
Surgical Care Affiliates and UCSD Medical Center to Partner in Surgical Center
December 11, 2007
Surgical Care Affiliates Announces Investor Conference Call to Discuss Third Quarter 2007 Results
November 17, 2007
Surgical Care Affiliates Announces New Home Office Location
October 1, 2007
Surgical Care Affiliates Names Board of Directors
June 29, 2007
Surgical Care Affiliates Created as TPG Finalizes Purchase of HealthSouth Surgery Division
The physicians providing medical and surgical services to patients at Surgical Care Affiliates facilities are generally independent contractors and not employees or agents of Surgical Care Affiliates. The medical and surgical services provided to patients at Surgical Care Affiliates facilities are provided under the exclusive control, direction, and supervision of these independent physicians, which include radiologists, pathologists, anesthesiologist, and surgeons. Any statutory or contractual duty owed by Surgical Care Affiliates to provide medical and surgical services has been expressly delegated to these independent physicians, and by delegating these duties, Surgical Care Affiliates has discharged all liability for any acts or omissions of these independent physicians in providing medical and surgical services at Surgical Care Affiliates facilities.
April 21, 2008
For Immediate Release
SCA Contact: Kristi Gilmore 205-612-4750
SCA Names Andrew Hayek as New President and CEO
Mike Snow Resigns after Successful Transition
BIRMINGHAM, Alabama (April 21, 2008) – Surgical Care Affiliates (“SCA”) today announced that Andrew P. Hayek has been named president and chief executive officer effective May 1, 2008. SCA’s current president and chief executive officer, Mike Snow, is resigning his position effective April 30, 2008, but will continue to serve as an advisor on the company’s board of directors.
Mr. Hayek most recently served as president of VillageHealth Inc., an insurance and care management company owned by DaVita Inc., the nation’s leading independent provider of kidney dialysis services.
“Now that we have fully made the transition to an independent company, we are ready to build on SCA’s reputation for clinical excellence in this industry,” said Leonard D. Schaeffer, senior healthcare investment advisor to TPG and SCA’s board chairman. “We believe Andrew is well suited to successfully lead SCA going forward. We welcome him to the SCA family.”
Prior to his role at VillageHealth, Mr. Hayek served as president and chief operating officer of Alliance Imaging, Inc., a $450 million revenue diagnostic imaging and radiation oncology business (NYSE: AIQ), operating in 43 states. He worked previously for Capstone Consulting (an operations consulting firm affiliated with private equity firm Kohlberg Kravis Roberts & Co.), The Pritzker Organization (a merchant banking firm affiliated with the Pritzker family of Chicago, owners of Hyatt Hotels), and the Boston Consulting Group. Mr. Hayek earned a Bachelor of Arts summa cum laude from Yale University.
“I look forward to joining the SCA team, including SCA’s 2,000 physician partners,” said Mr. Hayek. “I am committed to ensuring that SCA continues to be the partner of choice for surgeons and continues to provide outstanding patient care.”
Mr. Snow led the company through its transition to a stand-alone surgical services provider after its creation in 2007 through the acquisition of the division by TPG Capital, a private investment firm with more than $50 billion of assets under management.
“Mike has been an integral part of SCA’s transition into one of the nation’s largest providers of specialty surgical services and a stand-alone company,” said Mr. Schaeffer. “We appreciate his leadership and dedication to making this a success and positioning the company for future growth.”
About SCA
Surgical Care Affiliates, with its affiliated physicians and partners, is committed to delivering high quality surgical services to ensure a superior patient experience and clinical outcome. One of the largest providers of specialty surgical services, SCA operates more than 130 ambulatory surgery centers and surgical hospitals across the country with more than 4,200 full-time equivalent employees and 2,000 physician partners. For more information on SCA, visit www.scasurgery.com.
