Robert Wood Johnson University Hospital in New Brunswick, N.J., announced today it will partner with Regent Surgical Health to convert the hospital's ambulatory surgical pavilion from a hospital outpatient department to a physician joint venture, according to a release.
"Our outpatient surgery pavilion is second to none in clinical quality, and we viewed this as an excellent opportunity to increase our level of integration with our physicians," said Stephen K. Jones, FACHE, president and CEO of Robert Wood Johnson University Hospital and Robert Wood Johnson Health System. "Patients benefit when doctors and hospitals share the common goal of continually improving the delivery of the Ambulatory Surgical Pavilion's clinical and operational quality."
The ambulatory surgical pavilion at RWJ opened in 2010 as a hospital outpatient department. The hospital approached Regent Surgical Health in 2011 to invite local surgeons to participate in the center as partners. Regent was chosen for its extensive joint venture experience and ownership model.
"Our model lets hospitals and physicians do what they do best, which is providing outstanding patient care," said Tom Mallon, Regent's founder and CEO. "As the management company, our job is to support the physicians and the hospital and make sure the center runs as efficiently as possible."
The ambulatory surgical pavilion is a state-of-the-art, 13,000-square-foot same-day surgery center featuring four operating rooms, one procedure room, a 10-bed PACU and a 13-bed pre- and post-operative area. The multi-specialty center offers general, gynecological, vascular, plastic, podiatric, pain management, endoscopic and orthopedic procedures.
Learn more about Regent Surgical Health.
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"Our outpatient surgery pavilion is second to none in clinical quality, and we viewed this as an excellent opportunity to increase our level of integration with our physicians," said Stephen K. Jones, FACHE, president and CEO of Robert Wood Johnson University Hospital and Robert Wood Johnson Health System. "Patients benefit when doctors and hospitals share the common goal of continually improving the delivery of the Ambulatory Surgical Pavilion's clinical and operational quality."
The ambulatory surgical pavilion at RWJ opened in 2010 as a hospital outpatient department. The hospital approached Regent Surgical Health in 2011 to invite local surgeons to participate in the center as partners. Regent was chosen for its extensive joint venture experience and ownership model.
"Our model lets hospitals and physicians do what they do best, which is providing outstanding patient care," said Tom Mallon, Regent's founder and CEO. "As the management company, our job is to support the physicians and the hospital and make sure the center runs as efficiently as possible."
The ambulatory surgical pavilion is a state-of-the-art, 13,000-square-foot same-day surgery center featuring four operating rooms, one procedure room, a 10-bed PACU and a 13-bed pre- and post-operative area. The multi-specialty center offers general, gynecological, vascular, plastic, podiatric, pain management, endoscopic and orthopedic procedures.
Learn more about Regent Surgical Health.
Related Articles on Transactions and Valuation:
Strategic Partnering for Surgery Centers: Thoughts From Jon Vick of ASCs Inc.
Memorial Sloan Kettering Submits CON Application for $322M Outpatient Surgery Center
Summit Health Names Pennsylvania Surgery Center After Dr. Roy Himelfarb