OrthoVirginia finalizes new acquisition and is poised for more — 4 things to know

Practice Management

After finalizing its acquisition of Virginia Beach-based Virginia Institute for Sports Medicine Jan. 1, Richmond-based OrthoVirginia set its sights on future growth, according to a Richmond Business Sense report.

 

Four things to know:

1. The practice has history dating back to 1960, and initially merged with Herndon, Va.-based Commonwealth Orthopaedics in 2014 and since then has merged with three other groups.

2. Its most recent acquisition is OrthoVirginia's first foray into Virginia Beach, and CEO Dale Ingram said the practice plans to continue growing and "cover the entire state of Virginia."

3. While he hasn't yet choreographed OrthoVirginia's next move, Mr. Ingram said it plans to grow through acquisitions added to its approximately 24 practice locations.

4. There are more than 100 physicians associated with OrthoVirginia and its locations include MRI facilities, physical therapy clinics and outpatient surgery centers.

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