News
Compass Surgical Partners Appoints Former Pinnacle III CEO as Chief Operating Officer
April 4, 2022 – Raleigh, NC – Compass Surgical Partners has appointed Robert Carrera to serve as its next Chief Operating Officer. As the nation’s high-performance joint and spine Ambulatory Surgery Center developer/manager, Compass tapped Carrera to deliver industry-leading performance and to continue to execute its mission to cultivate high-value partnerships that deliver exceptional surgical services to local communities.
Carrera brings over 30 years of healthcare experience and leadership, with the last 20+ focused exclusively on the ASC industry. In 2020 he concluded 15 years as President and CEO of Pinnacle III where he had oversite of the development and management of 40+ surgery centers primarily in the musculoskeletal (MSK) arena.
Compass to Address Increasing Healthcare Costs with Strategic Investment from Health Velocity Capital
Raleigh, NC // March 11, 2022 – Compass Surgical Partners (Compass), a full-service, independent developer and manager of ambulatory surgery centers (ASCs) announced a minority investment by Health Velocity Capital, a growth equity firm that invests exclusively in innovative healthcare services and software businesses. Concurrent with the financing, Marty Felsenthal, Health Velocity Capital Partner, joined Compass’ Board of Directors.
Ambulatory surgery centers (“ASCs”) are freestanding surgical facilities that serve as a convenient, low-cost, same-day-surgery surgery option for patients. Buoyed by clinical advancements allowing most surgeries to be provided safely in ASCs, the majority of surgeries have migrated into these centers.
Over the past few years, this trend has accelerated even faster with new technology, the adoption of safer and more effective techniques in anesthesia, and surgeons’ increased experience in non-hospital settings. COVID-19 both re-affirmed and accelerated the shift as ASCs become important tools to help alleviate hospital capacity. “Given the tailwinds in the market, we saw a window to further catalyze opportunities to develop high-quality ambulatory surgery centers with trusted partners,” said DJ Hill, CEO of Compass. “Our team has developed and managed more than 250 ambulatory surgery centers over the course of our careers, and we have high conviction that the outpatient migration is accelerating and that providers deserve dedicated, independent partners to deliver superior clinical and financial results. Partnering with Health Velocity Capital will benefit our joint ventures, as the firm has deep expertise in rapid innovation deployment and shares our belief in the importance of high-quality ASCs.”
First Spine Surgery Center of Excellence to Open in North Carolina’s Triangle
Raleigh Neurological Clinic and Compass Partner in Raleigh Neurosurgical and Spine Surgery Center
June 17, 2021 – Raleigh, N.C. – Raleigh Neurological Clinic (RNC) and Compass Surgical Partners form a partnership in the first spine-focused ASC in the Triangle, Raleigh Neurosurgical and Spine Surgery Center (RNSS).
Compass is honored to partner with RNC and its highly proficient spine surgeons that make up the practice. This new facility will be located at 5221 Six Forks Road and conveniently accessible from I-440. It will include one operating room and two procedure rooms for neurosurgery and pain procedures. RNSS will open in 2021, and Compass will serve as its operating partner.
