Press release content from Business Wire. The AP news staff was not involved in its creation.
Related topics

Renaissance Physicians Partners Launches Initiative to Acquire Independent Houston Providers

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
January 12, 2023 GMT

HOUSTON--(BUSINESS WIRE)--Jan 12, 2023--

Renaissance Physicians Partners (RPP), a physician-led organization, announced today that it plans to acquire independent physician practices and offer them a unique way to maintain their autonomy while providing financial stability and increasing provider satisfaction. With the support of Capital Group for Better Health, RPP will acquire physician practices and provide administrative and operational support, and assist in optimizing workflows and systems based on provider experience.

Physician practices are facing increasing pressures due to staffing shortages, rapid business transformation within the industry, increased administrative burdens and more - resulting in many providers considering leaving medicine or selling their medical practices. To help providers and ensure the Houston community retains high-quality health care, RPP’s physician-led approach will offer an alternate option to help alleviate the burdens of managing the business and allow providers to keep their efforts focused on more fulfilling activities like patient care.

“Our primary focus is to help physicians continue to provide excellent care for residents in the Houston area while operating a financially stable business,” said Kevin Horn, MD, chairman of RPP. “We know doctors today are facing numerous stressors with labor, business model changes and simply running their organization. RPP empowers providers to find the joy of practicing medicine again.”

RPP-owned practices will receive administrative and operational support, including population health services, contracting with third-party payers, financial and accounting services and more. As a physician-led organization, RPP will bring the physician’s perspective and voice to all decision-making, streamlining operations and avoiding unnecessary operational and workflow changes that can contribute to additional burnout.

Practices owned by RPP will have the opportunity to participate in payer contracts through Renaissance Physicians Organization network, which has a collective network of 1,400 primary care physicians and specialists who are serving the needs of approximately 45,000 patients in Houston.

About Renaissance Physicians Partners: Renaissance Physicians Partners is a physician-led organization focused on supporting independent physicians in the Houston area. It is affiliated with Renaissance Physicians Organization which for over 20 years has been dedicated to providing patients with a stronger doctor-patient relationship, one that includes coordinated, preventive care that helps to keep patients healthier. With a unique, team-oriented approach, providers strive to deliver the best possible health outcomes while keeping care affordable for patients. If you’re looking to get involved or would like more information, please visit www.myrpo.com/rpp-inquiry.

About Capital Group for Better Health: Capital Group for Better Health is a joint venture between CareAllies and Renaissance Physicians Organization focused on improving quality patient outcomes and supporting providers. Capital Group for Better Health will provide financial support to Renaissance Physicians Partners, enabling provider organizations to be acquired by a physician-led organization that understands the unique nuances of practicing medicine.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230112005175/en/

CONTACT: Ayesha Jamil

ajamil@mergeworld.com

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: HEALTH HOSPITALS PRACTICE MANAGEMENT OTHER HEALTH MANAGED CARE GENERAL HEALTH

SOURCE: Renaissance Physicians Partners

Copyright Business Wire 2023.

PUB: 01/12/2023 08:17 AM/DISC: 01/12/2023 08:18 AM

http://www.businesswire.com/news/home/20230112005175/en