South Bend Orthopaedics enters into partnership with OrthoAlliance
South Bend Orthopaedics enters into partnership with OrthoAlliance
SOUTH BEND, Ind., March 8, 2023 /PRNewswire/ — ASCs Inc. is pleased to announce that one of the leading orthopaedic groups in the Midwest, South Bend Orthopaedics (SBO), has entered into a partnership with OrthoAlliance. The partnership will enhance SBO’s success and comprehensive approach to delivering specialized bone, joint, and muscle care to more patients throughout northern Indiana.
“Our entire team at SBO is excited to join OrthoAlliance, which has quickly grown into the Midwest’s most prominent orthopaedic network,” said Dr. A.J. Mencias, President of South Bend Orthopaedics. “At SBO our goal is to get our patients back in the game, whether that means sports, work, or just everyday life. We provide specialized care for our surgical and rehabilitation patients, as well as those suffering from work-related or sports injuries. Our comprehensive service line including plastic and reconstructive surgery, anesthesia, neurosurgery, and podiatric care will continue to support the needs of our community. Our new partnership with OrthoAlliance will enhance the exceptional care we are known for.”
SBO operates clinics in South Bend, Mishawaka, Elkhart, Plymouth, and LaPorte, Indiana which are staffed by an experienced and accomplished team of physicians, physician assistants, physical therapists, athletic trainers, physical therapy assistants, and occupational therapists.
South Bend Orthopaedics was represented by ASCs Inc. through the transaction process. “Jim Freund and the ASCs Inc. team supported us throughout the process. Their knowledge and expertise were extremely valuable at critical junctures during this very intensive process,” added Dr. Mencias. “They truly helped us to realize an exceptional result.”
ASCs Inc.’s Managing Partner Jim Freund added, “We are proud to have had the opportunity to help SBO realize their goals. It was a pleasure to work with the exceptional leadership team at SBO and we would like to recognize the efforts of their senior management team as well as OrthoAlliance for working together in a synergistic and timely manner to make this a true win-win for both organizations.”
Patients will experience no changes in the doctors they trust or the services they rely on from SBO but will benefit from greater access to the latest surgical and medical advances as well as additional resources and investment in the latest technologies.
Since 1947 South Bend Orthopaedics has focused on providing every patient with the best orthopaedic care available. A “Tradition of Excellence in Orthopaedics” is SBO’s mission, and is reflected in their relationship with the University of Notre Dame. South Bend Orthopaedics, with additional locations in Mishawaka, Plymouth, La Porte and Elkhart, IN has provided the orthopaedic surgeons for Notre Dame’s athletic department since 1949. More information at https://www.sbortho.com/.
OrthoAlliance is a leading national, patient-centered, physician-led management services organization that helps orthopaedic practices grow and thrive in an ever-changing healthcare landscape. Formed in partnership with leading Midwest physician practices and Revelstoke Capital Partners, a Denver-based private equity firm in 2019, OrthoAlliance’s partner practices feature over 170 physicians across all orthopaedic and sports medicine specialties. OrthoAlliance strives to attract the most talented physicians and staff and deliver the highest quality care in the industry. More information at https://orthoalliance.com/.
For over 20 years ASCs Inc. has been the only national healthcare firm focused exclusively on representing the best interests of physician-owners who are considering a strategic partnership for their practices and surgery centers. Their industry-leading team leverages the knowledge, experience, and expertise gained from successfully managing over 300 complex and time-consuming transactions and enabling their clients to realize the best holistic financial and non-financial results using their risk-free approach. More information at https://www.ascs-inc.com/.
More Insights
South Bend Orthopaedics enters into partnership with OrthoAlliance
SOUTH BEND, Ind., March 8, 2023 /PRNewswire/ -- ASCs Inc. is pleased to announce that one of the leading orthopaedic groups in the Midwest, South Bend Orthopaedics (SBO), has entered into a partnership with OrthoAlliance. The partnership will enhance SBO's success and comprehensive approach to delivering specialized bone, joint, and muscle care to more patients throughout northern Indiana. "Our entire team at SBO is excited to join OrthoAlliance, which [...]
