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COVENANT SURGICAL PARTNERS ANNOUNCES PARTNERSHIP WITH DE LA PEÑA EYE CLINIC

Partnership represents the expansion of a new integrated model for growth; strengthens portfolio in Southern California region

NASHVILLE, Tenn., and LOS ANGELES – July 1, 2019 – Covenant Surgical Partners today announced a partnership with Los Angeles-based De La Peña Eye Clinic , A Medical Group, Inc., one of the largest private eye care practices in Southern California. De La Peña Eye Clinic offers a full spectrum of ophthalmologic, optometric and optical services.

For Covenant, this partnership further strengthens the company’s national vision portfolio, bringing its total count to seven eye surgery centers and four practices with eight locations.  Because the partnership includes both the surgery center and clinics of De La Peña Eye Clinic, it reflects Covenant’s integrated model for future growth, which is evolving to meet the changing needs of physicians.

“We are delighted and honored to partner with Founder Dr. William De La Peña, M.D., Dr.h.c., and the talented staff at De La Peña Eye Clinic,” said Lew Little, CEO of Covenant Surgical Partners. “We are impressed with its comprehensive model, innovative approach to the market and the genuine care with which De La Peña providers practice and serve patients. It is clear that our values align.”

De La Peña Eye Clinic operates an integrated practice model, which means it can provide a higher level of care and access to a broader array of eye care services for patients. Whereas typical eye care clinics only focus on one or two elements of eye care, De La Peña Eye Clinic offers multiple services, including ophthalmology, optometry, optical and surgical capabilities, among others, under one roof. The model allows patients to stay within the practice for additional referral or treatment, rather than seek care elsewhere.

“I am very excited to partner with Covenant,” said Dr. De La Peña. “The strength that both parties bring to the table will result in a platform for growth and increased access while maintaining quality, friendly care in our community.”

Dr. William De La Peña, who has deep roots in the community, will remain involved in the future of the clinic. De La Peña Eye Clinic consists of five clinics and one surgery center. The full practice is inclusive of nine ophthalmologists (including Dr. De La Peña), seven optometrists and over 100 employees serving tens of thousands of patients and performing thousands of surgeries annually.

The Covenant partnership will empower De La Peña Eye Clinic’s ability to grow, recruit more physicians, increase access for patients, add services to those already offered, access capital investments, and further advance quality eye care.

Covenant is a growing company that is evolving its partnership model to meet the changing needs of today’s physician and offer a more integrated solution. Its partnership with De La Peña Eye Clinic is an important milestone, builds on an already strong southern California presence and will be followed by additional integrated partnerships with quality physicians across the country.

 

About Covenant Surgical Partners

Based in Nashville, Tenn., Covenant Surgical Partners, Inc. is a privately-held physician services company that owns and operates a variety of healthcare facilities including ambulatory surgery centers (“ASCs”), anesthesia companies, anatomic pathology labs, and physician practices.

The company was founded in 2008 with the strategic objective to become one of the foremost physician services companies in the U.S. by partnering with leading physicians, particularly in the areas of gastroenterology and ophthalmology.

About De La Peña Eye Clinic

Founded in 1984, De La Peña Eye Clinic is one of California’s largest providers of ophthalmic and optometric care. It was founded by The Honorable William De La Peña, M.D., Dr.h.c., an internationally renowned ophthalmologist and Professor of Ophthalmology, who leads a wonderful staff and group of highly specialized doctors. A multi-specialty, multi-lingual practice, De La Peña Eye Clinic has treated more than 400,000 patients over the years, and has performed tens of thousands of surgeries, becoming one of the leading cataract surgery practices in the State. De La Peña Eye Clinic has clinics in Montebello, Los Angeles, Huntington Park, Santa Ana and Van Nuys.