DEERFIELD, Ill., Aug. 31, 2016 -- Surgical Care Affiliates, Inc. (NASDAQ:SCAI) (“SCA”), a leader in the outpatient surgery industry, and Virtua Health (“Virtua”), one of New Jersey’s largest health systems, have been chosen to partner with Bergen-Passaic Cataract Laser and Surgery Center (“BPSC”). This investment expands the SCA and Virtua partnership in New Jersey to nine surgery centers, and 20 collectively between the two organizations.
“We are excited that the physician partners of BPSC chose to partner with SCA and Virtua, and we are thrilled to further advance SCA’s partnership with Virtua,” said Jack Pocorobba, vice president of operations for SCA. “SCA continues to seek out opportunities to make strategic investments that will enhance our alignment with the best physicians in New Jersey, and this transaction clearly moves us in that direction.”
“Virtua is very pleased to partner with a reputable center that includes physician partners committed to providing the highest quality services, as is evident at BPSC,” said Richard Miller, president and CEO Virtua. “Partnerships between organizations that offer outstanding care to patients provide an easy choice for health and wellness services to the people in the communities we serve across the state of New Jersey.”
“Our organization is delighted to become partners with SCA and Virtua,” said Dr. Michael Harris, president and physician partner at BPSC. “The addition of SCA and Virtua to our partnership strengthens our ability to continue to provide high quality outpatient surgery to our patients. SCA and Virtua’s demonstrated success in partnering with physicians will be critical to the future growth of our partnership as we navigate the ongoing changes in our health care system.”
About Bergen-Passaic Cataract Laser and Surgery Center
BPSC is an ophthalmic focused facility devoted to serving the surgical needs of over 6,000 patients annually in a high-quality, convenient, and low-cost setting. The facility is located in Fair Lawn, New Jersey and consists of 24 physician partners. It is now jointly owned by SCA, Virtua, and physician investors.
About Surgical Care Affiliates
SCA (NASDAQ:SCAI), a leader in the outpatient surgery industry, strategically partners with health plans, medical groups and health systems across the country to develop and optimize surgical facilities. As of June 30, 2016, SCA operated 201 surgical facilities, including ambulatory surgery centers and surgical hospitals, in partnership with approximately 3,000 physicians. For more information on SCA, visit www.scasurgery.com.
About Virtua
As one of New Jersey’s largest health systems, Virtua provides comprehensive health care services to achieve its mission to help people be well, get well and stay well. Virtua provides services through Virtua Medical Group with 302 employed physicians and another 300+ independent physician partners and other clinicians, and at its urgent care centers, hospitals, ambulatory surgery centers, health and wellness centers, fitness centers, home health services, long-term care and rehabilitation centers, and paramedic program. For more information, visit www.virtua.org or www.virtuabroadcastnetwork.org.
Press Contact: Alison Donnelly Director, External Communications Surgical Care Affiliates (847) 420-3822 alison.donnelly@scasurgery.com
