BUSINESS: Private Equity Retina Consultants of America Continues Growth by Adding Pacific Northwest Retina By Staff Thursday, November 18, 2021 12:24 AM SOUTHLAKE, Texas—Retina Consultants of America (RCA), a comprehensive physician management services organization, has added Pacific Northwest Retina (PNR) to its national consortium. PNR is the 18th practice to join RCA and has a state-of-the-art surgery center in Bellevue, Wash. As the premier retina specialist in the Northwest, the practice provides medical and surgical treatments of retina, macula and vitreous conditions, according to RCA’s announcement on Wednesday. The terms of the transaction were not disclosed, the announcement said.Pacific Northwest Retina was known as Proliance Retina until changing its name in September 2021 when it returned to its position as an independent retina medicine and surgery practice, according to its website. The 10 board-certified physicians of PNR serve patients across seven locations in the greater Seattle area. PNR’s locations include Bellevue, Bellingham, Burlington, Ellensburg, Kent Station, Mountain Lake and Seattle. The practice was originally incorporated in December 2005 by Dr. Craig Wells and Dr. Robert Nash, and their clinical offices were located on the Swedish Hospital campus in Seattle, the announcement noted. “We are the largest retina group practice in the Pacific Northwest,” said David Saperstein, MD, of Pacific Northwest Retina. “The relationship with RCA provides a unique opportunity to closely collaborate with some of the best retinal physicians in the world and give our patients direct access to promising investigational therapies, many for disorders that currently have no proven treatments.” He added, “RCA’s strong capital position will allow us to continue to grow, making it easier for our patients to access this state-of-the-art care while maintaining our high quality of service throughout the organization.” PNR physicians have participated in several clinical trials testing new drugs for Age-Related Macular Degeneration (AMD), diabetic retinopathy, retinal vein occlusions, vitreomacular traction, and ocular melanoma. Currently, PNR is very active in five clinical trials studying dry AMD, wet AMD, and other conditions. "We are delighted to welcome the fabulous doctors and staff of Pacific Northwest Retina to the ever-expanding RCA family,” said Joel Pearlman, MD, PhD, of Retinal Consultants Medical Group of Sacramento, Calif. “Our neighbors to the north have been providing expert and compassionate care from the greater Seattle area to Bellingham and beyond for over two decades.” RCA includes practices in New York, Florida, South Carolina, North Carolina, Tennessee, Missouri, Kansas, Texas, Kentucky, Minnesota, Colorado, Utah and California, and the addition of PNR furthers RCA’s goal of providing the highest quality retinal care to patients across the U.S., according to the announcement. Formed by Webster Equity Partners and based in Southlake, Texas, RCA is partnering with leading retina specialists who seek a strategic partner with the capital resources and expertise to invest in their practice infrastructure and position them for continued growth in their markets. RCA is unique in offering the first horizontal alliance in the eyecare field focused solely on retinal care, the announcement noted.