Gramercy Surgery Center

What Gramercy Surgery Center does

Gramercy Surgery Center operates two New York State Article 28 licensed freestanding ambulatory surgery centers located in Manhattan (380 Second Avenue) and Queens (59-25 Kissena Boulevard, Flushing). Founded in 2006, the company provides outpatient surgical care across 14 specialties including bariatric surgery, breast cancer surgery, general surgery, gynecology, lithotripsy, ophthalmology, orthopedic surgery, otolaryngology (ENT), pain management, plastic and reconstructive surgery, podiatry, radiation oncology, urology, and vascular surgery. The center serves 200+ active surgeons and maintains in-network relationships with 20+ insurance plans, with AAAHC accreditation validating quality and safety standards.

The underlying technology stack is centered on leading-edge surgical equipment and clinical support infrastructure typical of multi-specialty ASCs, with no proprietary software products or AI capabilities evidenced in the available data. Operational integrations are limited to standard healthcare IT tools: ChartRequest for medical records requests and PatientNotebook for online bill payment. The core "product" is the physical, accredited surgical facility itself and the supporting clinical team.

The business model is insurance-based billing for outpatient surgical procedures, structured as a transaction-fee revenue stream. Go-to-market is sales-led, relying on physician referrals from the 200+ active surgeons who perform procedures at the centers and on payer relationships across 20+ in-network insurance plans. The company addresses two primary customer segments: patients seeking accessible, lower-cost outpatient surgical care compared to hospital settings, and surgeons and physicians requiring a high-quality facility with direct access to administrators. The business is designated as veteran-operated, with no parent company, private equity, or venture capital backing identified in the available data, suggesting a physician-owned or independently managed operating model.

Name

Gramercy Surgery Center

Legal name

Gramercy Surgery Center Inc

Website

https://gramercysurgerycenter.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Gramercy Surgery Center operates two Article 28 licensed ambulatory surgery centers in Manhattan and Queens, providing outpatient surgical care across 14 specialties to patients referred by 200+ active surgeons under 20+ in-network insurance plans.

Ownership category

akta.pro rank

Product category

Ambulatory Surgery Services

NAICS

Freestanding Ambulatory Surgical and Emergency Centers (621493)

SIC

Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Ambulatory Specialty Clinics (Multi-Specialty & Single-Specialty) (HLAFABAA)

Keywords

• Ambulatory surgery services
• Outpatient surgical care
• Multispecialty surgery
• Ambulatory care center
• Surgical facility services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Surgical Procedure Revenue: Revenue generated from outpatient surgical procedures performed at the two licensed Article 28 freestanding ambulatory surgery centers. Services are billed through insurance plans and patient payments based on in-network agreements with 20+ insurance providers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Gramercy Surgery Center operates two licensed Article 28 freestanding ambulatory surgery centers in Manhattan and Queens, NYC, providing outpatient surgical care across 14 specialties including bariatric, orthopedic, ophthalmology, urology, and pain management. The center serves 200+ active surgeons with leading-edge surgical equipment and a strong clinical support team, and partners with 20+ in-network insurance plans to deliver high-quality, low-cost surgical care to patients.

Product overview

Gramercy Surgery Center operates as a multi-specialty ambulatory surgery center network with two licensed Article 28 freestanding facilities in Manhattan and Queens, NYC. Established in 2006, the center provides outpatient surgical care across 14 specialties including Bariatric Surgery, Breast Cancer Surgery, General Surgery, Gynecology, Lithotripsy, Ophthalmology, Orthopedic Surgery, Otolaryngology (ENT), Pain Management, Plastic & Reconstructive Surgery, Podiatry, Radiation Oncology, Urology, and Vascular Surgery. The center serves over 200 active surgeons and collaborates with 20+ in-network insurance plans, positioning itself as one of Manhattan's leading surgery centers for over five consecutive years.

Differentiator

Problem solved

Functional benefit

Products and services

• Bariatric Surgery Services

Quantifiable outcome

• High-quality, low-cost patient care delivery

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Three partnerships are on record, tiered core.

• AAAHC (Accreditation Association for Ambulatory Health Care)coreOthersAAAHC accreditation demonstrates the center meets high standards of quality and patient safety for ambulatory healthcare facilities. This certification is prominently displayed on the center's website and is a mark of healthcare quality excellence.
• NYSAASC (New York State Ambulatory Surgery Association)coreOthersMembership in the New York State Ambulatory Surgery Association, representing and supporting ambulatory surgery centers throughout New York State.
• 20+ Insurance Providers (In-Network)coreOthersThe center participates with 20+ in-network insurance plans, enabling patients to access services with insurance coverage. Specific insurance partners are not individually named on the website.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Surgery Partners: Surgery Partners (NASDAQ: SGRY) operates a large network of short-stay surgical facilities including multi-specialty ASCs. Directly comparable to Gramercy in business model (multi-specialty outpatient surgical care, in-network insurance, surgeon-recruitment driven) with vastly larger scale.
• Covenant Physician Partners: Covenant Physician Partners (KKR-backed) operates multi-specialty ASCs and specialty surgical facilities across the US. Similar multi-specialty ASC model with PE ownership, making it comparable in operational and capital-structure profile.
• Ambulatory Surgical Centers of America (ASCOA): ASCOA partners with physicians to develop and manage multi-specialty ASCs. Highly comparable operating model to Gramercy with a similar physician-partnership, multi-specialty ASC focus.
• Regent Surgical Health: Regent Surgical Health is an ASC management and development company partnering with physicians to operate multi-specialty ambulatory surgery centers. Closely mirrors Gramercy's model of physician-recruited, multi-specialty ASCs with management support.

Emerging players

• PE-backed ASC roll-up platforms (KKR/AmSurg, Bain/Surgery Partners-adjacent): Multiple PE-backed ambulatory surgery platforms (e.g., US Anesthesia Partners, PE roll-ups of regional ASCs) compete for surgeon talent and payer contracts in major metros. Comparable through ASC consolidation dynamic rather than direct site competition.

Regional players

• Hospital for Special Surgery (HSS): HSS is a leading specialty orthopedic hospital with outpatient surgical facilities in New York. Overlaps with Gramercy's orthopedic surgery specialty in the same NYC market, though HSS is a specialty hospital with broader national brand recognition.
• Mount Sinai Health System: Mount Sinai operates hospital outpatient departments and ambulatory surgery services in Manhattan, competing with Gramercy for the same NYC patient and surgeon pool across overlapping specialties. A regional provider rather than an independent ASC competitor.

Broad incumbents

• HCA Healthcare: HCA Healthcare operates a broad network of hospitals and outpatient facilities, including ASCs across multiple specialties. A broad incumbent with overlapping multi-specialty ambulatory surgical capabilities rather than a single-site competing ASC.
• AMSURG (Envision): AMSURG operates a large network of ASCs including multi-specialty centers across the US, originally part of Envision Healthcare. A broad incumbent comparable to Gramercy's multi-specialty ASC operating model but at national scale.
• United Surgical Partners International (USPI): USPI (Tenet Healthcare subsidiary) is the largest ASC platform in the US, operating multi-specialty facilities and joint ventures with health systems. Overlaps directly with Gramercy's multi-specialty ASC model but at a national, system-affiliated scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/gramercysurgery
• Facebookfacebook.com/GramercySurgeryCenterInc
• LinkedInlinkedin.com/company/gramercy-surgery-center-inc
• Instagraminstagram.com/gramercysurgerycenter

Compliance2 records

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 Gramercy Surgery Center