What you should know:
1. The orthopedic company concurrently appointed its first CEO in Mark Tulloch, who announced the investment. Co-founders Brant Bell and Stu Jones formerly led the company.
2. This is 7 Springs’ first round of funding.
3. Frist Cressey and Altitude will each have sitting members on 7 Springs’ board.
4. The orthopedic company has five orthopedic clinics, with two more coming in July. The company is also building a physical therapy facility in Antioch, Tenn.
“We’re proud to partner with 7 Springs Orthopedics because their model improves access to affordable care for all patients,” Frist Ventures said in a release.
More articles on practice management:
Legislation, bundled payments may be stabilizing neurosurgery reimbursement
Indiana spine, neurosurgeon group refuses to become employed at IU Health, jeopardizing relationships: 5 details
Stryker aims to make a new spine acquisition in the next 6 months, K2M integration on track
