Business Services Industry
United Surgical Partners International Purchases San Antonio Endoscopy Center, San Antonio, Texas
Business Wire, May 23, 2005
DALLAS -- United Surgical Partners International, Inc. (NASDAQ/NM:USPI) today announced its acquisition of a majority interest in San Antonio Endoscopy Surgery Center in San Antonio, Texas.
Commenting on the transaction, William H. Wilcox, United Surgical Partners International's chief executive officer, said, "We are pleased to add the San Antonio Endoscopy Surgery Center to our growing number of centers in the San Antonio marketplace. Given the center's high quality group of physicians and their reputation for quality care in the area, we believe the San Antonio Endoscopy Center will be an excellent addition."
Related Results
The facility opened in 2003 and is located in a high growth area of San Antonio. It occupies 7,000 square feet, has three endoscopy suites and an operating room.
United Surgical Partners International, headquartered in Dallas, Texas, currently has ownership interests in or operates 90 surgical facilities. Of the Company's 87 domestic facilities, 52 are jointly owned with not-for-profit healthcare systems. The Company also operates three facilities in London, England.
The above includes forward-looking statements based on current management expectations. Numerous factors exist that may cause results to differ from these expectations. Many of the factors that will determine the Company's future results are beyond the ability of the Company to control or predict. These statements are subject to risks and uncertainties relating to the Company, including without limitation, (i) possible changes in reimbursement from payors to healthcare providers that may reduce payments; (ii) the Company's ability to attract physicians and retain qualified management and personnel; (iii) geographic concentrations of certain of the Company's operations; (iv) risks associated with the Company's acquisition and development strategies; (v) the regulated nature of the healthcare industry; (vi) the highly competitive nature of the healthcare business; and (vii) those risks and uncertainties described from time to time in the Company's filings with the Securities and Exchange Commission. Therefore, the Company's actual results may differ materially. The Company undertakes no obligation to update any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions


