PELTO Health Partners added Wilmington-based Delaware Orthopaedic Specialists.
Delaware Orthopaedic Specialists is PELTO's sixth practice. It will operate independently while having access to economies of scale, shared best practices and PELTO's collaborative model, according to an Oct. 22 news release shared with Becker's.
"For the physicians, it's being with like-minded physicians," Josh Vaught, CEO of Delaware Orthopaedic Specialists, told Becker's. "For our executive team, it's also about finding partners who understand the importance of staying independent. When we met with the private equity groups there was nothing that they're bringing to the table that we don't already have. What PELTO brings to the table is a network of like minded individuals working together."
PELTO Health Partners formed in 2023, and this year Olympia (Wash.) Orthopaedic Associates and Cincinnati-based OrthoCincy joined the group. Its founding practices are Durham, N.C.-based EmergeOrtho, Indianapolis-based OrthoIndy and Seattle-based Proliance Surgeons.