WALTHAM, Mass—Fresenius Medical Care’s subsidiary U.S. Vascular Access Holdings has acquired Rosemont, Pa.-based National Vascular Care Inc.
Terms of the deal were not disclosed.
National Vascular Care provides vascular services and works in partnership with vascular surgeons, nephrologists, interventional radiologists and cardiologists throughout the United States to develop, own and manage specialty outpatient surgery centers.
The combined companies will operate under the name Fresenius Vascular Care and provide services to twelve vascular access centers and more than 15 physician practices. Ronald Rodgers, co-founder, CEO and Chairman of National Vascular Care will serve as president of Fresenius Vascular Care.
“As one of the largest and most successful operators of vascular access surgery centers in the U.S., National Vascular Care has a demonstrated track record of operational and clinical excellence. We are delighted to have the opportunity to partner with Ron Rodgers and his team, and expect that the synergy of our new organization will position our company to contribute to improved patient outcomes and reduced costs to healthcare insurers,” said William Valle, senior vice president of Fresenius Medical Care.
“We believe that the system’s demand for efficiency will continue driving the shift in these types of procedures from hospital settings to outpatient surgery centers, delivering the corresponding benefits of ease of use for physicians combined with a lower overall cost for payers,” Valle added. “We believe that the model of partnering with leading physicians to provide superior patient outcomes will allow Fresenius Vascular Care to grow at an attractive rate. This is a significant milestone in our effort to expand our services to more physicians and access centers across the country."
