Ovation Fertility Acquires Texas Fertility Center San Antonio Lab

LOS ANGELES, Oct. 9, 2018 /PRNewswire-PRWeb/ -- Ovation Fertilitytm has announced the acquisition of a second Texas Fertility Center IVF laboratory, San Antonio IVF. Ovation Fertility is a national network of IVF labs, genetics labs and partner physician practices committed to applying leading-edge treatment through the hands and minds of the world's foremost experts. This addition to Ovation's nationwide network of IVF laboratories is the fourth in 12 months, and San Antonio is now the ninth U.S. market served by an Ovation IVF lab.

The Ovation Fertility Austin laboratory, also started by Texas Fertility Center, was sold to Ovation shortly after the company's founding in 2015. Both the Austin and San Antonio laboratories are led by Matthew "Tex" VerMilyea, PhD, HCLD, Ovation Fertility laboratory director, and Kaylen Silverberg, MD, Ovation Fertility medical director.

"We are proud to expand our working relationship with the physicians of Texas Fertility Center. They were co-founders of our company, and some of the first physicians to recognize the opportunity presented by joining the Ovation network," says Nate Snyder, chief executive officer of Ovation Fertility. "The Texas Fertility Center team has been able to grow its San Antonio IVF lab into a major player in the South Texas IVF lab services market. Their decision to add this second lab to the Ovation network of leading IVF and genetics laboratories reflects these physicians' confidence in our unique, collaborative business model for improving IVF care and lowering the overall cost of live birth through IVF."

The San Antonio IVF laboratory provides embryology, andrology and fertility preservation services to support IVF treatment performed by Texas Fertility Center's San Antonio-based physicians, Erica Munch, M.D., and Susan Hudson, M.D., as well as for other referring fertility and urology specialists and OBGYNs. The state-of-the-art laboratory, and the adjacent surgery center managed by Methodist Hospital, adhere to evidence-based standards for world-class IVF laboratories. This is evidenced by the very high pregnancy rates and very low multiple pregnancy rates produced by the program. As San Antonio IVF's expert team of scientists become Ovation employees, they also gain access to the collaborative research and resources available exclusively through Ovation Fertility.

"The San Antonio IVF laboratory is a rapidly growing facility in one of the most culturally vibrant cities in the country," says Silverberg, medical director of Texas Fertility Center and one of Ovation's founding affiliated physicians. "The lab's pregnancy and delivery rates are among the highest in the country, and the team recently celebrated the performance of its 1,000th IVF cycle. It is also approaching its 1,000th embryo transfer. Ovation Fertility is one of the most innovative IVF laboratory companies and most prolific fertility research organizations in the nation, and we are so proud that they want to add San Antonio IVF to their exceptional network."

Ovation Fertility is a portfolio company of WindRose Health Investors, which makes private equity investments in businesses that operate within the services sectors of healthcare.

About Ovation Fertilitytm

Ovation Fertility is a national network of reproductive endocrinologists and scientific thought leaders focused on reducing the cost of live birth through more efficient and effective fertility care. Ovation Fertility's IVF and genetics laboratories and affiliated practices work collaboratively to raise the bar for IVF treatment, with state-of-the-art, evidence-based fertility services that give hopeful parents the best chance for a successful pregnancy. Physicians partner with Ovation Fertility to offer their patients advanced preimplantation genetic testing. Ovation Fertility also provides donor eggs that come with the world's first Euploid Embryo Guarantee®, as well as secure frozen egg, embryo and sperm long-term storage; consultative services to help IVF laboratories improve quality and performance; and fertility preservation programs that enable more women to freeze their eggs and build future families. Learn more about Ovation Fertility's vision of a world without infertility at http://www.OvationFertility.com.

SOURCE Ovation Fertility