Compass Enters into Joint Venture with WakeMed and Community-Based Physicians

(October 1, 2011) – In less than a month after its September 2011 launch, Compass Surgical Partners was selected by WakeMed to take over the development and management of Capital City Surgery Center, a multispecialty ambulatory surgery center (ASC). The center — a joint venture between WakeMed, community physicians and Compass — is the largest ASC project on the East Coast in the last five years.

Designed as a joint venture model, the surgery center allows WakeMed and local physicians to strategically align on issues such as patient care and clinical quality. The Capital City Surgery Center is an anchor tenant for the 87,000 square foot WakeMed Raleigh Medical Park located near the corner of New Bern Ave. and Sunnybrook Rd., adjacent to WakeMed Raleigh Campus.