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Regent Surgical Health and St. Francis Hospital Announce Joint Venture
East Hills Surgery Center designed to treat complex cases including total joint replacement
"Driven largely by value-based care, the move of appropriate cases to outpatient surgery centers is playing a more significant role in the healthcare model of the future," said Ruth E. Hennessey, EVP & Chief Administrative Officer of St. Francis Hospital. "This is an example of our commitment to stay ahead of trends in healthcare, bringing lower costs and better outcomes to patients."
East Hills Surgery Center is a 15,000-square-
"We selected Regent based on their reputation and their experience developing and executing ambulatory strategies that benefit the hospital and physicians, but most importantly, the patients," said Dr. Peter Stein, Board President and physician partner. "Regent has deep experience aligning the interests of all parties and we're looking forward to a long and successful partnership. "
"Our partners at East Hills Surgery Center are dedicated to enhancing quality, increasing convenience, improving the patient experience, and lowering costs," said Robert Ryan, Chief Operating Officer at Regent Surgical Health. "A robust ambulatory platform is no longer optional. Hospitals like St. Francis Hospital are at the forefront and as a result, they are well positioned to embrace the risk and realize the opportunities ambulatory care platforms offer."
Regent Surgical Health owns or operates 23 U.S. surgical facilities, 18 hospital joint ventures, and nine total joint replacement centers.
About Regent Surgical Health
Regent Surgical Health is among the nation's leading surgery center management and development companies, and the most experienced company offering physician/hospital ASC joint venture partnerships. Regent has an unmatched record for delivering sustainable profitability while enabling physician partners to maintain clinical autonomy and financial control. The company invests capital side-by-side with hospital and physician partners, and firmly believes the by-product of excellent care and efficiency is financial success. To learn more about Regent Surgical Health and other physician/hospital alliance opportunities, visit www.regentsurgicalhealth.com.