PE-backed platform acquires Arizona Eye Institute — 3 insights

Private equity-backed EyeCare Partners acquired Sun City-based Arizona Eye Institute & Cosmetic Laser Center and its three locations and surgery center.

What you should know:

1. The partnership will grow ECP's presence in northwest Phoenix.

2. Emilio Justo, MD, formed and leads the practice, which has four other associates.

3. Physician Growth Partners advised Arizona Eye Institute during the process. Managing Partner Michael Kroin said the COVID-19 pandemic was an "unprecedented" backdrop.

He added, "We leaned on our deep experience within ophthalmology alongside our broader experience completing physician-oriented transactions with private equity groups which enabled us to secure an outsized outcome for Arizona Eye."

More articles on healthcare:
Top-paying jobs in 2020 — Surgeons are No. 1
The state of ASCs in June 2020: 10 observations on supply chain, payers, staffing & future growth
Optum leads $26M funding round for digital therapeutics startup

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers