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Jeffrey A. Hechtman - a man in a business suit, smiling at the camera
Jeffrey A. Hechtman
Partner | Board of Directors
Corporate Attorney Kate Kanabay
Kate Kanabay
Partner | Board of Directors
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HMB Congratulates Client Surgical Directions on Management Buyout

01/22/2021
Jeffrey A. Hechtman - a man in a business suit, smiling at the camera
Jeffrey A. Hechtman
Partner | Board of Directors
Corporate Attorney Kate Kanabay
Kate Kanabay
Partner | Board of Directors
A wooden checkmark on a green background.

HMB congratulates the management team of client Surgical Directions, a national consulting, leadership and analytics partner to hospital systems and medical groups who seek to improve their perioperative and anesthesia services, for acquiring the company from Mednax Services, Inc. ("Mednax"), a national health solutions partner. Terms of the transaction were not disclosed.

“We are incredibly excited about how this will benefit our clients,” said Leslie Basham, President & Chief Executive Officer of Surgical Directions. “Our new ownership structure gives us the freedom, flexibility and focus to partner with our clients to provide innovative digital and consulting solutions for improved procedural care. We look forward to continuing to work with Mednax as a client and providing valuable support to their affiliated practices and hospital partners across the country.”

Surgical Directions has successfully helped more than 400 healthcare clients nationwide increase patient access, optimize governance, reduce cost and, most importantly, improve patient care. This restructuring is a significant move for Surgical Directions in its mission to be a primary source of innovation in the healthcare industry, alongside several new company initiatives that include, Perioperative Analytics Platform, Anesthesia Advisory and Leadership Solutions and Value Based Care Solutions.

HMB’s Mergers & Acquisitions Team was Jeffrey A. Hechtman and Kate Kanabay. HMB is excited to continue to represent Surgical Directions as outside general counsel.

Read the full press release by BUSINESS WIRE here.

Learn more about HMB’s Mergers & Acquisitions practice here.

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