Total Joint Orthopedics has secured a debt financing facility of up to $11 million through Wells Fargo to expand its orthopedic implant business. The company selected debt financing after evaluating equity investments and strategic partnerships. The financing will support increased…
Orthopedic
ASC development company Constitution Surgery Alliance has entered the Michigan market through partnerships with Troy, Mich.-based UnaSource Surgery Center and Southfield, Mich.-based MiOrtho Surgery Center. The partnerships will provide both centers access to CSA’s operational resources, data analytics platform and…
On the morning of Oct. 6, the Crystal Ballroom at Chicago’s Hyatt Regency filled with physicians, sports executives and athletes for the 10th Annual Chicago Sports Summit, an anniversary milestone for an event that has raised an estimated $750,000 for…
The orthopedic industry has spent the last decade absorbing waves of new technology, consolidation and reimbursement pressure — and its public posture has been largely optimistic. But orthopedic leaders are working through more difficult questions: whether expensive innovation is actually…
The University of Miami Miller School of Medicine has received FDA authorization to launch a first-of-its-kind knee osteoarthritis trial that delivers stem cells through the arteries supplying the knee. The FDA cleared the study to proceed under an investigational new…
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The Center for Bone & Joint Surgery of the Palm Beaches, an orthopedic and spine practice, has suffered a data breach, according to an Oct. 19 report from Claim Depot. The timeline and method of the breach have not been…
King of Prussia, Pa.-based Premier Orthopaedics & Philadelphia Hand to Shoulder Center recently added five physicians to its organization. The new physicians specialize in elbow and shoulder surgery, adult reconstruction and joint replacement, plastic and reconstructive hand surgery and non-operative…
By 2019, Marc Pietropaoli, MD, had built an orthopedic practice with dozens of employees. But when he examined its finances, he discovered something troubling: The only profitable services were those insurance didn’t cover. For years, declining reimbursement had pushed him…
Spine surgery is operating at a crossroads. Consolidation is accelerating, reimbursement continues to decline, patient complexity is rising, enabling technologies are reshaping operative strategy, and the rapid shift into outpatient environments is redefining where and how care is delivered. In…
George Hampton has been named COO of Spokane, Wash.-based Northwest Orthopaedic Specialists, according to an Oct. 16 LinkedIn post. Mr. Hampton most recently served as associate vice president of retail health, occupational medicine and Indigo Virtual Care at Tacoma, Wash.-based…