Orthopedic Care Partners (OCP), a portfolio company of Varsity Healthcare Partners, announced its strategic affiliation with Palm Beach Hand to Shoulder in Jupiter, Florida.
Palm Beach Hand to Shoulder is an orthopedic practice owned by Veronica A. Diaz, MD, a board-certified, shoulder fellowship-trained orthopedic surgeon. Since 2010, Dr. Diaz has performed thousands of procedures and specializes in the management of degenerative, traumatic and sports-related conditions of the shoulder and upper extremity. According to its website, Dr. Diaz is the only provider on staff.
OCP is a strategic partner and support organization for top-performing orthopedic practices across the United States. OCP made four acquisitions during 2023, and three during 2022.
“I am thrilled to be joining Orthopedic Care Partners. Aligning with OCP marks a significant advancement for my practice, broadening our reach and enhancing our capacity to deliver top-tier orthopedic care in Palm Beach County,” stated Dr. Diaz.
The partnership marks OCP’s second practice location in South Florida, adding to OCP’s 12 affiliations throughout Florida. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition marks the 45th Physician Medical Group transaction of the year, and the second in the orthopedic specialty. Earlier in the month, Mercy Health announced the acquisition of Orthopedic Institute of Western Kentucky for an undisclosed price.
