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ORTHOPEDICS
Orthopedic practice partners
with HOPCo to establish new
Florida care network
By Alan Condon
J
acksonville, Fla.-based Southeast Orthopedic Specialists and Phoenix-based
Healthcare Outcomes Performance Company partnered to form HOPCo South-
east Specialty Care Network.
HOPCo SSCN focuses on musculoskeletal management services and seeks to partner
with other orthopedic practices, health systems and payers in Florida.
e new partnership will include Southeast Orthopedic Specialists' 13 board-certified
orthopedic surgeons as well as its sports medicine physiatrist, pain management
physiatrist and chiropractor, among the other specialists in the group. e practice
provides joint replacements, spine care, emergency orthopedics and regenerative
medicine.
HOPCo SSCN incorporates HOPCo's quality outcomes tracking analytics and so-
ware, claims analytics and value-based resources which will help partnering healthcare
organizations with cost savings.
"e HOPCo Southeast Specialty Care Network will provide high-quality healthcare
organizations in the region with the opportunity to rapidly participate in unique val-
ue-based care programs in an integrated manner; something that will be very popular
in the relatively fragmented Florida market," said Donnie Romine, CEO of SOS, who
will serve as president of HOPCo SSCN.
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Cincinnati orthopedic
group takes on PE
investor, launches
management services
organization: 4 details
By Laura Dyrda
C
incinnati-based Beacon Ortho-
paedics and Sports Medicine
launched a national management
services organization in partnership with
private equity firm Revelstoke Capital
Partners.
Four things to know:
1. Beacon's management team will lead
operations at the MSO and provide
extensive resources and capabilities to
support the practice's clinical operations.
Beacon was founded in 1996 and now
has eight locations in Ohio, Kentucky and
Indiana.
2. Revelstoke brings additional resources
and investments to the partnership, al-
lowing Beacon to grow. The PE firm is in
the middle of a multiyear effort to partner
with physician practices "in specialties
that are well-positioned for growth and
consolidation," according to Managing
Director of Revelstoke Andrew Welch.
3. Proskauer Rose was legal counsel and
Coker Capital Advisor was financial advi-
sor to Beacon. McGuireWoods served as
legal counsel to Revelstoke.
4. Revelstoke launched in 2013 and has
raised around $1.4 billion of equity since
then. The company has completed 57
acquisitions, including 14 platform com-
panies and 43 add-on acquisitions.
"We've been successfully focusing on
our patients, delivering the best patient
experience by providing instant access
to high quality, affordable care. That will
not change," said Beacon President Peter
Cha, MD. "We see tremendous growth
opportunities with this partnership by
recruiting more best-in-class providers,
opening new clinical facilities, expanding
our patient care and business support
services and aligning with market leading
provider groups."
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Former Laser Spine Institute chairman
of surgery lands at Colorado practice —
4 insights
By Eric Oliver
F
ormer Laser Spine Institute surgery chairman Michael Weiss, MD,
PhD, joined Lone Tree, Colo.-based SpineOne.
What you should know:
1. Dr. Weiss will serve as SpineOne's chief of surgical operations.
2. With nearly three decades of orthopedic and spine surgery experience,
Dr. Weiss performs both laser and minimally invasive spine procedures.
3. After practicing in South Florida for more than 15 years, he joined
Tampa, Fla.-based Laser Spine Institute, where he practiced for 14 years.
4. Dr. Weiss earned his medical degree from Fort Lauderdale, Fla.-based
Nova Southeastern University. He completed an internship and residency
at East Lansing-based Michigan State University.
"Dr. Weiss played an integral role in LSI's surgical program and their repu-
tation for patient care," said SpineOne founder, CEO and medical director
Perry Haney, MD. "We're excited to have Dr. Weiss and the SpineOne
team do for Denver what he did for so many patients while at the Laser
Spine Institute."
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