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NovaMed, Inc. · Chicago, IL United States ·(NASDAQ (GS): NOVA)

Company Description

980 N. Michigan Ave. Ste. 1620
Chicago, IL
60611
United States (Map)
Phone: 312-664-4100
Fax: 312-664-4250
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    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. To read the full description, subscribe now.

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    Key NovaMed, Inc. Financials

    Company TypePublic - NASDAQ (GS): NOVA

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$141.2
    Employees691

    NovaMed, Inc. Executives

    15 executives listed for NovaMed, Inc.'s Chicago, IL location.
    TitleName & BioContact
    President, CEO, and ChairmanThomas HallNetwork
    SVP OperationsCassandra SpeierNetwork
    EVP and CFOScott MacomberNetwork

    Competition

    Competitive Landscape for NovaMed, Inc.
    Demand for physician services is driven by population growth and demographics. The profitability of individual practices depends on the reputation and expertise of the physician and staff. Large practices have advantages in leveraging administrative processes and expensive diagnostic equipment. Small practices compete effectively by providing specialized skills and good customer service. Physicians generally have several direct competitors in the immediate geographic area. The industry is labor-intensive: average annual revenue per worker for a small physician's office is about $135,000. To read the full description, subscribe now.
    Top NovaMed, Inc. Competitors
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