Atlanta, Georgia-based United Musculoskeletal Partners (UMP) has merged with Dallas, Texas-based Novum Orthopedic Partners, an orthopedic practice management company creating a network of 320 orthopedic care providers across several states.
Included in this announcement was the news that UMP is also adding Denver, Colorado-based Panorama Orthopedics as a founding practice. Panorama joins founding partners Atlanta, Georgia-based Resurgens Orthopaedics and Dallas, Texas-based Arlington Orthopedic Associates.
Resurgens Orthopaedics, Georgia’s largest orthopedic practice, together with New York, New York-based Welsh, Carson, Anderson & Stowe, a private equity firm, created UMP in December 2021. With the addition of Novum and Panorama, UMP will have a presence in Colorado, Georgia, and Texas that includes almost 190 physician partners and 320 providers.
UMP is a physician-owned management services company that focuses on musculoskeletal care. The company’s goal is to “partner with entrepreneurial, physician-owned orthopedic practices to deliver exceptional clinical care to patients around the country while simplifying the management functions of the practices under one umbrella company.”
UMP CEO Alex Bateman said, “This merger will allow UMP to continue adding like-minded practices to our footprint, as we build the leading musculoskeletal enterprise in the nation.”
In December 2021, Novum created a new Texas-based orthopedic practice management platform, investing in Arlington Orthopedic Associates; Abilene Sports Medicine & Orthopedics; Waxahachie Orthopedic and Sports Medicine; Abilene Center of Orthopedics and Multispecialty Surgery; and Baylor Scott & White Orthopedic Spine Hospital at Arlington.
For OTW’s coverage of Novum’s investments, see “Novum Orthopedic Partners Invests in Five Texas Practices.”
Novum Chief Development Officer Eric Slimmer commented, “The timing was serendipitous that we could merge these two newly formed ventures into one, high-performing platform.”
Slimmer continued, “Our visions are aligned and that favorably positions us to execute on our goals together.”
