Illinois Bone & Joint Institute (IBJI) and Lake Cook Orthopedics will soon bring their resources together as one. The merger will become effective as of October 1, 2016. Once the merger is complete, says the August 24, 2016 news release, the combined team will include more than 100 physicians and 22 clinic locations.
According to Lake Cook Orthopedics Managing Partner Gregory T. Brebach, M.D., “Lake Cook Orthopedics and IBJI have a long history of providing superior care to patients throughout the northwest suburbs and Chicago metropolitan area respectively. We share the belief that the most cost effective and innovation-driven care model for our patients is one in which physicians are responsible for practice leadership. As physician leaders, we place the highest priority on ensuring that our patients have access to the latest clinical expertise, treatments and technologies. This merger expands IBJI’s scale and capabilities while providing managerial expertise and resources needed to thrive in today’s increasingly competitive healthcare environment.”
“This merger is an ideal fit for these two practices, ” said IBJI founder and CEO Wayne Goldstein, M.D. “Both practices have grown by building a reputation for delivering exceptional care and expertise. We are united in our commitment to providing the best possible care for the communities we serve.”
According to Dave Wold, IBJI’s chief operating officer, “There is a growing body of evidence that independent, well-managed, physician-owned practices like ours are able to provide extremely high quality care at a lower cost to the patients we serve. As our two practices join forces, we will be able to expand our reach and offer this model of exceptional care at lower cost to a wider patient population.”
Dr. Goldstein told OTW, “We’d like the community to know that IBJI’s commitment is to provide exceptional care and service to our patients. IBJI is excited about our new relationship with Lake Cook Orthopedics. They are quality providers who share our commitment to excellence.
“We will communicate with the community that IBJI has partnered with quality surgeons who share our vision of providing exceptional care that is affordable.”
