NueHealth Joint Venture Acquires Blue Bell Surgery Center
NueHealth, in partnership with Rothman Institute, Jefferson Health, and 14 individual multi-specialty physicians, has acquired the Blue Bell Surgery Center in Plymouth Meeting, Pennsylvania. The new Jefferson Surgery Center -Blue Bell is expected to open in Q3 2018. NueHealth will assume the day-to-day management of the facility and the new tenant took over facility lease payments on May 1, 2018.
“We are excited to add Jefferson Surgery Center – Blue Bell to our portfolio of partnered facilities with Jefferson Health and Rothman Institute,” said Daniel R. Tasset, CEO of NueHealth Performance and Executive Vice Chairman of NueHealth Holdings, LLC. “I am very proud of this acquisition and looking forward to a fast reopening of the facility soon.”
The former Blue Bell Surgery Center was founded ten years ago by a group of independent physicians, but for the past five years was owned and managed by a third-party health system operator. This reorganization will put ownership of the surgery center back in the hands of physician owners, while also providing a lower cost site of service. The new operations plan calls for full usage of the ambulatory surgery center’s four operating rooms, as well as expanding the facility’s physical space to add clinical facilities and provide options for future growth.
“This new facility further bolsters our relationship with the people of Blue Bell and the surrounding communities,” said Alexander R. Vaccaro, MD, PhD, MBA, President of Rothman Institute, Richard H. Rothman Professor and Chairman of the Department of Orthopaedics, and Professor of Neurosurgery at Thomas Jefferson University and Jefferson Health. “Coupled with our new Blue Bell clinical office, the surgery center will provide our patients with another innovative, convenient way to receive superior orthopedic care. We look forward to a successful integration.”
Historically, Blue Bell Surgery Center treated approximately 2,000 patients per year. Under NueHealth’s management and the new ownership, Jefferson Surgery Center – Blue Bell is expected to treat 4,000 cases per year. The increased case volume will result from more efficient use of the space and the addition of even more physicians.
Blue Bell’s physician owners seized the opportunity to partner with NueHealth, Rothman Institute and Jefferson Health System. “As an original founder, I’m very excited to be a part of the revitalization of the Blue Bell Surgery Center,” said orthopedic surgeon Timothy Amann, D.O., one of the original founders and the Medical Director of Blue Bell Surgery Center. “With the physicians’ commitment to the facility and the patients that it serves, along with NueHealth’s management expertise, this facility is sure to be a multi-specialty center of excellence.”