Heart & Vascular Partners Announces Strategic Partnership with St. Louis Heart & Vascular
Heart & Vascular Partners LLC (HVP) is pleased to announce its new partnership with St. Louis Heart & Vascular (SLHV), the leading independent cardiovascular provider in the St. Louis area. HVP will provide scalable and focused operational support for SLHV while investing to expand SLHV’s care coverage through new locations and the targeted addition of providers to increase sub-specialty coverage and depth.
SLHV has been the established leader in cardiovascular care in St. Louis for over 30 years and today has 14 physician partners serving across five locations. SLHV built and owns one of the few independent ASC/OBL facilities dedicated to cardiovascular procedures in the region and offers a full complement of clinical services, including general, interventional, electrophysiological, and diagnostic offerings. More information on the practice, its offerings, and locations can be found at St. Louis Heart and Vascular: Heart Doctors & Cardiologist (slhv.com).
“We are thrilled to take this step for our team and our patients,” shared SLHV’s founder, Dr. Harvey Serota. “With HVP we have found experienced partners who can help us refine and execute on several strategies to increase the impact SLHV has in our communities. There is a lot of good work to do together, and we look forward to it.”
“SLHV fits very well with our practice partnership approach and brings HVP into an attractive market filled with opportunity,” said Bill Drehkoff, CEO of HVP. “There is potential both for short term gains from the existing footprint and service offerings as well as a platform for increasing access into surrounding geographies.”
“We have known and admired the provider team at SLVH for years,” shared HVP COO Peter Burd. “As one of the early innovators in providing outpatient cardiovascular services, SLHV physicians have established a strong position as the leading independent platform in the St. Louis community. We look forward to optimizing and growing from that position.”
About HVP
Heart & Vascular Partners LLC, headquartered in Deerfield, IL, is currently partnered with several leading cardiology practices across the country, including partnerships in the Midwest, Southwest, and Mountain West regions. To learn more about HVP, visit www.HeartandVascularPartners.com.
HVP is backed by Assured Healthcare Partners (AHP), a leading New York-based healthcare-dedicated private equity sponsor that provides capital solutions and operational resources to support the growth of physician practices. To learn more about AHP, visit www.AHPartners.com.
SLHV was advised by Merritt Healthcare Advisors and provided legal advice by Epstein Becker Green. HVP and AHP were provided legal advice by McGuireWoods LLP.