To maintain independence in an increasingly challenging environment, independent orthopedic practices are seeking strategic partnerships with larger healthcare entities.
Here are eight orthopedic groups that affiliated with hospitals or health systems this year:
1. Rezin Orthopedics & Sports Medicine in Joliet, Ill., affiliated with Morris (Ill.) Hospital on June 1. Morris Hospital now manages the practice, which changed its name to Morris Hospital Orthopedics & Sports Medicine.
2. Gilford, N.H.-based Advanced Orthopedics, formerly Advanced Orthopedic Specialists, joined Appledore Medical Group and Frisbie Memorial Hospital.
3. Marriottsville, Md.-based Bon Secours agreed to acquire Tuckahoe Orthopaedics, a 13-physician group in Richmond, Va., for an undisclosed price. The transaction is expected to be finalized in October.
4. Active Orthopedics & Sports Medicine, an 11-physician group based in Hackensack, N.J., joined Summit Health.
5. Broomfield, Colo.-based SCL Health acquired Butte-based Montana Orthopedics, which has four physicians and 29 employees.
6. Eight-physician practice Spectrum Orthopaedics-Auburn in Lewiston, Maine, joined Central Maine Healthcare.
7. Watertown, N.Y.-based North Country Orthopaedic Group partnered with two New York hospitals, where its physicians will see patients and perform surgery.
8. Peoria, Ill.-based Great Plains Orthopedics expanded its practice to OSF HealthCare's St. Mary Medical Center in Galesburg, Ill.