This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Physicians Endoscopy Acquires Majority Ownership In ASC -- Newtown, PA

DOYLESTOWN, Pa., Jan. 24, 2013 /PRNewswire/ -- Physicians Endoscopy, LLC (PE), along with the physicians of Bucks County Gastroenterology, PC, and Clinical Gastrointestinal Associates, PC, are pleased to report that as of December 31, 2012, PE has acquired a majority share of the Endoscopy Center of Bucks County (ECBC). Located in Newtown, PA, this center is the closest in proximity to PE's corporate office and is the 6 th acquisition for PE in 2012. This three-procedure room, eight-physician center opened in 2006, and is expected to perform over 7,000 procedures annually.

"We are very excited about our decision to add PE as a corporate partner. Throughout our discussions, they were a pleasure to deal with and made great efforts to accommodate all of our needs. With their expertise, we are confident we will be able to take our center to the next level of excellence. We look forward to a long and successful relationship," states David Popper MD, Medical Director, ECBC.

"PE was initially contacted by the physicians in November 2012. They wanted to quickly close the transaction before the end of the year to benefit from the capital gains tax. It was an extraordinary effort by all parties to navigate through the due diligence and legal process in a matter of 60 days. Fortunately, the center's administrative and physician teams were extremely organized and committed to keeping to our tightly structured transaction timeline. It was evident from the outset this would be a great partnership," said Carol Stopa, VP, New Business Development, Physicians Endoscopy.

Physicians Endoscopy is a nationally recognized development and management partner for single-specialty EASCs. The company currently operates 27 partnered facilities in 13 states and will open several additional facilities in the next twelve months. For more information, please visit

Media Contact: Carol StopaPhysicians Endoscopy (215) 589-9018

SOURCE Physicians Endoscopy

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.75 -1.10%
FB $117.53 0.69%
GOOG $693.00 0.29%
TSLA $240.75 -2.80%
YHOO $36.61 0.06%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.29 -10.52 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs