• Family of patient who died after orthopedic surgery wins $35M verdict against hospital
  • Orthopedic surgeon wins $20M verdict against Johnson & Johnson
  • Minnesota orthopedic group hit with $111M negligence verdict
  • Orthopedic patient's death highlights potential dangers of prior authorization
  • Spine surgeon's video hits 1 million views on TikTok
  • Spine surgeon killed in Oklahoma hospital shooting
  • Spine surgeon owes $17M to paralyzed patient
  • Providence to pay $22.7M to settle unnecessary spine surgery allegations
  • Spine surgeon gets jail time for abusing patient during hospital visit
  • 'They're on really thin ice': Why 1 insurer has drawn spine surgeons' ire
  • Connecticut hospital to appeal $12.5M verdict to family of patient who died after orthopedic surgery
  • Orthopedic surgeon must face suit in patient's death
  • Spine surgeon 1 of 9 physician billionaires on Forbes' 2022 list
  • 23 spine device companies to watch in 2022
  • 4 spine technologies that promised more than they delivered
  • Orthopedic surgeon salary vs. average household income in each state
  • Orthopedic surgeon's health system exit steeped in controversy
  • Terminated orthopedic surgeon contracts with another New York hospital
  • Orthopedic surgeon convicted of battery at hospital
  • Billionaire spine surgeon buys $23.9M mansion
  • UArizona neurosurgery chair dies after motorcycle collision
  • Texas spine surgeon sued by State Farm over 'unnecessary' procedures
  • The spine tech surgeons say will explode in the next 5 years
  • Could Medtronic's spine business be the next medtech spinoff?
  • Ex-NFL player gets 5 years in prison for $2.9M healthcare fraud scheme
  • 41 'rising stars' in orthopedics
  • Orthopedic surgeon indicted in $10M telemedicine fraud scheme
  • Neurosurgeon's startup hits $1.2B valuation
  • Orthopedic surgeon fined for operating on wrong knee
  • Lawsuits build against Aetna's spine surgery coverage
  • Good news, bad news for orthopedic surgeons: 6 observations
  • Former spine surgeon owes $13M to 2 women over unnecessary procedures
  • Walmart's latest partnership pushes retailer into spine care
  • Texas spine surgeon's $11M verdict being appealed
  • 10 power players in orthopedics
  • Rothman Orthopaedics to become national brand, but no 'aspirations to go beyond US'
  • Sports medicine physician fired amid misconduct allegations involving patients
  • Orthopedic surgeon allegedly exaggerated patient visits to defraud insurers
  • Top orthopedic hospital in every state: US News
  • Orthopedic surgeon asking for misconduct charges to be dropped
  • Cincinnati orthopedic group takes on PE investor, launches management services organization: 4 details

    Cincinnati orthopedic group takes on PE investor, launches management services organization: 4 details

    Laura Dyrda -  

    Cincinnati-based Beacon Orthopaedics and Sports Medicine launched a national management services organization in partnership with private equity firm Revelstoke Capital Partners.

    Four things to know:

    1. Beacon's management team will lead operations at the MSO and provide extensive resources and capabilities to support the practice's clinical operations. Beacon was founded in 1996 and now has eight locations in Ohio, Kentucky and Indiana.

    2. Revelstoke brings additional resources and investments to the partnership, allowing Beacon to grow. The PE firm is in the middle of a multiyear effort to partner with physician practices "in specialties that are well-positioned for growth and consolidation," according to Managing Director of Revelstoke Andrew Welch.

    3. Proskauer Rose was legal counsel and Coker Capital Advisor was financial advisor to Beacon. McGuireWoods served as legal counsel to Revelstoke.

    4. Revelstoke launched in 2013 and has raised around $1.4 billion of equity since then. The company has completed 57 acquisitions, including 14 platform companies and 43 add-on acquisitions.

    "We've been successfully focusing on our patients, delivering the best patient experience by providing instant access to high quality, affordable care. That will not change," said Beacon President Peter Cha, MD. "We see tremendous growth opportunities with this partnership by recruiting more best-in-class providers, opening new clinical facilities, expanding our patient care and business support services and aligning with market leading provider groups."

    Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

    Featured Learning Opportunities

    Featured Webinars

    Featured Podcast

    Featured Whitepapers