Compass Surgical Partners and Local Surgeons Sell Majority Interest of Advanced Center for Surgery to United Surgical Partners International
Raleigh, N.C. and Vero Beach, Fla. May 13, 2019 – Compass Surgical Partners and local surgeons have sold a majority stake of The Advanced Center for Surgery (ACS) to United Surgical Partners International (USPI).
ACS is a partnership between Compass and community physicians in Vero Beach, including many of the physicians of Vero Orthopaedics & Neurology. The physicians, in conjunction with the expertise of the Compass team, made the Advanced Center for Surgery a high-quality musculoskeletal surgical option for residents of Vero Beach and Indian River County.
In 2016, Compass partnered with the physicians to help create a practice-based surgery center solution. Ultimately, Compass identified an existing surgery center and led the purchase of 100% of the existing facility’s assets to convert it into an ASC solution for Vero Orthopedics. The approach allowed the physicians to minimize capital outlay and accelerate the process to jump start the surgery center. Since opening, ACS has seen more than 5,000 patients, implemented both a spine and total joint replacement surgery program, and grown the partnership. Sean Rambo, COO & President of Compass Surgical Partners shared, “Our mission is straightforward: create high value partnerships that deliver superior surgical care while improving health care access in each local community. We are proud to have achieved all three of our goals in this partnership.” The physicians now have a fully aligned surgery center strategy and a facility that is well positioned for the expected growth of its patient population.
About Compass Surgical Partners
Headquartered in Raleigh, N.C., Compass Surgical Partners manages and develops Ambulatory Surgery Centers (ASCs). Compass is dedicated to supporting a growing demand from patients for additional options for outpatient surgery traditionally performed in the hospital setting, such as total joint replacement.