Philadelphia-based Rothman Orthopaedics Institute, one of the country’s largest orthopedic practices, has announced a partnership with Leawood, Kansas-based NueHealth, an Ambulatory Surgical Platform company, and Denver, Colorado-based MUVE Health, a developer and operator of total joint and spine centers.
The companies plan to integrate their models and platforms, expanding and scaling the success that they have had together in the Greater Philadelphia market. The partnership will focus on expanding beyond the tri-state area and breaking into the orthopedic markets in Florida, Texas, and several Midwest states.
Alexander R. Vaccaro, M.D., Ph.D., MBA, president of Rothman Orthopaedic Institute, told OTW, “NueHealth has over 20-years’ experience developing, managing, and owning surgical facilities (surgery centers/specialty hospitals) throughout the United States. They currently manage/own over 50 facilities, including five surgery centers and two specialty hospitals with Rothman Orthopaedics in the Philadelphia and South Jersey areas. They have done an outstanding job over the years and this is why we are expanding our relationship through a national joint venture with their MUVE Centers.”
Dan Tasset, CEO of NueHealth, said, “We are very excited about the commitment of our Rothman partners to expand our platform integration and to scale the unprecedented clinical and economic success we have had together in the Greater Philadelphia market into new areas of the country.”
“Orthopaedics is leading the transition from fee-for-service care to value-based care and Total Hip and Knee Arthroplasty being delivered in tech-enabled, clinically integrated and purpose-built facilities like our MUVE Health centers is what the consumer, payor and employers are demanding.”
OTW spoke with John Palumbo, executive chairman of ValueHealth, the parent company of NueHealth and MUVE Health. Palumbo said, “Our partnership with Rothman Orthopaedics has changed the landscape of orthopaedic care in the Greater Philadelphia market. The expansion of our partnership will bring the highest value and clinical expertise that we have experienced locally to patients and orthopaedic practices nationwide.”
“The opportunity that exists for orthopedic practices is immeasurable. We are confident that this partnership accelerates the transformation of the industry from fee for service to value-based care.”
Palumbo continued, “The new joint venture will allow for the acceleration of ValueHealth’s mission of transforming ambulatory surgical care. This national partnership will give us the flexibility and capacity to invest more meaningfully in transforming our current NueHealth orthopaedic facilities, develop more MUVE Health hyper-specialty centers in target markets and deliver on the promise of value-based care for patients, payors and employers.”
