Case Study

Sale of Outpatient Cardiovascular Facilities in St. Louis, Missouri

Sale of Outpatient Cardiovascular Facilities in St. Louis, Missouri

1 St. Louis Cardiovascular Institute (“SLCI”) is an office-based laboratory performing intervention and peripheral vascular procedures. St. Louis Specialty Surgical Center (“SLSSC”) is an ambulatory surgery center specializing in defibrillator, event recorder, pacemaker, catheterization, ERCP, colonoscopy, and EGD procedures. The two facilities are located under a shared roof in Kirkwood, Missouri, a Western suburb of St. Louis. SLCI & SLSSC operate independently; but of the 16 physicians on staff, many are partner physicians with ownership in both of the entities. Facilities Overview SLCI and SLSSC were seeking a partner that met several objectives. The first was that the desired potential partner would be able to provide the regulatory expertise and back-office wherewithal to transform t

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