Regent believes that doctors should own majority interest in their facilities and control their own destiny. Regent typically owns 20 percent of the equity in the ASCs and 10 percent of the physician-owned hospitals in which we partner.

Our principals invest their personal capital and expertise in each facility, sharing risks side-by-side with physician partners. In addition to owning and managing surgery centers, Regent provides consulting services to existing ASCs.

Acting as both a manager and partner, Regent advocates a limited liability company business in which the key strategic control lies with the facility's board of directors. Typically a Regent advisor has one seat and the surgeon partners hold the remaining four seats.

Regent's principals, who are experienced in ASC, hospital and physician management, spend substantial time on-site at the facility during its turnaround. We work with the current administrator or provide one of our principals as an interim administrator until an administrator can be recruited who reports to both Regent and the facility's board of directors. A leader in ambulatory surgery center and neurosurgery center development and turnarounds, Regent uses its management expertise to oversee the business and clinical operations of the facility in partnership with the on-site administrator.