Covenant Surgical Partners Acquires De La Peña Eye Clinic to Advance Integrated Care Model

On July 1, VCBeat (WeChat ID: vcbeat) learned from foreign media that Covenant Surgical Partners announced the acquisition of De La Peña Eye Clinic, a Los Angeles-based ophthalmology practice. De La Peña is a medical group and one of the largest private eye care providers in Southern California. De La Peña Eye Clinic offers comprehensive optometric, refractive, and optical dispensing services.

This transaction further strengthens Covenant’s capabilities, bringing its total portfolio to seven ophthalmic surgery centers, eight fixed assets, and four related businesses. Through this deal, Covenant acquired the surgery center and clinic of De La Peña Eye Clinic. Covenant stated that it will continue to develop its integrated model, which is evolving to meet the changing needs of physicians.

“Covenant Surgical Partners CEO Lew Little said, ‘We are delighted and honored to partner with William De La Peña, MD, Dr. H.C., and the staff of De La Peña Eye Clinic. We are impressed by De La Peña’s unique model, innovative market approach, and the patient care and compassion demonstrated by De La Peña Eye Clinic. It is clear that our values are aligned.’”

De La Peña Eye Clinic adopts an integrated care model, which means it can provide patients with a higher level of care and a broader range of ophthalmic services. While general ophthalmology clinics focus on only one or two aspects of eye care, De La Peña Eye Clinic offers a variety of services, including eye protection, optometry, vision testing, and surgery. De La Peña Eye Clinic enables patients to receive diverse services and comprehensive treatment within the clinic, eliminating the need for referrals to other facilities.

Dr. William De La Peña will continue to be involved in the clinic’s management. De La Peña Eye Clinic comprises five clinics and one surgical center, with a team of nine ophthalmologists, seven optometrists, and more than 100 staff members, serving tens of thousands of patients and performing thousands of surgeries annually.

Dr. William De La Peña stated, “I am delighted to partner with Covenant. By leveraging our respective strengths, we will drive business growth while maintaining the quality of medical care and delivering patient-satisfying services. This transaction will enable De La Peña Eye Clinic to recruit more physicians, expand its service offerings, and further enhance its ophthalmic care capabilities.”

Currently, Covenant is evolving its partnership model to meet the changing needs of today’s physicians and deliver more personalized solutions. Its collaboration with De La Peña Eye Clinic marks a significant milestone, paving the way for additional comprehensive partnerships with high-quality physicians across the United States.

Covenant Surgical Partners, Inc., headquartered in Tennessee, is a privately held physician services company that owns and operates a variety of healthcare facilities, including ambulatory surgery centers, anesthesia companies, anatomic pathology laboratories, and physician practice management services. Founded in 2008, the company’s strategic objective is to become one of the most prominent physician services companies in the United States by partnering with leading physicians, particularly in the fields of gastroenterology and ophthalmology.

De La Peña Eye Clinic, established in 1984, is one of the largest providers of ophthalmic and optometric services in California. It was founded by Dr. William De La Peña and Dr. H.C., M.D. Dr. William De La Peña is an internationally renowned ophthalmologist and professor of ophthalmology who leads an excellent team of highly specialized physicians. De La Peña Eye Clinic is a multi-specialty, multilingual ophthalmic practice that has treated more than 400,000 patients and performed tens of thousands of surgeries over the years, becoming one of the leaders in cataract surgery in California. De La Peña Eye Clinic operates clinics in Montebello, Los Angeles, Huntington Park, Santa Ana, and Van Nuys.

(Compiled by Zhang Jing)