How is a surgery center initially financed?
Regent typically owns about 20 percent of the ambulatory surgery centers in which we partner. As an example, a new surgery center generally would cost $6 million in total capital, including the cost of the facility, working capital and equipment. In current market conditions, the $6 million in financing would be raised through: Debt financing: $4 million Physician Investment: $1.6 million Regent Investment: $0.4 million In the above financing structure, physician partners would own 80 percent of the entity, and Regent would own the remaining 20 percent.
