From the formation of two orthopedic institutes to the expansion of two management services organizations, here are six partnerships that made a splash in the specialty in the last three months:
1. James Andrews, MD, and Jefferson, La.-based Ochsner Health inked a five-year partnership to create The Ochsner Andrews Orthopaedics & Sports Medicine Institute. Dr. Andrews will integrate his newly launched Andrews Medicine platform with Ochsner, provide guidance on programs and share clinical best practices and engage in research and professional development initiatives.
2. Newport Beach, Calif.-based DISC Sports & Spine Center secured investment from private equity firm Chicago Pacific Founders and musculoskeletal management company Trias Global. The practice, founded by neurological spine surgeon Robert Bray Jr., MD, aims to strengthen its brand and expand into new regions.
3. Allentown, Pa.-based Lehigh Valley Health Network established an orthopedic institute through a partnership with Bethlehem, Pa.-based Coordinated Health, making Lehigh the system with the most fellowship-trained sports medicine specialists in the region. The institute, which includes almost 150 providers, also plans to partner with independent orthopedic groups in the area.
4. Atlanta-based Resurgens Orthopaedics affiliated with private equity firm Welsh, Carson, Anderson & Stowe to build an orthopedic platform. Resurgens CEO Alex Bateman will lead the new physician-owned entity.
5. Private equity-backed U.S. Orthopaedic Partners acquired Montgomery, Ala.-based Southern Orthopaedic Surgeons in February. The MSO has acquired seven practices since its founding in 2020, including Birmingham, Ala.-based Andrews Sports Medicine & Orthopaedic Center .
6. Spire Orthopedic Partners added Middletown, Conn.-based Middlesex Orthopedic Surgeons and Chelmsford, Mass.-based Orthopaedic Surgical Associates, which have a combined 21 physicians. The MSO launched in February 2021 and has partnerships with four other practices.