North Carolina Orthopedics Practice to Save $750,000 by Consolidating Site

Greensboro (N.C.) Orthopaedics will save $750,000 by consolidating operations at a single site, according to a report by the Business Journal of the Greater Triad Area.

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John Nosek, executive director of Greensboro Orthopaedics, said the 18-physician practice would realize the savings from lower rents and by trimming a few clerical positions from it 150-member workforce because they won’t be needed at one site.

Specifically, the practice will shift 25,000 feet of space from a building it constructed 18 years ago to a site it initially moved into in 2004, where it already has 30,000 square feet of space.

Mr. Nosek said the practice had been planning change for a couple of years in reaction to threatened cuts in Medicare reimbursements.

Read the Business Journal of the Greater Triad Area’s story on Greensboro Orthopaedics.

 

 

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