What is the difference between ambulatory surgery center syndication and surgeon recruitment?

So What is the difference between ASC syndication and surgeon recruitment and outpatient surgery centers? Physician recruitment is the process by which we recruit physicians and surgeons that will do procedures in our outpatient surgery centers. When we refer to physician recruitment we are not recruiting that physician to invest in the surgery center -at least not until we have established a substantial relationship with them-we want them to use the surgical center for their cases.

Syndication simply refers to a private securities offering of ownership interest in a healthcare company. You run across this term most often in the selling ownership interest in the surgery center business, but you can syndicate just about any kind of healthcare company: surgery center, medical office building, medical equipment company, and so on. Syndication typically takes the form of a sale of limited liability company units or limited partnership interest, although they can also involve the sale of shares in a corporation.

Recruiting surgeons in terms of a surgery center is always part of the surgical center syndication process, but syndication is not always part of physician recruitment.

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Category: Recruiting Surgeons to My Surgery Center, Syndicating My Surgery Center
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