Merritt Healthcare Advisors (“MHA”) is pleased to announce the strategic partnership of Gramercy Park Digestive Disease Center (Gramercy Park) based in New York City, with Surgery Partners, headquartered in Brentwood, Tennessee. Founded in 2003, Gramercy Park is among the largest independent multi-site endoscopy providers in the region, with endoscopy centers at 250 Park Avenue & Bennett Avenue in Manhattan. Their services cover a wide range of endoscopic procedures, including a dedicated practice for anesthesia services at the endoscopy centers. Gramercy has chosen to collaborate with SP to benefit from their expertise in scaling businesses to top-tier industry platforms.
Lawrence Ottaviano, a partner at Gramercy Park, expressed excitement about the new partnership: “We are delighted to join forces with Surgery Partners. By combining our strengths and leveraging Surgery Partners’ operational resources, we are confident in our ability to enhance the patient experience. By easing our clinical teams’ administrative burdens, we can continue delivering exceptional care and support to our patients seamlessly. This partnership would not have been possible without Merritt’s assistance.”
“Gramercy Park’s dedication to providing high-quality healthcare services aligns perfectly with our mission. We eagerly anticipate collaborating to improve patient quality of life through this partnership,” said Trent Webb, Senior Vice President of Surgery Partners.
“Merritt is pleased to announce the partnership between Gramercy Park and Surgery Partners. This collaboration brings together two industry leaders committed to offering high-quality, cost-effective healthcare services. Gramercy Park’s advanced ambulatory surgical center, focused on comprehensive outpatient endoscopic healthcare for adults, complements Surgery Partners’ diverse healthcare services, which include surgical facilities and multi-specialty physician practices ” said Zak Eisenberg, Partner at Merritt Healthcare Advisors.
Gramercy Park Digestive Disease Center (Gramercy Park)
Gramercy Park Digestive Disease Center (Gramercy Park) is a New York State certified Ambulatory Surgery Center specializing in gastroenterology services. Situated in the charming neighborhood of Gramercy Park, surrounded by picturesque brownstones and tree-lined streets, the center is dedicated to providing comprehensive outpatient endoscopic healthcare for adults. Known for its state-of-the-art facilities and dedication to patient care, the center’s location near the elegant Gramercy Park adds to its appeal.
Gramercy Park distinguishes itself through its unique offering of gastroenterology services, leveraging its superb residential location and exclusive access to the private park of the same name. This strategic positioning, combined with Gramercy Park’s commitment to high-quality healthcare, makes it a preferred choice for patients seeking gastroenterology services in New York. For additional information on Gramercy Park, please visit https://www.gpddc.com/.
About Merritt Healthcare Advisors
Merritt Healthcare Advisors is the leading provider of merger and acquisition services for healthcare businesses, including surgery centers, physician practices, and ancillary service providers. As the only M&A advisory firm with active clinical operations, Merritt has an unmatched perspective when it comes to obtaining optimal valuation for our clients. Having completed more than $5 billion in healthcare transactions across the United States since 2005, Merritt helps clients realize the true value of their assets, source relationships of strategic value, and ultimately manage the process of achieving a successful transition. The Principals of Merritt acted in their capacity as licensed investment banking agents of Burch & Company, Inc., member FINRA/SIPC. For additional information on Merritt Healthcare Advisors, please visit https://merrittadvisory.com/.
About Surgery Partners (SP)
Headquartered in Brentwood, Tennessee, Surgery Partners is a leading healthcare services company with a differentiated outpatient delivery model focused on providing high quality, cost-effective solutions for surgical and related ancillary care in support of both patients and physicians. Founded in 2004, Surgery Partners is one of the largest and fastest growing surgical services businesses in the country, with more than 180 locations in 33 states, including ambulatory surgery centers, surgical hospitals, multi-specialty physician practices and urgent care facilities. For additional information on Surgery Partners, please visit https://surgerypartners.com/.