Physicians Endoscopy Acquires Minority Interest in Illinois ASC

Physicians Endoscopy has acquired a minority interest in the Digestive Disease Endoscopy Center in Normal, Ill., according to a release.

DDEC is a joint venture partnership between five physicians, BroMenn Physicians Management Corporation and Physicians Endoscopy, which will provide management services to the facility. DDEC is a single-specialty ambulatory surgery center focusing on gastrointestinal disorders. The center performs nearly 4,000 procedures annually.

The three-room, 6,000-square-foot center is located on the Advocate BroMenn Healthcare Campus and connected to the medical center via a skywalk. The center includes four board-certified gastroenterologists: Kenneth Schoenig, MD, medical director; Thomas DeWeert, MD; Philip Koszyk, MD; and Vijay Misra, MD; and one board-certified colorectal surgeon, Darryl Fernandes, MD.

"Over the past year, we've contemplated adding a corporate partner to our business. Our partnership with Physicians Endoscopy provides the ideal business structure. PE has the knowledge and expertise that our center needs to run a seamless operation and take us to the next level. We look forward to a long, successful relationship," said Dr. Schoenig.

Learn more about Physicians Endoscopy.

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