Sports Medicine North Partners With Spire Orthopedic Partners
Greenwich, Connecticut-based orthopedic and spine care management services organization Spire Orthopedic Partners, has announced a new partnership with Sports Medicine North (SMN) and the affiliated Orthopedic Surgical Center of North Shore. The partnership will culminate in broad access to competitive, cutting-edge orthopedic care in the New England region.
This partnership is the fourth Spire has announced in the past six months and will add 20 physicians, 24 advanced practice providers, and 160 non-clinical team members to the company’s clinical network. The agreement with SMN marks Spire's second partnership in the state of Massachusetts.
Spire is a rapidly expanding national partnership of orthopedic practices, backed by New York private equity firm Kohlberg & Company. Spire provides support, administration, and resources for clinical practices, thus relieving management stressors and allowing physicians to focus on patient care. The Spire network includes over 100 physicians and nearly 1,000 employees at 23 locations in the Northeastern United States.
“We are privileged to partner with the esteemed physicians at Sports Medicine North,” said Spire CEO Timothy Corvino, M.D. “We were introduced to Sports Medicine North by trusted Spire network physicians leveraging long standing relationships with like-minded surgeons. We are continuing to build a national network of market-leading orthopedic and spine surgeons, and the team at Sports Medicine North exhibits the excellence in clinical care, innovation and patient experience for which Spire practices are known. We look forward to collaborating with Sports Medicine North to advance our mission in the evolving orthopedic landscape.”
Sports Medicine North, founded in 1994, is one of the most well-regarded comprehensive orthopedic and spine practices in the region. Based in Peabody, Massachusetts, SMN consists of 3 clinics, an MRI center and an ambulatory surgery center, which, combined, provided 110,000 office visits, 7,200 surgeries and 60,000 physical therapy appointments in 2021.
“Spire’s partnership with Sports Medicine North is representative of our growth strategy which focuses on partnering with well established, vertically integrated and market leading orthopedic practices,” Chris Fusco, Spire’s Chief Growth Officer, told OTW. “Spire will bring extensive experience and resources to strengthen Sports Medicine North as well as providing access to meaningful capital to execute an aggressive acquisition and growth strategy in the Massachusetts market. For the balance of 2022, we will continue to focus on partnerships in both new and existing primary markets nationally, further cementing Spire as the established leader in the orthopedic sector.”