Northstar Healthcare Announces Closing Second Round of Re-Syndication at Dallas-Area Surgery Center

Northstar Healthcare Announces Closing Second Round of Re-Syndication at 
Dallas-Area Surgery Center 
HOUSTON, TX, Jan. 7, 2013 /CNW/ - Northstar Healthcare Inc. (TSX: NHC) today 
announced the closing on December 31, 2012 of a private placement offering for 
equity at Northstar's affiliated Dallas-area ambulatory surgery center, 
Microsurgery Institute, LLC. As a result of the placement three 
well-respected physicians either individually or through investment vehicles 
will now be affiliated with Microsurgery. 
Dr. Donald Kramer, Chief Executive Officer of Northstar, commented that, 
"finalizing the second round of re-syndication at our Dallas center represents 
another milestone in Northstar's continuing turnaround. In August we 
finalized a new strategic partnership with a busy and reputable spine surgeon 
and then set ourselves a goal of attracting new physician-talent to the 
center. Now, several well-respected Dallas practitioners have affiliated 
with Microsurgery and are performing cases there. We hope that as Microsurgery 
continues to grow, it will also continue to attract this caliber of talent. 
Physician acquisition is a key part of our two-pronged growth strategy. The 
other being Northstar's direct-to-consumer marketing, which also continues to 
About Northstar Healthcare Inc.
Northstar partners with physicians in the ownership and management of 
ambulatory facilities and healthcare services. Northstar owns and manages 
interests in three ambulatory surgery centers, two in Houston and the third in 
Forward-looking statements
This news release may contain forward-looking statements (within the meaning 
of applicable securities laws) relating to business of Northstar Healthcare 
Inc. (the "Company") and the environment in which it operates. Forward-looking 
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"intend", "plan", "will", "may" and other similar expressions. These 
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projections. They are not guarantees of future performance and involve risks 
and uncertainties that are difficult to control or predict. These risks and 
uncertainties are discussed in the Company's regulatory filings available on 
the Company's web site at or at 
There can be no assurance that forward-looking statements will prove to be 
accurate as actual outcomes and results may differ materially from those 
expressed in these forward-looking statements. Readers, therefore, should not 
place undue reliance on any such forward-looking statements. Further, a 
forward-looking statement speaks only as of the date on which such statement 
is made. The Company undertakes no obligation to publicly update any such 
statement or to reflect new information or the occurrence of future events or 
Thomas Foster Tel: (713) 355-8614 
SOURCE: Northstar Healthcare Inc. 
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CO: Northstar Healthcare Inc.
ST: Texas
-0- Jan/07/2013 11:30 GMT
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