A testimonial from the owner of Clearview Surgical Institute. Dr. Michael Hochman sold a controlling interest of his Ambulatory Surgery Center (ASC) to NovaMed (NOVA) July 20, 2006.

July 27, 2006

To whom it may concern:

I was serious about getting a strategic partner for my multi-specialty ambulatory surgery center. I wanted to get some liquidity from my investment in the center and relieve some of my administrative burden.

A colleague told me that he was partner in an ASC and suggested I call Equity Transfers. He told me that Equity Transfers had done a great job selling an interest in his center.

I hired Equity Transfers on March 20, 2006. We closed on a financially lucrative deal on July 20, 2006.

Throughout the entire process I had no surprises. The staff I worked with at Equity Transfers, John Hedrick and Mike Muzzy, had laid out everything that I should expect, from valuation, timing and due diligence.

Together, we picked the best strategic partner, one that would fit our organization and also pay the proper value.

I found John and Mike to be honest, intelligent and knowledgeable. We worked through the due diligence process and they advised me through the contract negotiations. I called John or Mike at my convenience, after hours and on weekends. I was always able to reach them. They made me feel comfortable reaching out to them, anytime, anywhere.

I am very happy with the results. We received a great valuation and have a great new partner!

I highly recommend the professionals at Equity Transfers to anyone looking to sell their medical facility or business. I am the best at what I do. I recognize I need to hire the best to help me. Equity Transfers is the best!

Sincerely
Michael A. Hochman, MD, FAAO
President