United Musculoskeletal Partners announced today its merger with Dallas-based Novum Orthopedic Partners to form a physician-owned orthopedic platform. In addition, Denver-based Panorama Orthopedics joins Atlanta-based Resurgens Orthopaedics and Dallas-based Arlington Orthopedic Associates as co-founding partners of UMP.
UMP, led by CEO Alex Bateman, is a joint venture of leading orthopedic practices and private equity group Welsh, Carson, Anderson & Stowe. With the addition of Novum and Panorama, UMP grows to nearly 190 physician partners and 320 total providers across Colorado, Georgia and Texas.
Backed by A&M Capital Partners, Novum launched its orthopedic platform in December 2021 by bringing together AOA, Abilene Sports Medicine & Orthopedics and Waxahachie Orthopedic and Sports Medicine and investments in two surgical facilities captive to those practices. Read more.