SightMD, a portfolio company of Chicago Pacific Founders, said March 22 that it is partnering with Peconic Ophthalmology. Financial terms weren’t announced. The deal adds one physician, Louis Pizzarello, M.D., and two locations in Riverhead and Southampton, New York, to SightMD.
HAUPPAUGE, N.Y. (PRWEB) MARCH 22, 2019
SightMD (or the “Company”), a leading multi-specialty ophthalmology platform and a portfolio company of Chicago Pacific Founders, today announced a strategic partnership with Peconic Ophthalmology (“Peconic”). The partnership adds one physician and two locations in Riverhead and Southampton to SightMD’s team of over 50 physicians and 28 convenient locations in New York.
Peconic is one of the Suffolk County’s preeminent providers of comprehensive ophthalmic care, including cataract and corneal surgery, glaucoma services, and treatment for conditions affecting the retina. Peconic’s founding physician, Louis Pizzarello, M.D., is a Suffolk County native who has practiced ophthalmology in the East End of Long Island for over 40 years. Dr. Pizzarello is the author of over 30 scientific papers on a wide range of vision-related topics, was recently named a “Top Doctor” by Castle Connolly for 2019, and served as President of the Medical Staff of Southampton Hospital. Dr. Pizzarello has received awards from the International Agency for the Prevention of Blindness, Helen Keller International, Southampton College, and the American Academy of Ophthalmology. He is also a Professor of Ophthalmology and Health Management at Columbia University.
“We’re excited to add Dr. Pizzarello and his team to the SightMD family,” said Jeffrey Martin, M.D., a Founder of SightMD. “Dr. Pizzarello’s clinical excellence and patient-first approach to ophthalmic care align well with SightMD’s mission and track record.” John Passarelli, a Founder of SightMD, added, “Providers like Dr. Pizzarello are why SightMD is the leading provider of comprehensive ophthalmic services in Suffolk County. We look forward to supporting Dr. Pizzarello and his team with our full-service management services organization to drive the highest-quality care to patients, referral sources and payers in the community.”
Dr. Pizzarello remarked, “there was not a shortage of options when I was evaluating the future of my practice. SightMD differentiated itself with its collaborative approach to partnership, suite of industry-leading management services, and talented group of like-minded physicians who deliver clinically-excellent care. I could not be more excited to join the SightMD family.”
Peconic Ophthalmology represents the fourth practice to join SightMD since the Company partnered with Chicago Pacific Founders in September 2018.
SightMD is a rapidly-growing integrated ophthalmic provider group, offering patients access to over 50 ophthalmic surgeons and specialists through the convenience of 28 locations spanning the east end of Long Island to Manhattan. SightMD’s track record of providing clinically-excellent care spans over 50 years, and its services include laser cataract surgery and lens implantation, glaucoma management, retinal disorder treatment, corneal services, neuro-ophthalmology, LASIK laser vision correction, oculoplastic surgery, pediatric ophthalmology, and audiology. SightMD provides its physicians with world-class management services, including a 24/7 call center, billing, credentialing, human resources and other services, enabling them to continue delivering best-in-class care to patients in SightMD’s community. SightMD is backed by Chicago Pacific Founders, a leading middle market private equity firm which focuses exclusively on partnerships with growing companies in the healthcare services sector. For more information about SightMD, please visit http://www.sightmd.com