Robert Wood Johnson University Hospital Partners with Regent Surgical Health to Convert Outpatient Surgery Operations to Physician Joint Venture

(New Brunswick, NJ) Jan. 23, 2012– Robert Wood Johnson University Hospital (RWJUH) announced today it is partnering with Regent Surgical Health to convert the Ambulatory Surgical Pavilion at RWJ from a Hospital Outpatient Department (HOPD) to a Physician Joint Venture.

“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 Paul Storiale, Senior Vice President and Chief Financial Officer at Robert Wood Johnson University Hospital. “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 HOPD. In 2011, RWJUH approached Regent Surgical Health 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.”

“This is a unique opportunity for leading surgeons in the community to partner with a nationally distinguished academic medical center – it’s a win-win situation for all involved,” adds Paul Abend, D.O., Chairman of the Ambulatory Surgical Pavilion’s Board. “Through our combined talent and resources, we are confident that patients who come to our center will receive exceptional care.”

The Ambulatory Surgical Pavilion at RWJ is a state-of-the-art, 13,000-square-foot same-day surgery center located on the fourth floor of RWJUH’s Plum Street facility in New Brunswick. The Ambulatory Surgical Pavilion features four operating rooms, one procedure room, a 10-bed post-anesthesia care unit as well as a 13-bed pre- and post-operative area. The multispecialty center offers general, gynecological, vascular, plastic, podiatric and retina-vitreous surgery, as well as pain management, endoscopy and orthopedic procedures.

For information about physician partnerships with the Ambulatory Surgical Pavilion at RWJ, please call Bo Hjorth, Vice President, Regent Surgical Health at 1-615-477-9668.

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About Robert Wood Johnson University Hospital

Robert Wood Johnson University Hospital (RWJUH) is a 600-bed academic medical center and the principal teaching 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. RWJUH is the first hospital in the nation to implant the AbioCor self-contained artificial heart since the device received FDA approval in 2006. RWJUH is one of only three sites in the nation approved to offer this groundbreaking technology. 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 2011 ranking of “America’s Best Hospitals.” It is the fifth consecutive year that RWJUH has achieved this prestigious ranking. 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. 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 Regent Surgical Health

Regent Surgical Health is among the nation’s leading a surgery center management and development companies, and the most experienced company offering physician/hospital 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 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 our web site at www.regentsurgicalhealth.com .

Kristen Allen
kma@ccopartners.com
312.961.4745

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