Cedarhurst, N.Y.-based South Island Orthopedics is forsaking its affiliation with Mount Sinai Health System and joining Health Plus Management group, Crain's New York reports.
What you should know:
1. South Island is led by Eric Freeman, MD, who said that while he enjoyed working with hospitals, "I missed being my own boss and running my own clinic."
2. Health Plus Management supports physicians by managing the administrative side of practices and provides capital for expansion.
3. Dr. Freeman founded South Island in 1969. It currently has two orthopedists and a physiatrist.
4. Health Plus Management is owned by investment firm InvestCorp.