Novum Orthopedic Partners forms PE-backed platform in Texas

Carly Behm -   Print  |
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Dallas-based Novum Orthopedic Partners formed a new orthopedic management platform, partnering with three practices. 

Novum on Dec. 29 closed partnerships with Arlington (Texas) Orthopedic Associates, Abilene (Texas) Sports Medicine & Orthopedics and Waxahachie (Texas) Orthopaedics and Sports Medicine, according to a Jan. 12 news release. Novum also invested in Abilene (Texas) Center of Orthopedics and Multispecialty and Baylor Scott & White Orthopedic and Spine Hospital at Arlington.

The practices are led by 34 orthopedic and spine physician partners and represent more than 300 employees over 12 clinical sites. 

"Novum’s physician-centric approach to practice management is what attracted us," Arlington Orthopedic Associates President James Burnett, MD, said in the release. "Post-closing, we will remain in control of the daily delivery of care to our patients while benefiting from the operational expertise of Novum."

Novum is backed by A&M Capital Partners, a private equity firm.

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