The Oncology Institute Expands into South Florida
October 06, 2022 at 08:00 AM EDT
CERRITOS, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- The Oncology Institute, Inc. (NASDAQ: TOI), one of the largest value-based community oncology groups in the United States, announced its entrance into South Florida with the acquisition of Broward Oncology Associates located in Fort Lauderdale and the opening of a new clinic in Plantation.
These two practices further strengthen TOI's position in Florida and serve as a cornerstone investment as the company continues to expand within Broward County and the surrounding communities.
“We are happy to be partnering with Dr. Barreras and also welcome Dr. Giscombe as we enter the South Florida market,” shared TOI’s Chief Executive Officer, Brad Hively, “We look forward to welcoming their patients and teammates and bringing TOI’s cutting-edge care, experience and services to the communities of Broward County.”
This expansion announcement comes as the market shows strong demand for TOI and its differentiated care model which focuses on quality clinical outcomes, access for underserved populations, and value for the healthcare ecosystem. TOI anticipates additional expansion with new locations throughout Florida over the next several months.
Dr. Luis Barreras, former principal of Broward Oncology Associates, now the Fort Lauderdale Imperial Point clinic, shared, “I am very enthusiastic about this partnership. We believe that TOI is a great partner because our philosophies align, focusing on the quality of patient care. I am glad to be joining a company that is improving oncology by proving that oncology treatment can reduce inefficiencies while showing tangible benefits to patients.”
TOI will also be opening a new clinic in Plantation, where Dr. Lisa-Gaye R. Giscombe will see patients. “I am happy to be joining an organization that is a leader in value-based oncology”, said Dr. Giscombe, who most recently served as the chair of the Mercy Hospital Cancer Committee in Miami and has published dozens of oncology studies.
“I am glad to be joining TOI because of its high standards in patient care, which I have also set during my professional experience. As a physician and researcher who has conducted research in oncology for many years, I am excited to be joining an organization that prioritizes the support of ongoing clinical research."
Fort Lauderdale Imperial Point (Formerly Broward Oncology Associates), located at 6405 N Federal Highway #300B Fort Lauderdale, FL 33308 Ph: (954) 771-0692, will continue to serve patients without interruptions and change of hours.
TOI Plantation clinic, located at 6766 West Sunrise Blvd #101 Plantation, FL 33313 Ph: (754) 202- 3419 is a new clinic that will be opening in mid-October.