NASHVILLE-Veteran Nashville healthcare industry executives have joined forces to form a company that links integrated delivery systems run by doctors with the facilities and services they might need.
Ambulatory Resource Centres, an outpatient-care center company, has merged with UniPhy Healthcare, a physician practice management company, to create a Nashville-based company called Symbion, projected to have combined 1999 revenues of $100 million. Financial terms were not disclosed.
Richard Francis Jr., chief executive officer of UniPhy, will be CEO of the new company, and William Webb, president and CEO of Ambulatory Resource Centres, will become chief development officer.
Ambulatory Resource Centres was founded in 1996 with financial backing from Charles Martin Jr., former chairman, president and CEO of OrNda HealthCorp. Webb, another founder, is a former OrNda senior vice president of acquisitions and development.
UniPhy develops and manages multispecialty clinics, independent practice associations and other outpatient services. It was founded in 1996 by Francis, a former senior vice president of development at HealthTrust-The Hospital Co., and Clifford Adlerz, who developed HealthTrust's management services organization for physicians. Martin will be Symbion's board chairman. Adlerz, who had been chief operating officer of UniPhy, will be Symbion's COO.
Symbion will be the parent company; UniPhy will change its name to Symbion Physician Services; and Ambulatory Resource Centres will become Symbion Ambulatory Resource Centres.