Consolidation has snowballed among orthopedic groups over the last two years as independent providers strategize to maintain autonomy and capitalize on the shift to value-based care, Becker’s reports.
Since 2020, the orthopedic sector has seen a spike in the size and scope of private equity-backed management services organizations, which are building strong regional and national brands by aligning with high-quality surgeons and practices.
MSOs typically assist their affiliate practices with time-consuming administrative responsibilities, including coding, billing, compliance, payroll and revenue cycle management. MSOs aggregate volume and as such, obtain the best pricing for supplies, implants and payer contracts. They are increasingly owned by private equity investors and commercial payers, but hospitals, groups of physicians and hospital-physician joint ventures are also involved in the space. Read more.
