Hackensack University Medical Center has announced a joint venture partnership with United Surgical Partners International and community physicians in the acquisition and operation of two ambulatory surgery centers, according to a Melodika report.
The surgery centers are Hackensack Endoscopy Center and Endoscopy Center of Bergen County. Eric Avezzano, MD, one of the physician owners and medical director of Endoscopy Center of Bergen County, said, "This partnership brings the ideal combination of physicians, hospital and ambulatory industry experts together to ensure high-quality, affordable care for our patients and a business arrangement that will yield success under healthcare reform."
"We are excited to partner with these high-quality physicians to continue to offer world-class outpatient ambulatory care at Hackensack Endoscopy Center and Endoscopy Center of Bergen County," said Michael Stroup, vice president of development for USPI.
Under the partnership, HackensackUMC and USPI will own a joint venture company that will, in turn, partner with physicians to own and operate a network of outpatient ASCs in the region. Two centers have already been acquired through the joint venture, and numerous other potential ASC opportunities have been identified in New Jersey.
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The surgery centers are Hackensack Endoscopy Center and Endoscopy Center of Bergen County. Eric Avezzano, MD, one of the physician owners and medical director of Endoscopy Center of Bergen County, said, "This partnership brings the ideal combination of physicians, hospital and ambulatory industry experts together to ensure high-quality, affordable care for our patients and a business arrangement that will yield success under healthcare reform."
"We are excited to partner with these high-quality physicians to continue to offer world-class outpatient ambulatory care at Hackensack Endoscopy Center and Endoscopy Center of Bergen County," said Michael Stroup, vice president of development for USPI.
Under the partnership, HackensackUMC and USPI will own a joint venture company that will, in turn, partner with physicians to own and operate a network of outpatient ASCs in the region. Two centers have already been acquired through the joint venture, and numerous other potential ASC opportunities have been identified in New Jersey.
Related Articles on Transactions & Valuation:
21 Surgery Centers Opened, Acquired or Planned in September 2012
New York's Montefiore Medical Center to Spend $142M on First Freestanding ASC
Hart Road Pain and Spine Institute Opens in Chicagoland Area