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Mid-Atlantic Women's Care, PLC Profit Sharing Plan
Mid-Atlantic Women's Care, PLC Profit Sharing Plan, founded by Lee Ouyang in 1997, holds an estimated $88M for Virginia's largest OB/GYN network.
Mid-Atlantic Women's Care, PLC Profit Sharing Plan
Mid-Atlantic Women's Care, PLC Profit Sharing Plan was established in 1997 when 11 independent OB/GYN physician groups in Virginia merged to form the region's largest women's healthcare network. Lee Ouyang, MD, the founder and president of the underlying medical practice, structured the entity as a defined contribution profit sharing plan serving the group's providers. The plan's portfolio extends beyond traditional public-market holdings into alternative assets within the United States. While specific allocation percentages are not disclosed, the plan maintains exposure to real asset and private-market strategies that complement the cash flows of the clinical enterprise. The broader Mid-Atlantic Women's Care network participates in joint legal settlements through its Physicians to Women division and maintains clinical affiliations with Sentara Healthcare hospitals including Sentara Princess Anne and Sentara Norfolk General. The plan serves participants drawn from a 147-provider practice operating across the Virginia Beach-Norfolk-Newport News metropolitan area and northeastern North Carolina. Dr. Ouyang also holds leadership roles within the Medical Society of Virginia. The practice's community footprint includes support for the Currituck Education Foundation, Jewish Family Service of Tidewater, Project Nana, and Vanguard Landing. No recent reported changes have been made to the plan's investment governance or leadership structure. The plan functions as a pension vehicle embedded within a large professional services partnership rather than a standalone allocator with a dedicated investment staff. This architecture means investment decisions are shaped by fiduciary oversight tied to the medical practice's governance, with plan assets deployed in a manner consistent with the cash-flow profile and long-term obligations of a multi-site clinical group.
General information
Firm type
Pension Fund
Year founded
1997
AUM
$88M (Altss estimate)
Location
Region
North America
Country
United States
City
Norfolk
Corporate office
Norfolk, VA, United States
Principals
Lee Ouyang, MD
Founder, President of Mid-Atlantic Women's Care, PLC
Sector focus
Frequently asked questions
Who oversees investment decisions for the plan?
Investment governance falls under the fiduciary structure of the Mid-Atlantic Women's Care, PLC defined contribution profit sharing plan. Lee Ouyang, MD, as founder and president of the sponsoring medical practice, is the named principal associated with the entity. The plan does not disclose a dedicated internal investment committee or external OCIO relationship.
What is the plan's exposure to alternative assets?
The plan holds alternative asset exposure within the United States, according to available records. The exact allocation, underlying managers, or strategy type — whether private equity, real estate, credit, or infrastructure — is not publicly disclosed by the plan.
How does the plan relate to the Mid-Atlantic Women's Care medical practice?
The profit sharing plan is the retirement vehicle sponsored by Mid-Atlantic Women's Care, PLC, a network of over 147 OB/GYN providers formed through the 1997 merger of 11 independent physician groups. Plan participants are drawn from providers and staff across the organization's 27 locations in Virginia and North Carolina.
Does the plan invest in fund commitments or only direct holdings?
The plan's investment structure is not publicly detailed. As a defined contribution profit sharing plan with an estimated $88M portfolio, it likely utilizes mutual funds, collective investment trusts, or pooled vehicles to serve participant-directed accounts, while any alternative asset exposure would typically be accessed through commingled fund structures rather than direct deals.
Which community or philanthropic entities are linked to the plan's sponsor?
Mid-Atlantic Women's Care, PLC and its leadership support the Currituck Education Foundation, Jewish Family Service of Tidewater, Project Nana, and Vanguard Landing. These organizations are distinct from the profit sharing plan's investment operations but reflect the community engagement of the plan's sponsor.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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