PELTO Health Partners added its first new partner group, OrthoCincy, since forming in 2023.
The Cincinnati-based group serves patients in Ohio, Kentucky and Indiana. The practice has been competing with private equity-backed groups and found a partner with PELTO, Ed Hellman, MD, president and board chair of OrthoIndy, told Becker's.
"This is a way to help guarantee our future in staying independent," JoAnn Reis, CEO of OrthoCincy, told Becker's. "It's very important to any independent practice out there that we are able to stay independent. We've become a part of a very small world out there, but we find it important to stay this way."
The partnership now brings PELTO to four groups across five states with more than 500 physicians in its network. Its locations include 17 ASCs and one specialty hospital.
PELTO began with Durham, N.C.-based EmergeOrtho, Indianapolis-based OrthoIndy and Seattle-based Proliance Surgeons. All groups with PELTO operate independently.