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NovaMed Inc

 
Hoover's Profile: NovaMed, Inc.
(NASDAQ (GS):NOVA)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
NovaMed, Inc.
980 N. Michigan Ave., Ste. 1620
Chicago, IL 60611
IL Tel. 312-664-4100
Fax 312-664-4250

Type: Public
On the web: http://www.novamed.com
Employees: 810
Employee growth: 17.2%

NovaMed believes that the eyes are the windows to the pocketbook. As more Americans seek convenient fixes for eye problems, the company has cashed in by acquiring and managing ambulatory surgical centers across the US. It operates more than 35 centers, with an emphasis on ophthalmologic surgery such as cataract and refractive eye surgery and laser vision correction (LASIK and other procedures). Other company centers offer health care services in areas such as orthopedics, pain management, and outpatient surgery including plastic surgery and general surgery. The company also rents optical equipment and operates optical labs (finishing of contact and eyeglass lenses) and an optical products purchasing organization.

Key numbers for fiscal year ending December, 2008:
Sales: $141.2M
One year growth: 9.8%
Net income: $9.6M

Officers:
President, CEO, and Chairman: Thomas S. Hall
SVP Operations: Cassandra T. Speier
EVP and CFO: Scott T. Macomber

Competitors:
AmSurg
Symbion
United Surgical Partners

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