For Independent Physician Groups & Ambulatory Surgery Centers
If you're considering a strategic partnership or sale of your physician group or ASC, learn how to realize the best outcome.
Schedule a confidential call with Managing Partner, Jim Freund, to discuss your group’s partnership, growth, liquidity, succession, or transition options.
This conversation can help you understand what buyers value, where leverage may exist, and how to avoid entering the market at a disadvantage.
In this brief call, get clarity on:
How your group or ASC is valued in today’s market.
Which strategic partnership, sale, or transition structures may fit your goals.
How buyers evaluate your EBITDA, procedure mix, physician ownership, ASC exposure, real estate, and growth runway.
The optimal timing to explore transition options.
What your group or ASC may be worth in today’s market
Which strategic partnership, recapitalization, sale, or transition structures may fit your goals
How buyers may evaluate your EBITDA, procedure mix, physician ownership, ASC exposure, real estate, and growth runway
Whether now, later, or not at all is the right time to explore options
This is for independently owned physician groups and ASCs with $5M+ revenue, multiple owners, and an interest in exploring strategic options.
No obligation. Confidential. No preparation required.
Why This Matters:
A Partnership or Sale May Be a Once-in-a-Lifetime Event For You. Buyers Do This Every Day.
Buyers have teams, data, and deep deal experience. Most physician owners go through this process once.
That imbalance can create disadvantage for valuation, terms, partner selection, deal structure, and long-term outcomes.
We help level the playing field—providing clarity on your options, insight into what the market may support, and a disciplined approach to achieving the strongest possible outcome.
Built for Physician-Owned Groups and ASC-Affiliated Practices
This call is designed for independent specialty physician groups, ambulatory surgery centers, and procedure-based practices that are beginning to think through strategic partnership, growth capital, liquidity, succession, or a future transition.
This may be a fit if your group has:
Multiple physician owners or partners.
Approximately $5M+ in annual revenue or $1M+ in EBITDA.
ASC, endoscopy, surgery center, procedure-room, or medical real estate exposure.
A desire to understand strategic partnership options before entering buyer conversations.
This is not intended for hospital-owned groups, single-provider clinics, or practices with no current interest in strategic options.
300+ Successful Transactions
PTA's industry-leading team has advised and enabled the physician owners of more than 300 practices and surgery centers to optimize the value of their assets using a risk-free and cost-free approach.
PTA's expertise spans complex transactions involving group practices, surgery centers, surgical hospitals, and medical real estate.
The team helps clients evaluate strategic partners, negotiate pricing and terms, manage due diligence, and pursue the strongest possible financial and non-financial outcome.
Why Owners Work With Us:
300+ completed group practice and surgery center transactions.
20+ years in business, formerly ASCs Inc.
150+ years of combined healthcare leadership and transaction experience.
Deep buyer network across strategic organizations, hospitals, private equity-backed firms, and healthcare investors.
Experience with physician groups, ASCs, surgical hospitals, and medical real estate.
Request a Confidential Advisory Call
Complete the form below, then schedule a call time.
Trusted by Physician Groups and Surgery Center Owners Nationwide
“While we were already working with prospective buyers, our group decided to interview and select a firm to help us through this process. PTA not only helped us find the right partner and got us the absolute best price, but they guided us through the challenging due diligence and closing processes. They cost us a fraction of what they were worth and I don’t know why any physician group would do a deal without them.”
Dr. A. J. Mencias
South Bend Orthopaedics
“We are extremely pleased with the team at Physician Transaction Advisors. Having gone through the process, I cannot imagine managing it ourselves. The time, effort, and expertise required—from marketing and engaging prospective buyers to negotiating pricing and terms and supporting us through intensive due diligence—were far greater than we anticipated.
If you are considering managing this process on your own, please think again, you will end up with a far better outcome by using the PTA team, guaranteed.”
Craig Ellison, MD
Gastro Health
Meet Our Team
Jim Freund
Managing Partner
Jim Freund is the Managing Partner of Physician Transaction Advisors. He has been a partner and principal at a number of outpatient healthcare focused firms including industry leading software, revenue cycle and advisory firms.
He was a co-founder of Source Medical (now SIS) and has spent more than three decades working with healthcare leaders on a national basis along with more than 1,000 individual practices, surgery center and surgical hospitals.
Stephanie Tarry
Senior Partner
Stephanie Tarry has been a recognized leader in the surgery center industry for more than 20 years. As a senior executive with Nuehealth, Stephanie was directly involved in the rapid growth of the company: recruiting physicians, syndicating ASCs, surgical hospital and real estate partnerships, acquiring existing ASCs and providing management to over 80 ASCs, surgical hospitals, MOBs and real estate transactions.
Keith LeBlanc, MHS
Senior Advisor
Keith LeBlanc, MHS brings a wide range of operational and financial experience in the healthcare industry spanning over 35 years. He has a unique client perspective as well as broad contacts within the industry, private equity and other financing sources.
Mr. LeBlanc is licensed with the Financial Industry Regulatory Authority (FINRA) as a registered representative and holds the Series 63 and 79 licenses. Keith previously served as President/CEO of Quest Medical Management, a 53-member group practice; President/CEO of Surgicare, Inc., a national ASC management company; and CEO of Humana Hospital.
Know Your Options Before You Enter Buyer Conversations.
Whether your group is already being approached, actively exploring a strategic partnership, or simply beginning to think about succession, liquidity, growth, or a future transition, this confidential review can help you understand the path forward.
Confidential. No obligation. Designed for independent physician-owned groups and ASCs.
Copyright 2026. Physician Transaction Advisors.
