WakeMed and Surgical Care Affiliates Enter into Venture for Ambulatory Surgery
RALEIGH, N.C. (October 29, 2009) – WakeMed Health & Hospitals and Surgical Care Affiliates (SCA) have entered into a Letter of Understanding (LOU) under which the two organizations will explore partnership opportunities.
These opportunities may include WakeMed becoming a majority partner in the entity that operates Blue Ridge Surgery Center with SCA continuing to manage the operations. SCA may be engaged to manage the daily operations of WakeMed’s outpatient surgery locations. The two organizations also will evaluate the option of working together to grow existing outpatient surgery offerings and develop new projects. The organizations expect to execute definitive agreements by the end of February 2010.
“WakeMed excels at running large inpatient surgery programs, and Surgical Care Affiliates has extensive knowledge of outpatient surgery businesses. We are exploring this partnership to share our specialized expertise in different surgery environments,” commented Dr. Bill Atkinson, WakeMed president and CEO. “Increasingly, new technology and advanced procedures are enabling more surgeries to be completed in an outpatient setting. The outpatient surgery model enhances access and convenience for our patients. We are pleased to be working with the physician partners and SCA on this potential ambulatory care venture in Wake County.”
Andrew Hayek, President and CEO of SCA, said, “We are excited about the opportunity to partner with this extraordinary health care system to provide quality, efficient healthcare in the Raleigh community. Together with our physician partners, we can make a tremendous positive impact on the patient experience.”
WakeMed currently offers outpatient surgery at three locations including WakeMed North Healthplex, WakeMed Cary Hospital and WakeMed Raleigh Campus. In fiscal year 2009 WakeMed completed 28,053 outpatient surgery procedures. SCA through its partnership with 38 surgeons at the Blue Ridge Surgery Center performed 8,500 outpatient procedures in the last 12 months.
About WakeMed Health & Hospitals
WakeMed Health & Hospitals, one of the first hospital systems in the country, is a private, not-for-profit health care organization based in Raleigh, N.C. The 870-bed system comprises a network of health care facilities throughout Wake and Johnston Counties, including: a Level I Trauma Center and tertiary referral hospital and rehabilitation hospital in Raleigh, a community hospital in Cary, comprehensive outpatient centers and freestanding emergency departments in North Raleigh and Apex, seven outpatient rehabilitation sites, two skilled-nursing and outpatient facilities, a 100+-physician multispecialty practice, and home health services. The system includes accredited Chest Pain Centers and Joint Commission-certified Stroke Centers. Throughout the system, there are an additional 60 beds under construction and 41 newly approved by the state. WakeMed also provides management services for Betsy Johnson Regional Hospital in Dunn, NC. Centers of excellence include cardiac and vascular care, women’s and children’s services, physical rehab, emergency and trauma, orthopaedics, neurosciences, home care and numerous wellness and community outreach programs. WakeMed’s team of 7,000 nurses, technologists and medical support staff and more than 1,000 affiliated physicians serve the residents of North Carolina using the most advanced technologies and facilities to ensure the finest in health care.
About Surgical Care Affiliates
Surgical Care Affiliates is committed to being the partner of choice for physicians, hospitals, and health systems in delivering high quality surgical services. SCA’s centers operate with outstanding clinical outcomes and patient satisfaction. SCA operates 129 ambulatory surgery centers and surgical hospitals across the country with approximately 4,000 full time teammates and approximately 2,000 physician partners across the country. For more information on SCA, visit www.scasurgery.com.