About TPG Capital
TPG Capital is the global buyout group of TPG, a leading private investment firm founded in 1992 with more than $50 billion of assets under management and offices in San Francisco, London, Hong Kong, New York, Minneapolis, Fort Worth, Melbourne, Menlo Park, Moscow, Mumbai, Beijing, Shanghai, Singapore and Tokyo. TPG Capital has extensive experience with global public and private investments executed through leveraged buyouts, recapitalizations, spinouts, joint ventures and restructurings. TPG Capital’s investments span a variety of industries including healthcare, retail, consumer, travel and entertainment, media and communications, industrials, technology and financial services. Please visit www.tpg.com.[ back to top ]
December 26, 2007
For Immediate Release
SCA Contact: Becci Hart, Intermark Group, 205-936-0707
Jackie Carr, UCSD Medical Center, 619-543-6163
Surgical Care Affiliates and UCSD Medical Center to Partner in Surgical Center
Birmingham, Ala., December 26, 2007 – Surgical Care Affiliates (SCA), one of the country’s largest providers of specialty surgical services, announced today that it has entered into a joint venture relationship with University of California San Diego (UCSD) Medical Center to partner in the operation of the existing UTC SurgiCenter located at 8929 University Center Lane. Under the new partnership, the center will operate under the new name, University Ambulatory Surgery Center.
"We are pleased to be entering into this partnership with UCSD to better serve the San Diego area," said Mike Snow, president and chief executive officer of SCA. "This is a perfect fit with our business objective of partnering with high-quality healthcare providers in order to meet the surgical needs of a local community."
"This partnership with SCA allows us to meet our increasing demand for ambulatory surgical capacity, and positions us to expand and develop these services to serve a growing population into the future," said Tom McAfee, M.D., Physician-in-Chief, UCSD Health Sciences. "UCSD surgeons have been pioneers in developing minimally invasive techniques, which shorten recovery time and improve the overall experience for the patient. This partnership will enhance our ability to offer our patients leading edge treatment in a well-established and convenient location."
University Ambulatory Surgery Center will continue to operate as a multi-specialty center offering orthopedics, pain management, ophthalmology, general surgery, otolaryngology, urology, plastics and podiatry. SCA will continue to provide the day to day management of the center.
About Surgical Care Affiliates
Surgical Care Affiliates (SCA), with its affiliated physicians and partners, is committed to delivering high quality surgical services to ensure a superior patient experience and clinical outcome. One of the largest providers of specialty surgical services, SCA operates approximately 130 ambulatory surgery centers and surgical hospitals across the country with 6,000 employees and more than 3,000 physician partners. For more information on SCA, visit www.scasurgery.com.
About UCSD
As the only academic medical center serving San Diego and Imperial Counties, UC San Diego Medical Center offers innovative, leading edge patient care. The clinical system encompasses two hospitals and multiple ambulatory care sites, backed up by a world-renowned biomedical research program and top-tier medical and pharmacy schools. In addition to primary and multi-specialty care, UCSD also offers several clinical centers of excellence, including the region’s only National Cancer Institute-designated Comprehensive Cancer Center, a cardiovascular center, eye center, organ transplantation services, Level 1 Trauma and Burn Centers, advanced surgical and orthopedic care, and a regional high-risk pregnancy/infant special care program.
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December 11, 2007
For Immediate Release
SCA Contact: Becci Hart, Intermark Group, 205-936-0707
Surgical Care Affiliates Announces Investor Conference Call to Discuss Third Quarter 2007 Results
BIRMINGHAM, Alabama (December 11, 2007) – Surgical Care Affiliates (“SCA”) today announced that it will host an investor conference call at 10:00 a.m. Eastern Time on Friday, December 14, 2007, to discuss its operating results for the third quarter of 2007. Please go to SCA’s Intralinks website to obtain dial-in information and the passcode for the conference call or contact Kathleen Vojta at (205) 968-7045 or by e-mail at kathleen.vojta@scasurgery.com to obtain access to the website.
Surgical Care Affiliates, with its affiliated physicians and partners, is committed to delivering high quality surgical services to ensure a superior patient experience and clinical outcome. One of the largest providers of specialty surgical services, SCA operates more than 130 ambulatory surgery centers and surgical hospitals across the country with more than 5,000 employees and 3,000 physician partners. For more information on SCA, visit www.scasurgery.com.
Contact:Chip Wann
Executive Vice President & Chief Financial Officer
(205) 970-5765
chip.wann@scasurgery.com
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November 17, 2007
For Immediate Release
SCA Contact: Becci Hart, Intermark Group, 205-936-0707
Surgical Care Affiliates Announces New Home Office Location
Birmingham, Ala., -- Surgical Care Affiliates (SCA) has signed a lease with the Galleria Tower to house its home office operations and expects to move into the new space during the first quarter of 2008. SCA is the surgical services company created by HealthSouth’s sale of its surgery division to TPG in June 2007. While most of SCA’s 6,000 employees work in its network of more than 130 outpatient surgery centers and surgical hospitals across the country, SCA employs 150 people in its Birmingham-based home office. The current location on Highway 280 is temporary and will end when the new facility is complete early next year.
