“As a strong, high-quality organization with significant expertise in chronic pain management, ProCare will add tremendous value to NAPA in furthering our goals and commitment to excellence in this area of care,” said NAPA CEO John Di Capua, MD.
Here are four things to know about the acquisition:
1. The acquisition bolsters NAPA’s continued growth in the Midwest, providing anesthesia and management services to healthcare facilities and practices within the region.
2. Under the deal, ProCare will focus on managing and growing chronic pain management practices throughout the U.S.
3. A physician-led organization, ProCare has more than 20 years experience in practice development, practice management and medical research. ProCare currently services three chronic pain management practices at 13 locations throughout Michigan.
4. NAPA currently manages 27 hospital and office-based chronic pain management facilities.
5. NAPA provides anesthesia and management services to 79 hospitals and over 50 ASCs in 10 states.
“After getting to know one another and coming to understand our respective visions for the industry, both sides recognized that we had a unique opportunity to scale ProCare’s value-based-care approach through NAPA’s national pain-management network,” said President and co-founder of ProCare Systems Fred N. Davis, MD.
More articles on hospital physician relationships:
Emergency medicine physician partnership organization launches in Nashville
Texas Medical Center sees increase in burglaries in parking lot
What’s causing the surge in 911 medical calls?
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit