SurgCenter Development possesses a portfolio of more than 100 ASCs in 26 states. Each year, its team of 2,000-plus physician partners treats over 190,000 patients.
Here are 10 things to know.
1. The Pismo Beach, Calif.-based company was established in 2002, almost a decade after founding partners Sean O'Neal and Gregory George MD, PhD, had begun developing ASCs.
2. Mr. O'Neal and Dr. George remain involved with SCD. Dr. George has worked as a practicing ophthalmologist, and Mr. O'Neal brings over 30 years of healthcare management experience to the table.
3. Stacey Berner, MD, is principal, CEO and managing partner of SurgCenter Development. Prior to joining SurgCenter Development as a principal in 2012, he served as the medical director of the Hand Centers at Carroll Hospital Center and Northwest Hospital Center in Westminster, Md.
4. Dr. Berner graduated from Boston-based Tufts University School of Medicine, completed his residency at the Medical College of Virginia in Richmond and underwent fellowship training at New York City-based Hospital for Special Surgery. He also holds an MBA from the University of Tennessee in Knoxville.
5. In February 2017, SCD opened its 100th center: Grand Rapids (Mich.) Surgical Suites.
6. SCD plans to re-enter the St. Louis market in 2018 by opening a 6,900-square-foot surgery center. The company exited that market in January 2006, when it sold nine surgical centers to United Surgical Partners International for an undisclosed amount.
7. The company expects to open at least two additional surgery centers in 2018.
8. SCD facilities focus on orthopedics, otorhinolaryngology and occuloplastics.
9. SCD centers performed more than 16,000 joint replacements from 2013 through 2016. In 2016, the company provided almost 7,000 joint replacement procedures at its ASCs and discharged more than 96 percent of joint replacement patients the same day, with a readmission rate under 1 percent.
"Because of advances in surgical technique and pain control, we are able to perform what was once a very complex procedure in a few hours and offer patients a shorter recovery time in the comfort of their own homes," Dr. Berner said.
10. In 2017, 96 percent of joint replacements at SCD centers were outpatient procedures.