"We are very pleased with our decision to move to the Galleria Tower," said Mike Snow, SCA president and chief executive officer. "Once we complete the build-out, it will provide us with the space we need to accommodate SCA’s future growth as one of the nation’s largest providers of specialty surgical services."
SCA’s management team looked at several locations before making their final decision to lease the approximately 40,000 square feet office space at the Galleria Tower.
"Our employees and their commuting patterns were very important to us in making this decision," said Snow."In addition, we needed the ability to customize the space to our specific needs to allow room for growth. The Galleria Tower met these criteria, and we’re delighted with the opportunity to create our own identity."
About Surgical Care AffiliatesSurgical Care Affiliates (SCA), with its affiliated physicians and partners, is committed to delivering high quality surgical services to ensure a superior patient experience and clinical outcome. One of the largest providers of specialty surgical services, SCA operates approximately 130 ambulatory surgery centers and surgical hospitals across the country with 6,000 employees and more than 3,000 physician partners. For more information on SCA, visit www.scasurgery.com.
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October 1, 2007
For Immediate Release
SCA Contact: Becci Hart, Intermark Group, 205-936-0707
Surgical Care Affiliates Names Board of Directors
Birmingham, Ala., -- Surgical Care Affiliates (SCA) has announced the composition of its board of directors. SCA was formed when TPG finalized its purchase of the surgery division from HealthSouth Corporation in June of this year.
The new board of directors includes: Leonard D. Schaeffer, Chairman, who was the founding Chairman and CEO of WellPoint; the nation’s largest health benefits company; Thomas C. Geiser, advisor and legal counsel to numerous healthcare organizations; Todd B. Sisitsky, Partner at TPG Capital, L.P. where he leads healthcare investments; Curtis S. Lane, founder of MTS Health Investors and manager of the healthcare investment banking group at Bear Stearns from 1986-1998; Dr. Sharad Mansukani, senior advisor at TPG, practicing ophthalmologist, and entrepreneur; and Mike Snow, SCA’s President and Chief Executive Officer.
“All of these board members have proven healthcare backgrounds and bring their unique perspectives to the company,” said Mike Snow, President and CEO of SCA. “We believe that ambulatory surgery centers are well-positioned to be part of the long-term solution to rising healthcare costs. The board is committed to SCA’s leadership role in this effort.”
SCA owns and operates surgical care centers providing a variety of surgical procedures that require a limited post-operative stay. One of the largest providers of specialty surgical services, SCA operates 139 facilities and 3 surgical hospitals in 35 states, with most of the facilities concentrated in California, Texas, Florida, North Carolina, and Alabama.
With 6,000 employees, SCA is affiliated with more than 3,000 physician partners across the country. For more information on SCA, visit www.scasurgery.com.
SCA Board Members
Leonard D. Schaeffer was the founding Chairman and CEO of WellPoint, the nation’s largest health benefits company. Throughout his career in the healthcare industry, Schaeffer has been selected for many honors including BusinessWeek Magazine’s Top 25 Managers of the Year and Worth Magazine’s 50 Best CEOs in America. Under Schaeffer’s leadership, WellPoint was named by FORTUNE Magazine as Most Admired Healthcare Company (for six consecutive years), BusinessWeek as one of the 50 Best Performing Public Companies (for three consecutive years), and Forbes Magazine as America’s Best Large Health Insurance Company. He is now a Senior Advisor to TPG and Chairman of the Board of Directors for SCA.
Thomas C. Geiser, a Senior Advisor to TPG, has served as an advisor and legal counsel to numerous healthcare organizations including his former role as General Counsel for WellPoint. Geiser’s main focus is on healthcare financing. In San Francisco, Geiser had a successful career with the law firms of Brobeck, Phleger & Harrison; Epstein, Becker, Stromberg & Green; and Hanson, Bridgett, Marcus, Vlahos & Stromberg. He has been elected to The Best Lawyers in America and was named 100 Most Influential Attorneys of California by California Law Business.
