Here are 10 large orthopedic practices that have acquired new physicians, built new locations and expanded technological capabilities in the first quarter of the year.
The Centers for Advanced Orthopaedics in Bethesda, Md., has grown practice revenue by 75 percent since opening in 2014 and reports a 40 percent increase in physician volume. The practice has grown to nearly 180 physicians throughout Washington, D.C., Maryland and Northern Virginia, organically and through acquisitions. The practice plans to add new groups and partners regionally and beyond, and sees population health as a huge opportunity in the future.
The CORE Institute, based in Phoenix, opened a new clinic in Scottsdale, Ariz. The practice now includes 10 locations in Arizona and 19 locations overall. The new location expanded the facility's square footage by 50 percent. In September 2018, the practice added eight physicians and aims to continue growing in the future.
Illinois Bone & Joint Institute, based in Morton Grove, opened a new physician and rehabilitation clinic in Crystal Lake, Ill., and a physical therapy clinic in Palatine, Ill., earlier this year. The practice now has more than 100 physicians and 20 locations, as well as five orthopedic urgent care locations, in the Chicago area.
Midwest Orthopaedics at Rush in Chicago opened its first freestanding physical therapy clinic in Orland Park, Ill. The practice also began construction on a 100,000-square-foot facility in Oak Brook, Ill., in January. Midwest Orthopaedics at Rush physicians provided care to 66,000 patients in 2018 and performed more than 16,000 surgical procedures across six locations in Chicago.
OrthoCarolina, based in Charlotte, N.C., continues to add physicians to its 300-plus provider group, focused on orthopedics, sports medicine and spine. The practice has 32 orthopedic clinic locations across North Carolina as well as physical therapy, MRI and urgent care. In 2019, the practice has added two orthopedic surgeons.
OrthoVirginia, based in Richmond, acquired Virginia Beach-based Virginia Institute for Sports Medicine and now includes more than 100 physicians and 22 office locations. The practice includes outpatient surgery centers and physical therapy clinics as well.
Proliance Surgeons' Proliance Orthopedic Associates opened an orthopedic urgent care center in Tukwila, Wash. Proliance, based in Seattle, has clinics in Renton and Covington, Wash., as well that serve more than 50,000 patients each year.
Rothman Orthopaedics, based in Philadelphia, opened new offices in Doylestown Township, Pa., and Monmouth Junction, N.J., earlier this year. The practice also partnered with Leawood, Kan.-based NueHealth and Denver-based MUVE Health to expand beyond the East Coast; it is exploring opportunities in Florida, Texas and several Midwestern states.
The Steadman Clinic based in Vail, Colo., opened a new clinic in Frisco, Colo. The practice plans to add sports medicine physician Armando Vidal, MD, in May. He will become the practice's 15th physician. Dr. Vidal previously served as the executive vice chair in the department of orthopedics at the University of Colorado Denver School of Medicine.
Resurgens, based in Atlanta, began in 1999 as a merger between seven independent physician groups and now has 24 offices in Georgia. The practice implemented an artificial intelligence platform in March to improve data accuracy and clinical workflows for its 100-plus affiliated physicians.