Becker’s 19th Annual Pain and Orthopaedic Conference Takeaways
Representatives of ASCs Inc. recently presented at the Becker’s 19th Annual Spine and Orthopaedic Conference held June 16-22, 2022 in Chicago. The following article includes excerpts from two presentations: Jim Freund, Managing Partner of ASCs Inc. was on panels addressing Is it the Right Time to Sell? What Happens Next? And ASC Management and Transactions: Big Trends for 2023 Jason Winokur and Stephanie [...]
Florida Urology Center Enters into Partnership with US Urology Partners
PALM COAST, Fla., July 7, 2022 /PRNewswire/ -- ASCs Inc. is pleased to announce that Florida Urology Center and Physicians Ambulatory Surgery Center has entered into a partnership with U.S. Urology Partners. "Florida Urology Center's mission of providing quality, affordable and compassionate care to its patients was the basis on which we founded our practice and our surgery center," states Dr. Greg Parr, a founding partner. [...]
Is your healthcare organization considering a strategic transaction? 7 Qs with Jim Freund of ASCs Inc.
Healthcare transactions increased in the last year, with physician medical group deals jumping 119 percent year over year, according to a PwC report. The COVID-19 pandemic stressed many smaller physician-owned practices, and costs to run ASC businesses aren’t likely to drop any time soon. Many physicians are looking to merge with other independent physician groups, sell to a private equity firm or to [...]
Selling ASC & MOB Real Estate: The 2022 Outlook and Mistakes to Avoid
Many physicians who own their ASC and MOB real estate may be considering a sale-leaseback of their ASC/MOB real estate to take advantage of the increase in value of medical real estate. Due to the long-term success and profitability of ASCs, excellent credit history and rent coverage, and the likelihood that the ASC will remain in the same location for many years to [...]
Keith LeBlanc Joins ASCs Inc. as Senior Advisor
San Diego, CA., June 1, 2022 – ASCs Inc. is pleased to announce that Mr. Keith LeBlanc is joining our team as a Senior Advisor. “Keith has an incredible background and skill set that will be invaluable as we enter into more complex client engagements,” states Managing Partner Jim Freund. “I have known and worked with Keith for almost two decades and he is [...]
SOLD – Alaska Eye Surgery Center and MOB Real Estate
March 3, 2022 — ASCs Inc. and JH Winokur, Inc. are pleased to announce the closing of a real estate sale-leaseback transaction for the Alaska Eye Surgery Center and Laser Center and Alaska Lasik & Cataract Center located in downtown Anchorage, Alaska. The condominium units are located within the Ann Stevens Building, aka the American Red Cross of Alaska building. The Alaska Eye Surgery [...]
SOLD – Avala Surgical Hospital in Covington, Louisiana
February 23, 2022 — ASCs Inc. and JH Winokur, Inc. are pleased to announce the closing of a healthcare real estate sale-leaseback transaction for Avala Surgical Hospital (“Avala”) located in Covington, Louisiana. Avala is a premier 60,087 square-foot, 21-bed surgical hospital with 8 Operating Rooms and 3 Procedure Rooms, which offers some of the most innovative and minimally invasive surgeries in the south. Avala [...]
National Management Company Purchases Modesto Surgery Center
February 15, 2022 — ASCs Inc. is pleased to announce that the physician-owners of the Modesto Surgery Center have sold the ASC to a national Surgery Center Management Company and a syndicated group of surgeons. The physician-owners of the single-specialty ASC were seeking an exit strategy and a buyer for the ASC business that could provide the resources needed to grow the center, [...]
SOLD – Georgia Orthopaedic MOB/ASC Real Estate
February 9, 2022 — ASCs Inc. and JH Winokur, Inc. are pleased to announce the closing of a healthcare real estate sale-leaseback transaction for the Houston Orthopedic Surgery & Sports Medicine, Middle Georgia Orthopedics and Houston Orthopedic Surgery Center building located in Warner Robbins, Georgia. The 34,697 square foot building is home to the county’s dominant orthopaedic practices. The facility is home to an [...]
