Surgical Management Professionals

What Surgical Management Professionals does

Surgical Management Professionals (SMP) is a 100% physician-owned management and consulting firm headquartered in Sioux Falls, South Dakota, founded as a separate entity in 2005 with operational roots tracing to the Sioux Falls Surgical Center, the first multi-specialty ambulatory surgery center in South Dakota. The firm employs between 101 and 250 people and provides an integrated suite of services across four practice areas: ASC Development (feasibility, facility design, regulatory and accreditation support), Surgery Center Management (day-to-day operations, compliance, staffing, IT), Revenue Cycle Management (coding, billing, denial management, payer contracting, business intelligence), and Finance and Accounting (financial reporting, budgeting, payroll, audit support). Its revenue model combines project-based professional services for development with recurring managed-services fees for management and RCM, and it has supplemented this with an equity investment fund that allows it to take minority ownership stakes in client ASCs while preserving local physician majority ownership.

SMP sells primarily through direct enterprise engagement with physician groups, health systems, specialty surgical hospitals, and investors interested in developing or operating surgical facilities. Pricing is quote-based and customized for each engagement, with no public tiers. Distribution is anchored by executive-level consultations, referral-based selling, and active participation in the Ambulatory Surgery Center Association (ASCA) conference circuit and state ASC associations (e.g., CASCA). Marketing is content-driven, including blog content, webinars (Survey Readiness), and gated resources (Data-Driven Orthopedics). The company's claimed technical platform centers on revenue cycle management systems and business intelligence analytics tailored for ASCs; no AI/ML models, APIs, or mobile applications are disclosed. Competition is differentiated against publicly traded ASC management companies through the physician-owned, partnership-oriented ownership model and the executive team's hands-on ASC operational experience.

Name

Surgical Management Professionals

Legal name

Surgical Management Professionals, LLC

Website

https://smpsd.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Surgical Management Professionals is a 100% physician-owned firm providing ASC development, management, revenue cycle, and finance and accounting services to ambulatory surgery centers, specialty surgical hospitals, and health systems across the United States.

Ownership category

akta.pro rank

Product category

Ambulatory Surgery Center Management Services

NAICS

Management Consulting Services (54161), Professional, Scientific, and Technical Services (54)

SIC

Services-Health Services (8000)

akta.pro primary industry

Single-Specialty ASCs (HLAFAIAB)

akta.pro secondary industry

Healthcare Clinical & Allied Health Staffing (BPACADAJ)

Keywords

• Ambulatory surgery center management
• ASC development services
• Revenue cycle management
• Surgical facility consulting
• Healthcare management services

Headquarters

HQ city

Sioux Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. ASC Development Services: Fees for end-to-end ASC development services including feasibility studies, facility planning, regulatory assistance, and operational launch. Typically structured as project-based consulting engagements with physician groups and investors.
2. Surgery Center Management: Ongoing management fees for day-to-day ASC operations including clinical operations, compliance, staffing, accreditation support, and vendor relationships. Recurring revenue from management service contracts.
3. Revenue Cycle Management: Comprehensive RCM outsourcing including coding, billing, accounts receivable management, payer contracting, and compliance audits. Revenue cycle services provided on an ongoing basis.
4. Finance and Accounting Services: Back-office financial services including monthly reporting, budgeting, payroll, accounts payable, and audit support for ASC clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Surgical Management Professionals (SMP) is a 100% physician-owned management and consulting organization providing end-to-end services for ambulatory surgery centers (ASCs) and specialty surgical hospitals. The portfolio spans ASC development (feasibility, design, licensure, launch), ongoing operational management (compliance, staffing, accreditation), revenue cycle management (coding, billing, denial management, payer contracting), and finance and accounting services (reporting, budgeting, payroll, audit support).

