On October 30, OrthoIndy announced that it was purchasing Indiana Hand to Shoulder Center for an undisclosed amount.
Indiana Hand to Shoulder Center is an orthopedic practice with 10 locations across Indiana. According to its website, there are 12 physicians on staff.
OrthoIndy is an orthopedic practice based in Indiana. With more than 85 physicians on staff, the practice operates out of 13 locations across the state.
“This alignment works to ensure that we will continue to serve the community’s orthopedic needs as an independent physician practice, which we believe is vital to Indiana’s healthcare ecosystem,” said John Ryan, CEO of OrthoIndy. “In a world where we more often read headlines about health systems acquiring physician practices or physician practices selling to private equity, we believe that now more than ever independent physician practices are the key to delivering the highest quality, reasonably-priced care to the communities we serve.”
Through the merger, OrthoIndy and Indiana Hand to Shoulder Center will share operational resources to serve patients with the highest level of clinical expertise and experience, as well as an expanded geographic footprint.
According to data captured in the LevinPro HC database, this acquisition marks the 411th Physician Medical Group and the 17th in the orthopedic specialty.
