Shore Capital-Backed EyeSouth Partners Names Rex Adams as Chief Executive Officer

Industry Veteran Poised to Support Growing Network of Affiliated Eye Care Practices in the Southeast

ATLANTA--()--EyeSouth Partners (“EyeSouth” or the “Company”) today announced that Rex Adams has joined the Company as Chief Executive Officer. EyeSouth is a leading network of affiliated medical and surgical specialty eye care practices in Georgia and the broader Southeast, formed by Shore Capital Partners (“Shore Capital”), a leading lower middle market healthcare private equity firm.

Mr. Adams will work closely with the senior leadership team and physician partners to provide strategic guidance and operating expertise to the Company’s practice network in support of a patient-first culture, while also pursuing organic growth and affiliation opportunities to expand patient access.

Mr. Adams was most recently the Chief Executive Officer of Payspan, the nation’s leading provider of health care reimbursement and payment automation utilized by over 700 health plans and over 1,000,000 health care providers. During his tenure as CEO of Payspan, Mr. Adams was named a 2017 CEO Award winner by CEO Today magazine as well as a 2017 CEO Award recipient by Finance Monthly. Mr. Adams previously served as the Chief Operating Officer of Children’s Healthcare of Atlanta (“CHOA”), the largest pediatric hospital system in the United States. Under Mr. Adams’ guidance, CHOA earned the distinctions of Fortune’s Top 100 Places to Work and US News and World Report’s Top Hospital in 10 specialties. Prior to CHOA, Mr. Adams served as Chief Operating Officer of CareCentrix, a leading benefits management company providing home-based healthcare services to nearly 17 million patients.

Gino Gabianelli, Chief Medical Officer of EyeSouth Partners, stated, “As we continue to grow our network to serve more patients in the Southeast, we are committed to supporting our physicians with additional leadership and operational expertise. Rex shares our vision for providing the highest quality clinical care and advancing our medical mission as we expand our affiliate network, and his leadership experience and cultural fit are a great match for our best-in-class clinical team.”

“I am thrilled and honored to join such a patient-focused, high-quality care organization as EyeSouth. I am excited to work with the EyeSouth team and our affiliated practices to deliver the highest quality medical and surgical eye care and a superb patient experience while also strengthening relationships with our clinical partners in the eye care community,” said Mr. Adams.

In 2017, EyeSouth added Jason Shafer as Chief Financial Officer and Charlie Shreve as Vice President of Business Development and Strategy to the senior management team, as well as other shared services hires as the Company has continued to expand across Georgia and the Southeast. Scott Bullock continues in his role as President of EyeSouth’s Anterior Division while Paul Lucas remains President of the Posterior Division.

EyeSouth’s affiliate network consists of 30 doctors providing medical and surgical eye care services at 20 locations throughout Georgia. To learn more about a partnership with EyeSouth Partners, visit www.eyesouthpartners.com or contact Charlie Shreve, VP of Business Development & Strategy, charlie.shreve@eyesouthpartners.com.

About EyeSouth Partners

Headquartered in Atlanta, GA, EyeSouth Partners (“EyeSouth”) is an eye care physician services organization committed to partnering with leading physicians to build a premier network of eye care services in Georgia and the Southeast. EyeSouth’s partner practices’ clinical mission is to provide high quality medical and surgical specialty eye care. EyeSouth supports its affiliated practices and physician partners with capital, administrative resources, operating expertise, and strategic guidance with an absolute focus on clinical quality and a patient-first culture. EyeSouth’s affiliate network consists of 30 doctors practicing at 20 locations in Georgia. EyeSouth is backed by Shore Capital Partners, a leading lower middle market healthcare private equity firm. For more information about EyeSouth Partners, please visit: www.eyesouthpartners.com.

About Shore Capital Partners

Shore Capital is a Chicago-based private equity firm focused exclusively on microcap healthcare investments. Shore supports management partners with capital, business development expertise, and industry knowledge to accelerate growth, fund acquisitions, and generate value to shareholders. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant growth potential, including organic and growth through industry consolidation. Shore has approximately $600 million of equity capital under management through various investment vehicles. For more information, please visit: www.shorecp.com.

Contacts

Media Contact
BackBay Communications
Zachary Tramonti, 617-391-0797
zachary.tramonti@backbaycommunications.com
or
EyeSouth Business Development Contact
EyeSouth Partners
Charlie Shreve
VP of Business Development & Strategy
charlie.shreve@eyesouthpartners.com

Contacts

Media Contact
BackBay Communications
Zachary Tramonti, 617-391-0797
zachary.tramonti@backbaycommunications.com
or
EyeSouth Business Development Contact
EyeSouth Partners
Charlie Shreve
VP of Business Development & Strategy
charlie.shreve@eyesouthpartners.com