Astera Cancer Care, a New Jersey-based independent and physician-owned multi-specialty community oncology practice, has expanded its presence in New Jersey with the recent addition of three oncology practices, bolstering its ability to deliver high-quality, coordinated and patient-centered cancer care throughout the state. The financial terms of the deal were not disclosed.
Being added to Astera’s portfolio are three New Jersey-based oncology practices: Hudson Hematology Oncology in Jersey City, Lindenberg Cancer & Hematology Center in Marlton and the practice of Giuseppe Condemi, MD, Ph.D. in Rutherford.
These practices will each serve as a regional hub in Astera Cancer Care’s expansion efforts. With the assistance of OneOncology’s physician recruitment team, Astera has already recruited several well-trained medical oncologists to join these three practices and to expand into additional areas throughout New Jersey and beyond.
“By bringing these exceptional practices into Astera Cancer Care, we are able to deliver to patients the highest-quality cancer care, including a portfolio of cutting-edge clinical trials, close to their homes no matter where they live in New Jersey,” said Edward J. Licitra, MD, Ph.D., Chairman and CEO, Astera Cancer Care and a member of OneOncology’s Board of Managers. “These new physician partners will allow Astera to expand their unique value-based care delivery platform and provide New Jersey residents with greater access to high quality, affordable healthcare and the most innovative therapies, which are comparable to those found at academic medical centers. Innovative care models in the community offer the highest value in health care delivery to patients, payers and self-funded employers.”
Following this acquisition, Astera’s portfolio will now consist of over 60 cancer care providers at 18 delivery sights across New Jersey and Pennsylvania, with several additional care delivery sights under development.
In February 2021, Astera announced its acquisition by General Atlantic-backed OneOncology, a national network of independent community oncologists that assists partner practices to expand their cancer care services. Astera’s three new oncology practices will be added to the OneOncology platform, joining 615 cancer care providers that care for 280,000 patients at 181 sites of care nationwide.