Product overview

Surgical Management Professionals (SMP) is a 100% physician-owned management and consulting organization providing a comprehensive suite of services for ambulatory surgery centers (ASCs) and specialty surgical hospitals throughout their entire lifecycle. The company's service portfolio is organized into four interconnected practice areas: ASC Development Services (including feasibility studies, facility planning, regulatory/licensure support, and payer contracting), Surgery Center Management Services (covering day-to-day operations, staffing, compliance, accreditation, and IT systems), Revenue Cycle Management Services (encompassing full-service billing/coding, denial management, charge master optimization, business intelligence analytics, and compliance audits), and Finance & Accounting Services (including financial reporting, budgeting, payroll, and audit support). SMP's differentiation rests on its executive team's hands-on ASC experience and its partnership model that allows local physicians to maintain majority ownership while SMP provides expertise across development, operational management, revenue cycle optimization, and managed care contracting.

Differentiator

Problem solved

Functional benefit

Named customers3 records

Segments4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• American Surgery Center Association (ASCA)coreStrategic or Co-development PartnerSMP actively participates in ASCA conferences and industry events, engaging with the broader ASC community on regulatory, operational, and policy matters. They track and communicate ASCA's federal policy updates to clients and contribute to industry advocacy efforts.
• Colorado ASC Association (CASCA)minorStrategic or Co-development PartnerSMP CEO Traci Albers participated in a CASCA-hosted conversation on supply chain challenges, sharing industry expertise and best practices with ASC leaders in the Colorado region.
• Group Purchasing Organizations (GPOs)coreChannel Partner/ Reseller/ DistributorSMP helps ASC clients leverage GPO relationships for supply chain optimization, bulk purchasing, and contract negotiations to reduce costs and improve operational efficiency.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Surgical Information Systems (SIS): SIS provides specialty-focused EHR, RCM, and analytics software for ASCs and surgical hospitals. It is an emerging/adjacent technology peer in the ASC RCM and analytics stack that overlaps with SMP's RCM and business intelligence offerings.

Broad incumbents

• HCA Healthcare: HCA Healthcare operates a large network of hospitals and joint-venture ASCs across the U.S. and has its own ASC management capabilities. It is a broader healthcare incumbent that competes with SMP for health-system ASC development and management engagements.
• Surgical Care Affiliates (SCA / Optum): SCA, acquired by Optum, is one of the largest ASC operators in the U.S. with integrated management, development, and physician partnership services. It is a key broad incumbent competing for the same physician-group and health-system ASC deals as SMP.
• Tenet Healthcare / USPI: Tenet Healthcare owns USPI, the largest U.S. ASC management and development platform. Tenet competes broadly with SMP for outpatient surgery development partnerships, particularly with health systems seeking scale-oriented JV partners.
• AmSurg (Envision): AmSurg, formerly part of Envision Healthcare, is one of the largest ASC operators in the country. It is a broad incumbent offering ASC management and physician partnership services competitive with SMP across multiple surgical specialties.
• United Surgical Partners International (USPI): USPI is the largest ASC management and development company in the U.S., now part of Tenet Healthcare and closely tied to UnitedHealth/Optum. It is the dominant incumbent against which SMP competes for joint-venture and management contracts with health systems and physicians.

Direct peers

• ValueHealth: ValueHealth is a privately held, value-based ambulatory surgical platform that develops and partners in ASCs with health systems, payers, and physicians. Its focus on ASC development and partnership economics makes it a direct, like-sized peer to SMP.
• Regent Surgical Health: Regent Surgical Health is a direct competitor, offering ASC development, management, and partnership/equity services to physician groups and health systems. Its full lifecycle service model and physician-aligned ownership positioning make it among the closest functional analogs to SMP.
• National Surgical Healthcare (NSH): National Surgical Healthcare partners with physicians and health systems to develop, own, and operate surgical facilities including ASCs and surgical hospitals. Its development-plus-equity model mirrors SMP's full-service approach with physician ownership emphasis.

Others

• Source Medical Solutions / NextGen Healthcare: Source Medical (now part of NextGen) provides ASC-focused EHR and practice management software. It is an enabling technology vendor that competes for some of the workflow and data functions bundled within SMP's RCM and analytics services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SMPsurgical
• Facebookfacebook.com/SurgicalManagementProfessionals
• LinkedInlinkedin.com/company/surgical-management-professionals
• Instagraminstagram.com/smpsurgical

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Surgical Management Professionals