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ORTHOPEDICS
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TOTAL
JOINTS
Stryker purchased
Invuity for $190M: 5
things to know
By Laura Dyrda
K
alamazoo, Mich.-based Stryker
acquired San Francisco-based
Invuity, a surgical illumination
products company.
This acquisition comes on the heels of
Stryker's plans to acquire K2M, a mini-
mally invasive complex spine surgery
device company, announced Aug. 30
for $1.4 billion. Here are five things to
know about the company's acquisition
of Invuity:
1. Stryker purchased outstanding shares
of common stock of Invuity for $7.40
per share, which would make the entire
transaction around $190 million.
2. Under the agreement, a subsidiary
of Stryker made the offer to purchase
outstanding shares of common stock in
cash. Both companies' boards of direc-
tors approved the transaction.
3. The acquisition was complete on Oct.
23.
4. Invuity's products are complementary
to Stryker's surgical portfolio within the
instruments business.
Invuity was founded in 2004 and in-
cludes a portfolio of products covering
orthopedic and spine surgery as well
as general surgery and women's health
procedures. Invuity also recently en-
tered the enhanced energy market.
5. Stryker expects the acquisition will
have an "immaterial impact" on its net
earnings. n
Why one orthopedic surgeon
started performing outpatient
TJRs in the ASC setting
By Rachel Popa
J
ames Van Horne, MD, an orthopedic surgeon specializing in outpatient hip and
knee replacements who practices at the Grants Pass, Ore.-based Paragon Ortho-
pedic Center, shared his thoughts on the benefits of outpatient joint surgery at
ASCs with DePuy Synthes and the Johnson & Johnson Institute.
Dr. Van Horne said performing outpatient total joints is beneficial for both patients
and surgeons. e procedures cut costs for patients and allow them to recover faster,
and let surgeons provide quality care.
"I saw in surgery centers the ability to get the quadruple aim — not only making the
patient happy, better results and being able to make it cost less, but to enjoy what I'm
doing," he said.
"There just aren't enough total joint surgeons being trained to continue [with the
demand for surgery] unless we can make it possible for us to do more and still
be happy," Dr. Van Horne continued, citing clerical work like paperwork keeping
surgeons from spending more time with their patients. "That's why I went to the
surgery center; in a surgery center...we're able to do what we do best, which is care
for patients." n
200+ total joint replacement ASC in New
Jersey opens new location: 4 things to know
By Laura Dyrda
L
awrenceville, N.J.-based Mercer County Surgery Center opened a
new location that includes advanced technology for the center's mul-
tidisciplinary procedures.
Here are four things to know:
1. Mercer County Surgery Center, a freestanding surgery center, provides
outpatient joint replacements, spine surgeries, orthopedics, gastroenterol-
ogy, pain management, neurology and breast procedures. The AAAHC-
accredited center moved to the new facility, across the street from its old
facility, Oct. 1.
2. The center's surgeons completed its 200th total joint replacement in
September prior to moving to the new location. Surgeons perform both
total knee and hip replacements at the center.
3. The ASC's original location was completed as a one-operating room
center in 2000 and later expanded to include two ORs and an endoscopy
suite.
4. The ASC also participates in the Stop Colon Cancer Now campaign and
offers Saturday morning procedures for convenience. n
