ValueHealth® LLC, the nationally recognized leader in Ambulatory Centers of Excellence (ACE)™, announces that joint-venture partner Penn State Health has become a part owner in the Surgery Center of Lancaster.
The Surgery Center of Lancaster is ValueHealth’s first project with Penn State Health since announcing a strategic joint venture to develop a high-performance surgical network. The new ownership group, including 17 surgeons who will maintain ownership stake, aims to accelerate the growth of the center’s service offerings and further expand access to value-based surgical care in the region.
ValueHealth has a long-time, trusted presence in the Mid-Atlantic region with numerous health system, provider, independent ambulatory surgery center (ASC), payor and employer partnerships. ValueHealth recently acquired the Surgery Center of Lancaster to improve its digital operations and introduce a unique surgical platform designed to reduce variations in surgical care outcomes, experience and cost.
“The new partnership among Penn State Health, the Surgery Center of Lancaster and ValueHealth is founded on a shared commitment to innovation and value-based surgical offerings,” says ValueHealth CEO, Don Bisbee. “It’s gratifying to be fulfilling this commitment to central Pennsylvania communities by launching our joint ASC network in Lancaster County.”
The Surgery Center of Lancaster will continue to offer multi-specialty surgical services including orthopedics, ear, nose and throat (ENT), ophthalmology and pain management within its five state-of-the-art operating rooms.
“Our partnership with ValueHealth is part of Penn State Health’s broader strategy to find the best possible sites where we can provide the appropriate level of care at the right cost,” says Penn State Health Executive Vice President, Chief of Strategy & Transformation, Tom Stoessel. “Joining the partnership with Surgery Center of Lancaster is an important example of our focus on strengthening our collaboration and delivering on our promise to patients and providers in south central Pennsylvania.”