Ambulatory Alliances, LLC offers physician recruitment and syndication, valuation, sell side services and access to capital services to surgery center and radiation oncology center owners.
Online PR News – 11-October-2011 – – On Friday October 7, 2011 Blayne Rush sat for and passed the Financial Industry Regulatory Authority’s (FINRA) Series 24 licensing exam.
The General Securities Principle license, also known as the Series 24, among other things allows a licensee to manage and or supervise investment banking, training, solicitation, as well as the general conduct of business operations.
FINRA was formed by a consolidation of the enforcement arm of the New York Stock Exchange, NYSE Regulation, Inc., and the NASD.
FINRA has regulatory oversight over all securities firms that do business with the public and its rulemaking power derives from the SEC.
Because the sale of any ASC most likely involves a security, working as broker in the ambulatory surgery center market requires us to be registered with the SEC and licensed by FINRA. The success of a center depends in large part on its ability to bring in the right mix of physicians through an initial syndication of the LLC or LP. An offering of units in the vast majority of cases falls under the jurisdiction of federal and state securities laws.
“Because Ambulatory Alliances’ services are becoming more and more sought after, we are expanding our team. In order to do so, I needed to be able to supervise other investment banking professionals, thus that is why I took the steps necessary and obtain this additional license.” said Blayne Rush
Blayne Rush is the President of Ambulatory Alliances, LLC (www.AmbulatoryAlliances.com) and is the only SEC Registered and FINRA Licensed Investment Banker dedicated to the ASC market. He specializes in acquisitions, alliances and access to capital markets for surgery and radiation oncology centers. He holds a masters degree in Health Promotions, a MBA and an executive education certificate in The Private Capital Markets from Pepperdine University. He has over 15 years of experience in the health care industry and has worked with over 250 different healthcare organizations. Ambulatory Alliances uses a two stage negotiated bid process to help obtain the premium price for your center. He can be reach though their web site or by calling 469-385-7792.
Ambulatory Alliances, LLC work with surgery center owners in three main areas:
Selling Surgery Centers for Peak Price and Terms: Surgeon owners that have an interest in selling part of or all of their ambulatory surgery center, we work to help you understand the value drivers from the eyes of the potential buyers, then we go into the market place representing you soliciting bid proposals from multiple buyers and multiple buyer types and the negotiate on your behalf. In essence we bid up the price and negotiate terms.
Physician Recruitment and Syndications: Physician recruitment and syndication is the process of organizing into or administering as a syndicate. A Syndicate is an association of people or firms formed to engage in an enterprise or promote a common interest. Syndicating an ASC or radiation therapy center entails the selling of a percentage ownership interest to investors such as physician investors. Doctors offering units in an ASC or radiation oncology center must comply with certain federal and state securities laws. Third party intermediaries involved in advising on or otherwise facilitate securities offerings – whether through a public offering or private placement are required to be registered with the Securities and Exchange Commission and Licensed through FINRA.
Access to the capital markets and capital structure consulting: Capital structure refers to the mix of debt and equity financing in a surgery center. Private debt and equity are raised in the private capital markets such as bank lending, equipment leasing, asset-based lending, factoring, mezzanine and private equity. As a registered and licensed investment banking firm, we work with ASC owners to understand how to best utilize debt and equity to increase their growth rate and maximize earnings as well as act as their intermediary in accessing and negotiating with the capital markets (providers of equity and debt).
Securities offered through WealthForge, LLC 501 East Franklin ST, STE 118
Richmond, VA 23219 member FINRA, SIPC. Ph (804) 521-4360