Competition continues to rise among spine surgeons and practices as an increasing number of procedures move from hospitals toward the outpatient setting, where they can be performed at a lower cost.
Practice Management
Coastal Orthopedics opened two new medical centers in Florida, in West Bradenton and East Manatee.
Engaging in risk-based contracts, expanding ASCs and ancillary services and capitalizing on the shift of higher-acuity spine and joint replacement surgeries to the outpatient setting are among the biggest opportunities for growth in orthopedics.
Durham, N.C.-based EmergeOrtho and Spine Center Atlanta both have locations in North Carolina and Georgia, respectively. As some larger orthopedic practices set their sights on expansions, leaders of both groups recently addressed collaboration and competition.
Danville, Pa.-based Geisinger broke ground on its $180 million orthopedic center, WKOK reported May 25.
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Many of the largest orthopedic practices have grown in recent years with multiple physicians and locations across the country.
Germantown, Tenn.-based Campbell Clinic Orthopaedics is adding three locations this year in Tennessee and Mississippi, Memphis Flyer reported May 24.
Robert Blair, CEO of Baton Rouge-based The Spine Hospital of Louisiana, is stepping down after 12 years with the company, according to Greater Baton Rouge Business Report.
Arlington, Va.-based Anderson Orthopaedic Clinic and management services organization M2 Orthopedics are opening a weekend urgent care clinic in Lorton, Va.
The Center for Sports Medicine and Orthopaedics has begun building an $18.7 million surgery center in Tyler, Tenn., the Chattanooga Times Free Press reported May 24.