Nashville, Tenn.-based Triumph Orthopedics is the latest private equity-backed support organization to enter the market, according to an April 18 news release.
Led by CEO Nate Bard, Triumph is pursuing partnerships with independent orthopedic practices to build a network of top clinicians that maintains a patient-first, quality-led culture. The company aims to support orthopedic groups through business development, finance, recruitment, benefits and other practice administration to help them achieve their growth objectives.
The board of directors includes orthopedic surgeons Richard Hawkins, MD; Tom Price, MD; Gino Gabianelli, MD; and Steve Morris, MD.
"We are leveraging the learnings of Shore and our board members to accelerate the creation of a highly successful orthopedic platform," Mr. Bard said in the release. "We invest in our teams so that they can invest in our patients. We know good medicine is good business — in that order."
Triumph, which is backed by Shore Capital Partners, is the latest management services organization to invest in orthopedic practices in the South, where states such as Alabama, Texas and Tennessee are primed for growth.