Almost every member of Sovereign's team has been involved in surgery center joint ventures whereby the local hospital and the physician group worked together to own the surgery center. It is a good model, and one that today's more progressive and forward-thinking hospital operators are pursuing.
Nevertheless, the process of succeeding with such a venture can be complex and political, and neither the hospital nor physicians are experts at developing and operating surgery centers. Sovereign is experienced in being the third-party that can make the whole process work, making sure the interests of all are protected, and ensuring that the center is operated as efficiently and effectively as possible.
For physicians thinking about such a model, calling Sovereign first can ensure that the hospital takes you seriously and the project moves forward quickly and on terms that make sense for the physicians.
For hospitals thinking about a physician-JV surgery center, calling Sovereign can get physicians beyond their initial skepticism, and put a team to work for you that can turn-key the entire process and recruit the physicians you want to attract. Either way, Sovereign would welcome the opportunity to discuss your situation and find a solution that works.