Summit Spine completes private equity recapitalization

Advertisement

Summit Spine completed its third private equity recapitalization in the last seven years, according to an April 1 news release.

The interventional spine practice completed its recapitalization with Wellspring Capital Management on March 25. Wellspring Capital will provide additional money and expertise to support Summit’s expansion in the southeast.

Summit’s practice model prioritizes physician empowerment, and its structure combines hospital affiliations and ASC ownership opportunities.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Practice Management

  • Sequel Ortho, a management services organization, named Michael Meinolf as chief information officer. Mr. Meinolf has more than 25 years…

  • AdventHealth in Kansas City has launched the AdventHealth Neuroscience Institute in Shawnee Mission, Kan.  The institute will provide diagnosis and…

Advertisement