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Moore Orthopedic Center – Columbia, South Carolina

  • Relationship began in May 2005 with the signing of development and management agreements; added equity position after initial operations
  • Opened in November 2007 and reached profitability in March 2008 (five months)
  • PPH performs management, billing and collections
  • PPH owns 25% of the ASC
  • Continuing to add new surgeon partners
  • Just signed new 10 year management and billing contract
  • Surgeon partners: 6
  • Patients treated monthly: 250
  • Monthly net revenue: $550K
  • EBITDA Margin 20%
  • Surgeon partners: 6
  • Patients treated monthly: 250
  • Monthly net revenue: $550K
  • EBITDA Margin 20%

Surgical Center of the Rockies, Colorado Springs, Colorado

  • Relationship began in 2011
  • Opened in July 2013 and reached profitability in January 2014 (6 months)
  • PPH has management and billing agreements
  • PPH owns 10% of the center via “sweat” equity (no cash investment)
  • Four operating rooms and one procedure rooms
  • Center and partners are providers for the USOC
  • Center performs total joints and has overnight stay capability
  • Near-term goals:
    • Increasing with 2 Orthopaedic Surgeons
    • Potential hospital relationship
    • Continued expansion of case type and procedures