Deal with Not-for-Profit Hospital Marks 19th Hospital / Physician ASC Joint Venture for Surgery Center Management & Development Company Chicago, IL – (05/09/2013) – Regent Surgical Health, an industry-leading surgery center management and development company specializing in hospital / physician ASC joint ventures, and its physician partners at the Endosurgical Center of Central New Jersey, announced today a joint venture with Robert Wood Johnson University Hospital. The deal furthers Regent’s growth in the field of joint ventures with not-for-profit health systems. “Over the past several years, we have developed a specialization in helping esteemed not-for-profit hospitals craft partnerships with highly-skilled physicians, in a way that ensures both parties’ success,” says Regent CEO, Tom Mallon. “We have not-for-profit partners on both coasts that are thriving through our ASC joint venture partnerships.” With Regent’s recent partnership with the Endosurgical Center of Central New Jersey, the company now manages 25 surgical facilities in the United States and Europe. The partnership with Robert Wood Johnson University Hospital marks the company’s 19th physician-hospital ASC joint venture. Located in East New Brunswick, N.J., Endosurgical Center of Central NJ is a state-of-the-art, 6,800 square foot facility specializing in medical endoscopies. The center was founded in 2000. “We are excited about the undeniable benefits this partnership will bring for our patients and physician partners,” says Dr. Allan Plumser, board president at Endosurgical Center of Central NJ. “We know Robert Wood Johnson University Hospital, one of the best medical facilities in the country, shares our commitment to serving patients with the highest quality of care.” Robert Wood Johnson University Hospital is a 600-bed academic medical center in New Brunswick, N.J., and is rated among “America’s Best Hospitals” for 2013 by U.S. News & World Report. This is the second of Regent’s partner centers to create a joint venture with the hospital. The other is the Ambulatory Surgical Pavilion at Robert Wood Johnson, which Regent aided the hospital in transitioning from a hospital outpatient department to a physician joint venture. “We have had success in the past partnering with Regent to create joint ventures with surgery centers, and we expect similar results from our latest partnership,” says Brian M Reilly, senior vice president and chief financial officer of Robert Wood Johnson University Hospital. “Our new venture with Endosurgical Center of Central New Jersey will help us expand access to our facility and bring expert medical care to patients throughout our region.” About Robert Wood Johnson University Hospital Robert Wood Johnson University Hospital (RWJUH) is a 600-bed academic medical center which is the flagship Cancer Hospital of The Cancer Institute of New Jersey and the principal hospital of UMDNJ-Robert Wood Johnson Medical School in New Brunswick, NJ. Robert Wood Johnson is an innovative leader in advancing state-of-the-art care. Its Centers of Excellence include cardiovascular care from minimally invasive heart surgery to transplantation, cancer care, and women’s and children’s care including The Bristol-Myers Squibb Children’s Hospital at Robert Wood Johnson University Hospital (www.bmsch.org). The hospital is also a Level 1 Trauma Center and serves as a national resource in its ground-breaking approaches to emergency preparedness. The hospital has earned significant national recognition for clinical quality and patient safety. RWJUH ranks among the best hospitals in America, according to U.S.News & World Report’s 2012 ranking of “America’s Best Hospitals.” It is the sixth consecutive year that RWJUH has achieved this prestigious ranking. The Bristol-Myers Squibb Children’s Hospital is also ranked among the nation’s Best Children’s Hospitals by U.S.News & World Report. The American College of Surgeons’ Commission on Cancer has rated RWJUH among the nation’s best comprehensive cancer centers. The Leapfrog Group rated RWJUH as one of the 50 exceptional U.S. hospitals, as published in Consumers Digest magazine, and has given the hospital an “A” grade for safety and quality. Harvard University researchers, in a study commissioned by The Commonwealth Fund, identified RWJUH as one of the top 10 hospitals in the nation for clinical quality. RWJUH is also a four-time recipient of the prestigious Magnet Award for Nursing Excellence. Visit us online at www.rwjuh.edu. About Endosurgical Center of Central NJ The Endosurgical Center of Central NJ is a 6,800 square foot state-of-the-art ambulatory surgery center offering the highest quality of care with the most advanced medical technology and equipment. The Endosurgical Center of Central NJ offers fully equipped operating rooms, a recovery room, a post recovery room, and a spacious waiting room. The knowledgeable and professional staff at the Endosurgical Center of Central NJ includes highly trained physicians, registered nurses, and medical endoscopy technicians that provide patients with the care and expertise found within a hospital or medical center setting.
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