Physician Transaction Advisors

Physician Transaction Advisors (formerly ASCs Inc.) is a specialized advisory firm focused exclusively on physician practice and ambulatory surgery center (ASC) partnership transactions. Founded approximately 25 years ago, the firm has completed over 300 transactions representing more than $3 billion in total transaction value. The company positions itself as advisors rather than investment bankers or brokers, emphasizing transparency and physician-owner interests throughout the transaction process.

The firm's approach centers on helping physician-owners evaluate strategic partnership options, negotiate optimal financial and non-financial terms, and navigate quality of earnings and due diligence processes. Their senior team comprises healthcare professionals with 150+ combined years of industry experience in practice and surgery center operations, management, and syndication. They maintain an extensive database of qualified buyers including private equity-backed platforms, hospitals, healthcare systems, and surgery center management companies.

The firm operates with a risk-free process model, enabling clients to fully evaluate partnership options without obligation. They have offices across Connecticut, California, Missouri, and Louisiana, working primarily with orthopedic, gastroenterology, ophthalmology, urology, and spine specialty practices and their associated surgery centers.

Consider Physician Transaction Advisors when your physician group practice or surgery center is evaluating strategic partnership options and needs specialized expertise to navigate complex negotiations with sophisticated buyers. The firm's exclusive focus on physician-owner transactions and documented track record of 300+ deals provides pattern recognition and leverage that individual practices rarely possess.

Their advisory model emphasizes creating competitive environments even when preferred partners exist, which their client testimonials indicate results in significantly improved financial outcomes. Expect a structured process involving buyer database access, independent partnership evaluation, LOI negotiation, and due diligence management with senior team involvement throughout.

Physician Transaction Advisors operates exclusively within the physician practice and ambulatory surgery center sectors of healthcare. Their entire 25-year history focuses on outpatient specialty care transactions, with particular depth in orthopedics, gastroenterology, ophthalmology, urology, and spine surgery. The firm's senior team has built their careers in ASC syndication, management, and practice operations rather than transitioning from other industries.

Their healthcare specialization extends to understanding payer relationships, surgery center operations, physician partnership structures, and the unique financial dynamics of specialty practices. They collaborate with healthcare-specific partners like ERE Healthcare Real Estate Advisors to address medical office building and surgery center real estate components of transactions.

The ideal client is an established specialty practice or ambulatory surgery center in orthopedics, gastroenterology, ophthalmology, urology, or spine surgery considering a strategic partnership, private equity transaction, or hospital affiliation. Best suited for physician-owned groups with substantial business value ($5M+ likely) seeking to maximize both financial returns and operational terms in a once-in-a-lifetime partnership decision, particularly when facing sophisticated buyers with in-house transaction teams.