Management services organizations are gaining traction among physician-owned orthopedic practices as they continue to be challenged by economic, payer and administrative hurdles.
Here are six MSOs totaling more than 400 physicians and 36 affiliate practices across 13 states:
Year founded: 2017
No. of physicians: 120+
Affiliated practices: 11
States: Florida, Arizona, Colorado, Missouri
CEO: Rich Gilbert, MD
Private equity backing: Varsity Healthcare Partners
Year founded: 2021
No. of physicians: 100+
Affiliated practices: Eight
States: Connecticut, Massachusetts, New York
CEO: Timothy Corvino, MD
Private equity backing: Kohlberg & Co.
Year founded: 2019
No. of physicians: 70+
Affiliated practices: Three
States: Ohio
CEO: Andy Blankemeyer
Private equity backing: Revelstoke Capital Partners
Year founded: 2020
No. of physicians: 65
Affiliated practices: Seven
States: Mississippi, Alabama
CEO: Glen Silverman
Private equity backing: FFL Partners
Year founded: 2021
No. of physicians: 34
Affiliated practices: Three
States: Texas
Chief development officer and chief administrative officer: Eric Slimmer
Private equity backing: A&M Capital Partners
6. American Orthopedic Partners
Year founded: 2021
No. of physicians: 25+
Affiliated practices: Five
States: California, New York, Illinois, Florida, New Jersey
CEO: Jay Bronner, MD
Private equity backing: Stone Point Capital