Surgery Partners

Surgery Partners

Surgery Partners was founded in 2004 and is headquartered in Brentwood, Tennessee. The firm operates as a healthcare services company with a focus on outpatient surgical care, structuring relationships with physicians as partners, affiliates, or employees rather than as a pure facility landlord. The firm owns and operates more than 300 locations in 30 states, including ambulatory surgical facilities, surgical hospitals, a diagnostic laboratory, multi-specialty physician practices, and urgent care centers. Its integrated delivery model covers surgical services and related ancillary care. The company employs over 16,000 staff and works with 5,000 affiliated physicians, serving more than 670,000 patients annually. Geographic footprint concentrates in markets where the firm can partner with local physician groups. Surgery Partners is publicly traded on NASDAQ under the ticker SGRY. The company has executed a consistent acquisition strategy, adding facilities through both tuck-in purchases and de novo development. In 2024, the firm continued expanding its network, though no specific recent transaction has been publicly highlighted. A structural differentiator is the firm's physician partnership model — rather than simply owning facilities, Surgery Partners aligns financial incentives with clinicians through equity stakes and profit-sharing arrangements. This architecture allows the firm to maintain a scalable operating platform while keeping local market decision-making with practitioners.