Becker's has reported on 12 practice closures in the spine and orthopedic industries since 2019.
Here are two reasons behind several of the closures:
Operational challenges
Las Cruces (N.M.) Orthopaedic Associates, a four-physician practice, closed in May 2020, citing "unforeseen circumstances" tied to the COVID-19 pandemic.
Overland Park, Kan.-based Pinnacle Regional Hospital, which specialized in spinal fusion, closed in April 2020. The hospital has previously filed for Chapter 11 bankruptcy protection, but the added financial difficulties inflicted by the COVID-19 pandemic forced it to close for good.
Shriners Hospitals for Children announced its plan in February 2022 to close an orthopedic hospital in Tampa. A spokesperson for the hospital said that operating a clinic that only offered specialty care made it "challenging to deliver care efficiently."
Relocations and expansions
The BoulderCentre (Colo.) for Orthopedics & Spine closed a facility in Lafayette, Colo., in October in anticipation of a new facility in Broomfield, Colo.
The Advanced Center for Orthopedics & Sports Medicine closed its clinic in Owensboro, Ky., in November to relocate to a new space.
Venice, Fla.-based Suncoast Orthopedics closed its Venice facility and Venice Satellite Office in August in anticipation of a new facility.
Columbus, Ind.-based Southern Indiana Orthopedics closed its Columbus office in June to prepare for a move to a new facility.
Grand Blanc, Mich.-based McLaren Health Care closed its orthopedic hospital in Lansing, Mich., to make way for a 262-bed replacement hospital.