Palm Beach Gardens, Fla.-based American Orthopedic Partners has added two partnerships in New Jersey.
Practice Management
Aspen (Colo.) Valley Hospital executives are predicting an up to 70 percent decrease in orthopedic revenue in 2022, which equates to about a $20 million hit to its bottom line, The Aspen Times reports.
Three specialists have joined OrthoCincy Orthopaedics & Sports Medicine, which now has 43 physicians, according to local news outlet Eagle Country Online.
U.S. Orthopaedic Partners has completed the acquisition of Andrews Sports Medicine & Orthopaedic Center, the company, in Birmingham, Ala.
Compensation for U.S. physicians grew 3.8 percent on average between 2020 and 2021, compared to 1.5 percent from 2019 to 2020, according to Doximity's "2021 Physician Compensation Report" released Dec. 16.
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Rising overhead and decreasing reimbursements continue to challenge independent practices as consolidation continues to take hold across the healthcare industry.
A number of health systems have banked on spine and orthopedic care in 2021. Here are 23 hospitals and health systems expanding their services in those areas:
Sharonville, Ohio-based Beacon Orthopaedics opened its 25th office in West Chester Township, Cincinnati Business Courier reported Dec. 15.
Fifteen months ago, Rothman Orthopaedic Institute partnered with Altamonte Springs, Fla.-based AdventHealth to ease its expansion into Florida, and now the practice plans to open in California.
Carmel, Ind.-based Methodist Sports Medicine has changed the name of its physician group to Forté Sports Medicine and Orthopedics, the practice said Dec. 14.