National Cardiovascular Partners Acquires Phoenix-Area Practices
April 8, 2019—National Cardiovascular Partners, LP (NCP) announced a majority-interest acquisition in two enterprises offering cardiac care, ambulatory surgery, and catheterization lab services. NCP, which is a nationwide developer, manager, and operator of outpatient cardiovascular facilities, acquired the Arizona Cardiovascular Institute & the Center for Cardiovascular Research and Education (ACI/CCRE) and Cardiovascular Consultants, Ltd. (CVC), a cardiovascular practice group. Both ACI/CCRE and CVC are located in Phoenix, Arizona.
As part of the agreement, NCP will assume the daily management and operations of ACI/CCRE, including credentialing and administrative and billing functions. Treatments ACI/CCRE will become part of the NCP network of 24 outpatient centers throughout the United States.
NCP advised that ACI/CCRE’s physicians and medical staff specialize in treating all types of cardiovascular disease, including pacemaker and defibrillator implantation/generator changes, cardiac catheterizations, peripheral interventions, and varicose vein procedures. CVC has nine locations with 25 physicians and 200 staff members, and its physicians and medical staff cover the spectrum of cardiac services.
Kishlay Anand, MD, one of four physician partners at ACI/CCRE, commented in the announcement, “Joining the NCP team is of great value to us and provides the opportunity to better service our patients and community. Our mission has always been to provide value to our patients by offering high-quality and convenient outpatient care, and NCP not only shares this vision, but will help us elevate our services by allowing us to focus solely on operational excellence and ensuring the very best clinical outcomes.”
Andrei Damian, MD, Founder, President, and CEO of CVC, stated, “We are pleased to become part of the NCP team. As our health care landscape continues to evolve, it is essential that medical practices provide patients with the highest quality, most convenient, and efficient cardiovascular care available. We are happy to join forces with a partner who shares our vision and commitment to clinical excellence and patient satisfaction.”
Brian Gauger, President and CEO of NCP, added, “We welcome ACI/CCRE and CVC to our family of high-quality cardiology centers. We are dedicated to supporting our physician partners so that they can focus 100% of their energy and effort on providing the very best and most clinically advanced care to their patients.”