Case Study #1

After several months of discussion and information sharing, The center in Case Study #1 joined the Prexus Family in March 2003. This center saw its first patient in 1999. It opened as a 13,000 square foot, free-standing center with four sterile operating rooms. The center started with 19 multi-specialty, physician investors. As you can see from the example, in fiscal year 2002, the center lost $305,448 despite a volume of 6,007 cases. The center had numerous fiscal and operational problems. The center had a positive fiscal margin by the end of 2003. However, if you compare fiscal year 2002 data versus fiscal year 2005 data, the improvement is very noticeable.

Case Study #2

This successful center treated its first patient in 1997. However, the center in Case Study #2 joined the Prexus Family in December 2006. This center opened as a joint venture between a hospital and physicians. In 2004, the physicians purchased the ownership held by the hospital partner. By the end of 2006, competition was increasing and economics were more challenging. So, the 16 physician owners of this very attractive three room surgery center turned to Prexus for assistance. Even with a slight decrease in case volume, this center's fiscal situation improved as a result of more efficient business systems and decreases in operating expenses.