Orthopedic management service organizations have expanded their footprints significantly in 2022. Here is what six of them did this year:
United Musculoskeletal Partners: United Musculoskeletal Partners, which resulted from private equity investment in Atlanta-based Resurgens Orthopaedics, branded itself in March. UMP in July merged with another MSO, Novum Orthopedic Partners. The merger brought UMP's footprint to almost 190 physician partners across Colorado, Georgia and Texas.
Healthcare Outcomes Performance Company: HopCo has had a busy year with hospital and practice partnerships. Its most recent partnership was with Memorial Healthcare System in Hollywood, Fla. Earlier this year, HopCo was also tapped by a group of orthopedic surgeons planning to launch a group in Wisconsin. HopCo also banded with Florida Blue to address healthcare affordability and partnered with Pardee UNC Health Care in Hendersonville, N.C. for an orthopedic and neurosurgery Center of Excellence.
Spire Orthopedic Partners: Greenwich, Conn.-based Spire Orthopedic Partners bolstered its leadership naming Chris Fusco as its CEO and Patrick Seiler as CFO. The MSO added Peabody, Mass.-based Sports Medicine North and Orthopedic Surgical Center of the North Shore, Middletown, Conn.-based Middlesex Orthopedic Surgeons and Chelmsford, Mass.-based Orthopaedic Surgical Associates.
OrthoAlliance: Cincinnati-based OrthoAlliance saw massive growth in 2022. Between June and October, the MSO inked five partnerships and added 50 physicians. OrthoAlliance began 2022 with a partnership adding eight physicians. In November it added Central Indiana Orthopedics in Muncie, a practice with 26 physicians, and in December it partnered with Granville, Ohio-based Orthopedic Specialists & Sports Medicine.
U.S. Orthopaedic Partners: USOP began 2022 with six affiliate practices. It acquired its ninth practice in August and now supports 170 providers across 39 locations in Alabama and Mississippi. The MSO may expand into Georgia, signing a lease for space in Alpharetta. In April, USOP onboarded Kevin Navas as COO.
Triumph Orthopedic Partners: Nashville, Tenn.-based Triumph Orthopedics is a new MSO that launched in April. Nate Bard is CEO of the MSO, and four orthopedic surgeons sit on the board of directors. In September, Triumph partnered with a 5-physician practice.