Orthopaedic Associates of St. Augustine (Fla.) has affiliated with Jacksonville, Fla.-based Southeast Orthopedic Specialists to create a multispecialty musculoskeletal care platform with more than 100 providers.
Under the partnership, Orthopaedic Associates of St. Augustine will join Healthcare Outcomes Performance Co.'s integrated care network, according to an Oct. 29 news release. Both orthopedic groups will have access to HOPCo's clinical and quality infrastructure, IT tools and claims analytics to partner with health systems, provider groups and payers.
Orthopaedic Associates of St. Augustine will transition to the Southeast Orthopedic Specialists brand in the coming months, and the practices will operate under one consolidated platform.
"We know the best way for us to continue successful growth and to help lead value-based care efforts is through alignment with organizations with a dedicated growth infrastructure and proven track record like HOPCo and SOS," Albert Volk, MD, president of Orthopaedic Associates of St. Augustine, said in the release.
HOPCo is a private, equity-backed musculoskeletal practice management and value-based care platform in Phoenix. The company aims to team with musculoskeletal practices, health systems and payers to develop value-based care programs — such as bundled payments, shared savings and population health — that improve quality and reduce the cost of care.