Spire Orthopedic Partners Announces Partnership with Ortho Rhode Island

Transaction Creates Largest Orthopedic Platform within the Northeast

STAMFORD, Conn., June 26, 2024–(BUSINESS WIRE)–Spire Orthopedic Companions, one of many nation’s largest orthopedic platforms, publicizes a brand new partnership with Ortho Rhode Island (Ortho RI) and its affiliated ambulatory surgical procedure middle.

Fashioned in 2015, Ortho RI was established from the merger of 4 distinguished practices in Rhode Island and has since developed into one of many main impartial orthopedic practices in New England. Headquartered in Warwick, Rhode Island, Ortho RI supplies the best high quality scientific care throughout six areas and a state-of-the-art ambulatory surgical procedure middle. Ortho RI is understood for its scientific excellence and management in scientific innovation by means of main applied sciences, together with robotic assisted surgical procedure, minimally invasive nano operative arthroscopy and orthobiologics remedies. Moreover, Ortho RI supplies varied ancillary service choices together with superior imaging, orthopedic pressing care, sturdy medical gear, and bodily and occupational remedy.

Ortho Rhode Island will proceed to function beneath its present model. Dr. Michael Bradley, Ortho Rhode Island’s longstanding President and Chief Govt Officer, will even assume the position of Chief Medical Officer and lead Ortho RI alongside a newly shaped Scientific Governance Board. The apply’s 35 physicians present the newest, evidence-based therapy throughout a wide range of specialties, together with elbow, foot and ankle, hand and wrist, hip, joint alternative, knee, pediatric orthopedics, rheumatology, shoulder, spine and sports activities medication.

“We’re thrilled to associate with the world-class physicians at Ortho Rhode Island,” mentioned Christopher Fusco, Chief Govt Officer of Spire. “Dr. Bradley and his companions are leaders of their fields and characterize an ideal strategic match for the high-quality platform we’re constructing.”

“At Ortho Rhode Island, our purpose is to supply the best high quality scientific outcomes and affected person expertise,” mentioned Dr. Michael Bradley. “We’re excited to associate with the staff at Spire to leverage their capital and administration sources to proceed to develop Ortho RI in ways in which permit us to broaden entry to our high-quality care in each new and present markets.”

Backed by Kohlberg & Firm, a number one personal fairness agency primarily based in New York, Spire is a majority doctor owned group which supplies administration companies to orthopedic and spine apply throughout New York, Connecticut, Rhode Island and Massachusetts.

About Spire Orthopedic Companions

Headquartered in Stamford, Connecticut, Spire Orthopedic Companions is a rising partnership of orthopedic practices that gives the help, capital and operational sources physicians have to develop thriving practices in at present’s evolving healthcare panorama. The Spire community spans the Northeast with greater than 165 physicians, 1,800 staff, 285 different scientific suppliers and 40 areas in New York, Connecticut, Rhode Island and Massachusetts. For extra data, go to https://spireortho.com

About Kohlberg & Firm

Kohlberg is a number one U.S. center market personal fairness agency primarily based in Mount Kisco, New York. Over the Agency’s 37-year historical past, the Agency has organized eleven personal fairness autos totaling in mixture over $15 billion in capital commitments. Since inception, the agency’s personal fairness investments have generated over $10 billion in realized returns with no realized losses since 2007. The agency invests in main center market companies which are recognized by means of its rigorous White Paper Program in its six core apply areas. For extra data, please go to www.kohlberg.com