Physician Growth Partners Facilitates PAK Pediatrics' Partnership with Playground Pediatrics

In an exciting development for pediatric healthcare in Northeast Pennsylvania, Physician Growth Partners (PGP) has successfully advised PAK Pediatrics in its strategic partnership with Playground Pediatrics, a management services organization focused on pediatrics. This collaboration promises to enhance the quality of services offered to families in the region.

Background on PAK Pediatrics

Established in 1967 originally as Pediatric Associates of Kingston, PAK Pediatrics has grown significantly over the years. The practice, known for its commitment to providing exceptional pediatric care, has been recognized as the best pediatrics group in the region for an impressive 12 consecutive years. Under the leadership of Dr. Jeff Kile and Dr. Alvaro Reymunde, PAK Pediatrics has expanded its reach by opening new locations and offering a variety of services that cater to the needs of the community.

In 2019, PAK rebranded and emerged as a clinic offering comprehensive pediatric primary care and support services such as behavioral health and a nationally certified breastfeeding center. With over 25 providers and four locations in the Wyoming Valley, PAK Pediatrics aims to nurture the next generation by delivering exceptional care.

Community Engagement Initiatives

PAK Pediatrics prides itself not only on its clinical excellence but also on its dedication to community involvement. They host initiatives such as a New Mom's Social Group, a Newborn Essentials program, and manage a food pantry named PAK Provisions, which provides over 4,000 pounds of fresh food monthly to families in need. Such initiatives strengthen the clinic’s bond with the community and demonstrate its mission of proactive engagement and support for children's health and well-being.

Strategizing for Growth

With the increasing complexities of the healthcare landscape, PAK Pediatrics recognized the need to bolster its operational capabilities. Hence, the partnership with Playground Pediatrics—backed by Norwest Venture Partners and Healthcare Foundry—will enhance their resources in administrative, marketing, and operations, positioning them to compete effectively in an evolving environment.

Dr. Jeff Kile expressed his appreciation for the support he received from PGP, noting, “Partnering with Physician Growth Partners was one of the most important decisions we made. They took the time to understand our unique culture and values, which was crucial in presenting our strengths to potential partners.” His sentiments were echoed by Dr. Alvaro Reymunde, who highlighted the value of PGP’s guidance throughout the process. Their assurance and commitment played a significant role in simplifying a complex decision-making landscape.

PGP's Role in the Transaction

PGP has been instrumental in facilitating this partnership by evaluating all strategic options available to PAK Pediatrics, ensuring alignment with Playground Pediatrics. Jeremy Murphy, a representative from PGP, affirmed his commitment to assist PAK in maintaining its identity and mission while paving the way for future growth.

“Supporting the PAK team through this process was an honor. This partnership not only strengthens PAK’s legacy but also aligns with their values and mission,” Murphy stated.

Looking Ahead

The future looks bright for PAK Pediatrics as this partnership is set to fortify its foundations, enhance service delivery, and expand its impact on pediatric healthcare. With PGP's advisory, Dr. Kile, Dr. Reymunde, and their team are optimistic about achieving new milestones in their journey to support families and children in their care, reaffirming their commitment to exceptional pediatric services.

As PAK Pediatrics prepares to embark on this new chapter with Playground Pediatrics, the focus remains on delivering quality care while adapting to the dynamic healthcare landscape. Their continued efforts will undoubtedly benefit the many families who rely on their services, ensuring that children receive the best possible start in life.