- New platform and surgical procedure heart funding provides superior facility capabilities to specialty care community, strengthening in-person therapy and attracting main orthopedic surgeons and physicians
- With Theater launch, value-based MSK care visionary continues spine & joint care transformation, difficult excessive price/low affect hospital-based therapy with groundbreaking care mannequin
- Combining proprietary software program, cutting-edge services, and modern procedures, Theater ushers within the subsequent technology of advanced specialty care
LOS ANGELES, April 26, 2024 /PRNewswire/ — Commons Clinic, a number one value-based doctor group reinventing musculoskeletal (MSK) care, as we speak introduced its $9.75 million funding in Marina Orthopedic & Backbone Institute (MOSI), a trailblazing Los Angeles-metro impartial surgical procedure heart that has set a nationwide normal for minimally invasive spine and joint procedures. Commons’ funding expands its community of ambulatory surgical procedure facilities (ASCs) whereas rising its capabilities by way of its proprietary surgical care platform, Theater, additionally formally launched as we speak. Theater is a full-stack know-how answer that enables specialty surgical procedure facilities to scale and automate therapy pathways between services, enabling and accelerating the migration of orthopedics to ambulatory-first care.
Analysts undertaking that 85% of all healthcare procedures shall be carried out in outpatient settings by 2028, with progress pushed by innovation, distinctive partnerships, and novel product launches. More and more advanced and novel MSK procedures are migrating to ASCs, delivered safely and successfully by main specialists at charges 35-50% decrease than hospital settings whereas additionally enhancing affected person experiences and outcomes. Comparatively, hospital-based orthopedic care is delivered at an astronomically excessive worth (starting from $95,600 – $221,000). In partnership with actuarial agency Accorded, Commons’ proprietary evaluation of economic claims information means that regardless of this ambulatory evolution, 90% of all expenditures for spinal surgical procedure in Los Angeles are nonetheless concentrated in hospitals, resulting in an uncontrollable price pattern and monetary toxicity for sufferers.
Led by physician-owners and Commons suppliers Sanjay Khurana, M.D., and Michael Port, M.D., MOSI has handled hundreds of advanced spine maladies. Dr. Khurana is a board-certified spine care specialist who has performed hundreds of surgical procedures spanning the whole spinal axis. He operates on the forefront of orthopedic therapy, performing procedures together with Whole Disc Replacements that symbolize an enormous enchancment over spinal fusions concerning price and affected person mobility. Dr. Khurana additionally co-leads the not too long ago launched Middle for Backbone Economics, Outcomes & Analysis.
Dr. Port is a nationwide chief in anesthesia and Enhanced Restoration After Surgical procedure (ERAS) protocols for advanced, ambulatory spine procedures. As a double-board licensed ache administration specialist, he has intensive trauma expertise, taking a personalised, extremely detailed strategy that targets particular nerve roots to determine a extra concise prognosis and keep away from pointless medicine.
“We developed Theater to harness and quickly scale breakthroughs by doctor innovators like Drs. Khurana and Port throughout Commons’ nationwide facility community,” stated Nick Aubin, CEO and co-founder, Commons Clinic. “We consider that advancing ambulatory care is foundational to rebuilding neighborhood healthcare infrastructure, lowering reliance on high-cost hospital methods and utilizing know-how to attain healthcare’s quadruple goal. With Theater, we’ll usher in a brand new, disruptive period for specialty care.”
Theater – a nod to the working theater’s historic affect on innovation and world well being – is an built-in, ambulatory surgical platform that mixes:
- Trendy, Full-Stack Know-how Platform: Theater gives an end-to-end utility suite for specialty surgical procedure facilities. It powers Commons’ community of surgical procedure facilities by expediting processes throughout evidenced-based care pathways, mission-critical workflows, and employees productiveness. Theater’s software program suite is constructed to satisfy the quickly evolving wants of orthopedic clinicians, nurses, and directors, delivering new improvements to the final mile of care and including a trusted, augmented software program coworker to high-value groups.
- Vertical-Specialised Working Suites: Theater’s superior ambulatory working rooms (ORs) are tailor-made to the wants of sub-specialty care packages throughout spine therapy, joint replacements, cardiology, and extra. The platform connects superior surgical merchandise, together with cutting-edge robotics, imaging, and endoscopy, to create scalable, tailor-made OR options that drive elevated case complexity and effectivity.
- Precision Surgical Pathways: Theater’s proprietary care algorithms leverage real-world proof to optimize process choice and planning, implant and {hardware} utilization, and high-impact ERAS protocols.
Commons is dedicated to delivering higher outcomes, capabilities, and experiences to sufferers in ASCs. Its Theater platform removes extremely advanced circumstances from hospital settings lagging within the latest care methods and strikes it into neighborhood surgical procedure facilities, the place Commons’ physicians can advance the probabilities of MSK care. The orthopedic innovator plans to proceed increasing Theater, with a purpose of implementing it into dozens of hyper-specialized surgical procedure facilities throughout the nation by 2026.
To study extra about Commons Clinic, go to: commonsclinic.com.
About Commons Clinic
Commons Clinic is a specialty well being system providing all-inclusive, professional care. The platform converges value-based care, elite physicians, and a portfolio of state-of-the-art ambulatory services and surgical facilities to supply an end-to-end service that delivers an outstanding expertise to sufferers. The corporate has raised greater than $33M in enterprise capital from RA Capital Administration, Floating Level, Time BioVentures, and Courtside Ventures, amongst others. Based in 2021 by Nick Aubin and Paulo da Costa, Commons Clinic is predicated in Los Angeles.
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SOURCE Commons Clinic
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