PARSIPPANY, N.J., Sept. 17, 2018 /PRNewswire-PRWeb/ -- Lifeline Medical Associates (Lifeline) announced its alignment
The partnership between Lifeline and Unified is founded upon their aligned missions and their shared vision to improve the quality of care for women.
"I am so excited by the endless opportunities to improve the quality and affordability of care to women while bringing great prosperity to our hardworking doctors and staff," said Dr. Jack Feltz, President and CEO of Lifeline Medical Associates. "Our partnership with Unified will provide the necessary capital, support and expertise to fulfill our shared mission. Working with and learning from the many high-quality physician groups across the country who have also partnered with Unified is the icing on the cake."
With Unified's support and resources as the nation's largest Ob-Gyn physician practice management organization, Lifeline can continue its model of value-based, physician-led care.
"Unified is rapidly expanding its lead in the healthcare industry as the nation's largest Ob-Gyn physician practice management organization as well as being a thought leader in women's health," said Bob LaGalia, President and CEO of Unified. "Managing toward value-based compensation models requires deep knowledge and infrastructure that few if any practices possess today. Independent physician groups look to Unified to accelerate their participation in the future value-based medical environment and provide their practices with the support they need so that they can concentrate on clinical care delivery and providing value to patients and payors alike."
Unified bolsters local autonomy and decision making for the Lifeline group practice, while also providing wholehearted support for the practice administration.
"With Unified's support, our Lifeline employees have the added security and strength to proactively manage each practice efficiently and effectively," said Karen Ryer, Chief Operating Officer of Lifeline. "Operating a medical practice today is highly complex, but with Lifeline and Unified working together, we will not only sustain but grow."
Lifeline and Unified have already started the implementation process to leverage the newly formed relationship's purpose and long-term strategy. Lifeline looks forward to staying ahead of the women's healthcare curve, and remaining focused on its highest priority, which is delivering the best patient care.
About Lifeline Medical Associates
Lifeline Medical Associates is a widely respected group of Ob-Gyn practices with more than 150 providers in 44 practice locations across 13 counties in New Jersey. The healthcare professionals across Lifeline are highly regarded in their fields, focusing on the unique needs of women, offering many additional specialty services in support of women throughout their lives. Founded in 1997, Lifeline grew from 32 providers to the vibrant, successful company it is today. Continually on the cutting edge of women's healthcare, Lifeline trains it teams in the latest innovations and advancements in healthcare supported by evidence-based medicine. For more information about Lifeline Medical Associates, please visit: https://lma-llc.com .
About Unified Physician Management
Unified is an Ob-Gyn physician practice organization providing more than 1,500 independent Ob-Gyn providers with strategic, operational and financial support for substantially greater growth and opportunity. Unified is backed by funds managed by the Private Equity Group at Ares Management, L.P., a publicly traded, leading global alternative asset manager with approximately $121 billion of assets under management as of June 30, 2018. Unified operates in eight states and the District of Columbia, including Florida, Georgia, Maryland, North Carolina, Texas, Virginia, Washington, and now New Jersey. For more information about Unified, visit: http://www.unifiedhc.com .
Chris Cooney The WilMark Group 407-921-6932 firstname.lastname@example.org
Dr. Jack FeltzPresidentLifeline Medical Associates973-316-6760
SOURCE Lifeline Medical Associates
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