PE groups merge Chicago-area practices to form investment platform — 3 insights

Private equity firms MoonSail Capital and Plenary Partners partnered with Chicago Eye Institute and Arbor Centers for EyeCare, forming a Chicago-area investment platform called Ocular Partners.

Advertisement

What you should know:

1. MoonSail and Plenary are funding Ocular Partners, which will invest in ophthalmic practices throughout the Midwest. Muzinich & Co. also invested in the platform.

2. Chicago Eye Institute co-founder Osvaldo Lopez, MD, will serve as Ocular’s chairman, and Orland Park, Ill.-based Arbor’s President Chris Albanis, MD, will serve as the platform’s founding CEO.

3. The platform has more than 20 providers and nine clinical locations. Last year, the combined practices executed 125,000 service encounters.

“My partners and I are excited to come together with MoonSail, Plenary and our distinguished colleagues at Arbor to lead the nation’s premier ophthalmic services platform,” Dr. Lopez said.

More articles on surgery centers: 
Physician practice M&A activity declined in Q4 — 3 insights
Medical building with surgery center gets 7 new, renewal leases — 5 insights
Nevada city drops ASC building acquisition to let health system buy it

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Unlocking Structural Heart Capacity: How Leading Programs Use EMR and Data to Improve Patient Flow and Throughput

Wednesday, August 19
11:00 AM - 12:00 PM CDT

Presenters: Katie Kennedy, MSN, APRN, NP-C, Community Heart and VascularMisty Theriot, BSN, RN, CPHQ, FACC, Lake Charles Memorial Health SystemKatie Worthington, DNP, RN, Atlantic Health SystemTaryn Shipley, MBA, CSSBB, Lean HealthTech

Advertisement

Next Up in Ophthalmology

Advertisement

Comments are closed.