HOUSTON, August 3, 2001 (PRIMEZONE) -- SurgiCare, Inc. (AMEX:SRG), a Houston-based Ambulatory Surgical Center (ASC) provider, announced today that it has appointed Robert Anderson as its Controller. Mr. Anderson, a registered Certified Public Accountant (CPA) and Certified Financial Planner (CFP), will oversee all accounting policies and procedures for SurgiCare as the company continues its rapid expansion. His duties will include maintaining the company's books and records, preparing, reviewing and filing monthly and quarterly financial statements, budgeting, cash management, cost analysis, tax preparation, payroll and reviewing the books of all potential merger and acquisition candidates.
Mr. Anderson has over 20 years of accounting and fiscal management experience, working in varying capacities ranging from tax manager to controller. He is well versed in securities and filing regulations, which should proved extremely valuable to SurgiCare as its continues to grow as a public corporation traded on a national exchange.
"In conjunction with our move to the American Stock Exchange, we have made a firm commitment to continued growth of our company as well as the strengthening of our financial management," says Dr. David Blumfield, Chief Executive Officer of SurgiCare. "Our announcement this week of the groundbreaking for our fifth surgical center should evidence the fact that we have kicked our expansion plans into high gear. Adding an experienced controller such as Robert Anderson to our management team should prove to be very a wise move. He has demonstrated that he knows how to manage the financial and reporting aspects of fast growing public corporations like ours. As we speed up the execution of our business plan even further, it will be extremely important to have someone with his level of expertise on our team."
Prior to joining SurgiCare, Mr. Anderson served as Controller for NetStrategy, a technology incubator. Earlier, he served as controller at ebaseOne Corporation, a publicly traded technology company. Prior to that, he served as Tax Manager and in other supervisory roles for McEvoy & Company, a large accounting firm. He also served in financial and tax consulting roles with Prime Net Capital Resources and The Guardian Life Insurance Co and as Tax Manager with Edward, Heard, Heath & Nixon.
Mr. Anderson received a B.B.A. in accounting from the University of Texas at Austin. He is a member of the American Institute of Certified Public Accountants and the Texas Society of Certified Public Accountants.
About SurgiCare, Inc.
SurgiCare, Inc., which formerly traded on the Over-The-Counter Bulletin Board under the symbol (OTCBB:SXCR), offers licensed, freestanding Ambulatory Surgery Centers for use by physicians and its physician partners and their patients. Freestanding refers to the fact that the facilities are physically and organizationally independent from a hospital. Ambulatory Surgery means surgical procedures that do not require overnight hospitalization after the surgery. The ASCs 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 Web site at www.surgicareinc.com.
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