HOUSTON, Sept. 26,2001 (PRIMEZONE) -- SurgiCare, Inc. (AMEX:SRG), a Houston-based Ambulatory Surgical Center (ASC) provider, announced today that its Co-Chief Executive Officers, David L. Blumfield, M.D. and Charles S. Cohen are currently featured in an interview with CEOcast, Inc. a leading on-line financial portal. The interview is accessible at www.ceocast.com.
"The softening economy and tragic results of September 11, really haven't impacted our business much," said Dr. Blumfield in the interview. "Our profitability for the quarter remains on track. We feel very comfortable with our projections for the full-year. The healthcare industry is really not affected by recession. Unfortunately, people get sick and need to have physical problems taken care of. We are positioned to take care of them. We feel very comfortable with our position and ability to grow during these tough times."
In the interview, the executives also discuss the Company's strategy to develop both Ambulatory Surgical Centers and specialty facilities across the country and relationships with strategic partners.
About SurgiCare, Inc.
SurgiCare, Inc. offers licensed, free-standing Ambulatory Surgery Centers, and specialty hospitals for use by physicians and its physician partners and their patients. Free-standing refers to the fact that the facilities are physically and organizationally independent from a hospital. Ambulatory Surgery means surgical procedures, which do not require overnight hospitalization after the surgery. The ASC's are run under the guidance of a committee of physician partners. SurgiCare's goal is to grow through mergers, acquisitions, and turnkey management contracts in conjunction with physician-involved supervision and potential equity participation within a public company model. For more information on SurgiCare, please visit the company's Website at www.surgicareinc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words ``believes,'' ``expects,'' ``anticipates'' or similar expression. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of SurgiCare, Inc., (the Company) to differ materially from those expressed or implied by such forward-looking statements. (Such factors include, among others, the risk factors contained in the Company's Annual Reports and other filings with the Securities and Exchange Commission.) In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.