Physicians Endoscopy Acquires Minority Ownership in ASC - Elgin, IL

DOYLESTOWN, Pa., Sept. 12, 2012 /PRNewswire/ -- Physicians Endoscopy, LLC (PE), the leading GI ASC development and management company in the ASC industry, is pleased to announce the acquisition of a minority interest in the Elgin Gastroenterology Endoscopy Center (EGEC) located in Elgin, Illinois. EGEC is a joint venture partnership between six gastroenterologists and Physicians Endoscopy, who will provide administrative services to the facility. EGEC is a single specialty ambulatory surgical treatment center focused on gastrointestinal disorders.

The two-room endoscopy center is conveniently located adjacent to the physicians' practice, Illinois Gastroenterology Group-Elgin. The 6000 square foot facility exudes a "spa like" quality designed for total patient safety and comfort. Described as the premier endoscopy experience, EGEC provides a complete range of the most advanced diagnostic and therapeutic endoscopic procedures. EGEC is licensed by the state of Illinois, Medicare Certified and AAAHC accredited.

The center is staffed with nine board-certified gastroenterologists who are part of Illinois  Gastroenterology Group including Gregory Gambla, DO; Sonia Godambe, MD; Suni Joseph, MD; Lawrence Kosinski, MD; William Levis, MD; Joseph Losurdo, MD; Rejesh Pillai, MD; James Stinneford, MD, Medical Director; and Wei Sun, MD.

"Our partnership with Physicians Endoscopy provides the ideal business structure for our group. PE's leadership team willingly listened to our concerns and crafted a deal that reflects an understanding of the complexities that our changing landscape demands today. It was extremely important for us to partner with an experienced company who is single specialty focused in gastroenterology. We look forward to a long, successful relationship," states Lawrence Kosinski, MD.

"Our new partnership with EGEC is very exciting, and I am confident both parties will learn much from each other. Larry Kosinski, MD, is well known in the GI community and brings to PE his experience in forming and implementing a successful GI supergroup in the metropolitan Chicago region. At the same time, we look forward to the contributions PE will bring to the EGEC facility and all its physician owners. This is a win-win where all parties will gain further knowledge and expertise in the changing field of ambulatory endoscopy centers," reports John Poisson, Executive Vice President, Physicians Endoscopy.

For more information call Carol Stopa, VP of New Business Development at PE (215) 589-9018.

SOURCE Physicians Endoscopy

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED