To Potential Investors of the Ambulatory Surgical Center,
I was hoping to come down in person and share the success that we have had with our 2 ambulatory endoscopy suites, but unfortunately I am on-call that weekend. I have been in practice for over 25 years and am currently a partner in a very large (approximately 25 physician) Gastroenterology group in Hartford, Connecticut and as well as having a full share in our endoscopy suites in Bloomfield and Glastonbury, of which I am on the board of directors and chair many of the subcommittees.
We retained Calisher & Associates approximately 8 years ago, and were very pleased with their guidance through the entire process. The first endoscopy center became profitable by the 3rd month of operation, with over 8,000 cases performed annually. We were so pleased with Calisher & Associates, that we retained them to design and implement our newest endoscopy center in Glastonbury, which was done as a joint venture with Hartford Hospital. The Glastonbury endoscopy center was profitable after the first month of operation and continues to exceed all expectations. From a purely personal perspective, the endoscopy suites have been a huge success, adding both efficiency and control to an otherwise chaotic medical environment. In addition, the income generated from each center is substantial, and continues to negate the ongoing reductions in reimbursement.
Although, I cannot speak for all of my partners, I feel confident to say that we have never regretted any aspect of their development and clearly have benefited from their ongoing use. I wish you all a great deal of success with your business venture.
Sincerely,
