Globus Medical, NuVasive merger completed

Globus Medical and NuVasive closed their merger, the devicemaker said Sept. 1.

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The merger, which values NuVasive at $3.1 billion, was first announced in February. Both companies posted revenue growth in their most recent quarterly reports.

Under the merger, Globus Medical grew its board of directors from eight to 11 and added John DeFord, PhD; Leslie Norwalk and Daniel J. Wolterman.

“We’re thrilled to begin our journey together to create a leading global musculoskeletal company,” Globus Medical CEO Dan Scavilla said in a news release. “With a relentless focus on changing patient lives, we’re combining our differentiated portfolios and talented teams to reach more customers as we advance spine and orthopedic care globally.”

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Wednesday, July 29
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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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