Surgical Ventures International and Surgicenters U.K. Limited Sign Consulting Services Agreement.OAK BROOK, Ill.--(BW HealthWire)--Oct. 31, 1997--Surgical Ventures International (SVI SVI Serveur Vocal Intéractif (French) SVI Sludge Volume Index (biological wastewater treatment - clarifiers) SVI Shareholder Value Index SVI Schweizerischer Verband der Informatikorganisationen ) announced today the signing of a Consulting Services Agreement with Surgicenters U.K. Limited, a United Kingdom based owner and operator of Ambulatory Surgery Centers ambulatory surgery center A free-standing center that performs various types of surgery (or ASCs). ASCs provide high quality surgical services in cost-effective, outpatient settings. ASCs are a relatively new concept in the United Kingdom where, in response to rising healthcare costs, managed care and provider integration concepts have begun to take hold. Under the Consulting Services Agreement, SVI will "export" the planning and operational expertise needed for the development and management of the U.K.-based ASCs. SVI consultants will serve as project managers for each Surgicenters U.K. development. Surgicenters U.K. plans on developing 25 ASCs over the next three years. Each ASC ASC Ambulatory surgery center, see there will be a state-of-the-art facility and will offer a range of outpatient surgical procedures Surgical procedures have long and possibly daunting names. The meaning of many surgical procedure names can often be understood if the name is broken into parts. For example in splenectomy, "ectomy" is a suffix meaning the removal of a part of the body. "Splene-" means spleen. . Each ASC will be a joint venture between Surgicenters U.K. and local British physicians who will perform procedures at the facilities. Surgicenters U.K. -- with SVI's assistance -- will perform management services for each ASC. "We are pleased that SVI consultants will be assisting us in developing our surgicenters," stated N. Brian Clake, Commercial Director of Surgicenters U.K. "SVI represents the very best in U.S. surgicenter sur·gi·cen·ter n. A surgical facility for operations that do not require hospitalization. surgicenter Medical practice A place where outpatient–minor or 'same day' surgical procedures are performed–eg, operations. Consultants (surgical specialists) will benefit from practicing at facilities which reflect U.S. standards. More importantly, patients will receive outpatient surgical services in an environment that is safe, comfortable, private, and cost-effective." "We're happy to have the opportunity to work with Surgicenters U.K.," stated Ron Ladniak, Chief Executive Officer of SVI. "This represents SVI's first international consulting engagement. We believe foreign markets have great potential for surgicenter development and ownership opportunities." Surgical Ventures International, L.L.C. provides development, consulting and management services to physicians, hospitals, and health systems that wish to establish and operate ASCs. It is a closely held company Closely held company A company who has a small group of controlling shareholders. In contrast, a widely-held firm has many shareholders. It is difficult or impossible to wage a proxy battle for any closely-held firm. , owned by Gemini Consulting Group, Inc. (Oak Brook, Illinois Oak Brook is a suburb of Chicago in DuPage County, in Illinois. The population was 8,702 at the 2000 census. History Oak Brook was incorporated as a Village in 1958, due in large part to the efforts of Paul Butler, a prominent civic leader and landowner whose father had ), and the Midwest Center for Day Surgery, Inc. CONTACT: Gemini Consulting Group, Inc. Bryan Burgett, 630/645-0100 |
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