Becker's Spine Review

38 ASC Orthopedic practices, payers and health systems: 7 HOPCo moves in the last year By Alan Condon I n the last year, Phoenix-based Healthcare Outcomes Performance Co. has affiliated with orthopedic practices in Michigan, Arizona, Florida and Nevada and expanded relationships with health systems and payers. HOPCo is a private equity-backed musculoskeletal practice management and value-based care platform that partners with musculoskeletal practices, health systems and payers to develop value- based care programs — such as bundled payments, shared savings and population health — that are designed to improve quality and reduce the cost of care. Seven key HOPCo developments in the last 12 months: 1. HOPCo acquired two applications from London-based Future Health Works and aims to create the world's largest integrated musculoskeletal data platform. FTW uses predictive analytics tools to identify patients at a higher risk for adverse outcomes or hospital readmissions. HOPCo said the technology will strengthen its outcomes management platform, claims analytics and clinical datasets. 2. HOPCo affiliated with Florida Blue, the state's Blue Cross Blue Shield arm, to address healthcare affordability. e partnership will develop a network of physicians and facilities to participate in HOPCo's Musculoskeletal Outcomes Management Program and risk-shared incentives, which will focus on improving the quality and efficiency of care for Florida Blue members. 3. Philadelphia-based Premier Orthopaedics joined HOPCo to integrate partnerships with orthopedic practices, physicians, health systems and payers in the region. e practice said the partnership will bolster value-based care at its 28 locations. 4. Pardee UNC Health Care in Hendersonville, N.C., teamed with HOPCo to form an orthopedic and neurosurgical Center of Excellence, the first of its kind in North Carolina, according to the company. 5. Pensacola-based Ascension Florida and Gulf Coast and HOPCo partnered to expand their Performance Orthopedics and Spine program, which launched in Jacksonville, Fla., in 2020. 6. Orthopaedic Associates of St. Augustine (Fla.) affiliated with Jacksonville, Fla.-based Southeast Orthopedic Specialists to create a multispecialty musculoskeletal care platform with more than 100 providers. Under the partnership, OASA joined HOPCo's integrated care network, with both orthopedic practices having access to the company's clinical and quality infrastructure, IT tools and claims analytics platforms. 7. Reno-based Spine Nevada and Tahoe Fracture & Orthopedic Medical Clinic in Carson City, Nev., merged to create a 60-provider group, the largest musculoskeletal care platform in the state. Tahoe Fracture joined Spine Nevada under HOPCo's Nevada care network, which is focused on expanding spine, orthopedic, sports medicine and vein programs in the state. n 5 physician specialties that drive the most revenue By Patsy Newitt P hysicians generate an average $2.4 million annually for their hospitals, according to Merritt Hawkins and AMN Healthcare's 2022 "Review of Physician and Advanced Practitioner Recruiting Incentives." The report is based on 2,695 physician and advanced practitioner search engagements conducted from April 1, 2021, to March 31. Here are the five physician specialties that generate the highest average annual net revenue for hospitals, followed by net revenue in 2019: Interventional cardiology $3.48 million Orthopedic surgery $3.29 million Gastroenterology $2.97 million Family medicine $2.11 million OB-GYN $2.02 million n Tenet acquires Baylor's 5% stake in USPI for $406M By Alan Condon D allas-based Tenet Healthcare now owns 100 percent of United Surgical Partners International's voting shares, CEO Saum Sutaria, MD, said during a July 22 earnings call, according to Seeking Alpha. Four notes: 1. Tenet paid $406 million to acquire Dallas-based Baylor Scott & White Health's 5 percent equity position in USPI at the end of the second quarter. The transaction does not affect USPI's 20-plus year collaboration with Baylor Scott & White Health in the Dallas Fort Worth market, which the organizations will continue to grow as one of the largest surgical facility joint ventures in the country, Dr. Sutaria said. 2. The acquisition gives Tenet full ownership of USPI, which runs 410 ASCs and 24 surgical hospitals in 34 states, according to its website. 3. The ASC market is expected to be Tenet's primary growth driver in the coming years. Dr. Sutaria said Tenet has about a 7 percent share of the ASC market. 4. Tenet expects to have 575 to 600 ASCs by the end of 2025, Dr. Sutaria said. n

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