Cedars-Sinai Health System announced that, through its affiliate Huntington Health, it is purchasing two well-known California-based orthopaedic practices: Risser Orthopaedic Group and Orthopaedic Associates Inc.
Orthopaedic Associates Inc., founded more than 60 years ago, has 19 providers on staff. It operates out of Pasadena and Arcadia, California.
Risser Orthopaedic Group has nine providers on staff. The practice also has one location in Pasadena and one in Arcadia.
Established in 2017, Cedars-Sinai Health comprises Cedars-Sinai (Cedars-Sinai Medical Center and Cedars-Sinai Marina del Rey Hospital), Torrance Memorial Medical Center and their respective physician networks.
The two practices will strengthen Huntington Health’s network. The financial terms were not disclosed. This is Cedars-Sinai’s first acquisition of 2024.
According to data captured in the LevinPro HC database, this acquisition marks the 105th Physician Medical Group transaction of 2024, and the fifth in the orthopaedic specialty.