Todd B Sisitsky, a partner of TPG Capital, L.P., leads the firm’s investment activities in the healthcare services and pharmaceutical / medical device sectors. He played key roles in connection with TPG’s investments in IASIS Healthcare, Fenwal Transfusion Therapies, Biomet and Surgical Care Affiliates. Prior to joining TPG in 2003, Mr. Sisitsky worked at Forstmann Little & Company and Oak Hill Capital Partners.
/Curtis S. Lane founded MTS Health Investors in 2000. Lane founded and managed Bear Stearns Health Investment Banking Group from its inception in 1986 until 1998. Under Lane’s leadership, the healthcare investment banking group was named top ranked Institutional Investor healthcare research team in the country. Just before founding MTS, he joined Evercore Partners as a partner to focus on advisory and investment opportunities in healthcare.
Sharad Mansukani, MD, a leading healthcare business strategist, Mansukani is an authority on the health insurance, hospital, PBM and pharmaceutical industries. He has additional expertise in federal healthcare programs, particularly the Medicaid program and the Medicare prescription drug program. In addition to advising many medical organizations, Mansukani currently serves as a Senior Advisor of TPG. He is on the faculty at the University of Pennsylvania and Temple University Schools of Medicine.
Michael D. Snow was named SCA’s first President and Chief Executive Officer in July 2007. Mike has more than 25 years of experience in healthcare business operations. He served as Chief Operating Officer of HealthSouth from 2004 to 2007, as President of HCA’s Gulf Coast Division from 1996 to 2004 and as Chief Operating Officer of Columbia/HCA’s Greater Houston Division from 1995 to 1996. Before joining HCA, he held various positions at Tenet Healthcare Corporation, Universal Health Services, Inc. and Humana, Inc.
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June 29, 2007
For Immediate Release
SCA Contact: Becci Hart, Intermark Group, 205-936-0707
TPG Contact: Lisa Baker, Owen Blicksilver PR, 914-725-5949
Surgical Care Affiliates Created as TPG Finalizes Purchase of HealthSouth Surgery Division
BIRMINGHAM, Ala. –- TPG finalized its previously announced transaction with HealthSouth Corporation (NYSE:HLS) to purchase its Surgery Division, creating Surgical Care Affiliates (SCA), one of the nation’s largest independent surgical care companies. The new company is among the nation’s largest providers of outpatient surgical services and is comprised of a network of 137 outpatient surgery centers and three surgical hospitals across the country.
SCA’s facilities provide high quality surgical services to physicians and their patients in 35 states with a concentration of facilities in California, Texas, Florida, North Carolina, and Alabama.
"We are excited about the opportunities that lay ahead of us as an independent surgical care company, especially with the financial support of a world class organization like TPG," said Mike Snow, SCA President and CEO. "Our employees and world class physician base have built a reputation for clinical excellence in this industry and we fully intend to build on that reputation to achieve our full potential."
"TPG is excited about the opportunity to invest in the one of the largest operators of multi-specialty surgical facilities," said Todd Sisitsky, partner at TPG. "Under the leadership of a proven management team, we believe SCA has excellent growth prospects as a stand-alone business and we look forward to a successful future."
"We are pleased to expand TPG’s presence in the outpatient surgery sector, which benefits from strong organic growth and attractive fundamentals," said Leonard D. Schaeffer, senior healthcare investment advisor to TPG and SCA’s new board chairman. "TPG, along with management, is committed to strengthening the company and continuing to deliver high quality care for patients."
About Surgical Care Affiliates
Surgical Care Affiliates is one of the nation’s largest providers of specialty surgical services. With 6,000 employees, SCA provides a broad array of specialty surgical services to more than 3,000 physician partners across the country.
About TPG
TPG is a private investment partnership that was founded in 1992 and currently has more than $30 billion of assets under management. With offices in San Francisco, London, Hong Kong, New York, Minneapolis, Fort Worth, Melbourne, Menlo Park, Moscow, Mumbai, Shanghai, Singapore and Tokyo, TPG has extensive experience with global public and private investments executed through leveraged buyouts, recapitalizations, spinouts, joint ventures and restructurings. TPG’s investments span a variety of industries including healthcare, retail/consumer, airlines, media and communications, industrials, technology and financial services. Please visit www.tpg.com.
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