Integrated Orthopaedics changes course
In Brief
Integrated Orthopaedics changes course
Integrated Orthopaedics Inc., the American Stock Exchange-listed specialty practice management company in Houston, has decided to unbundle its services, offering practices a choice of just how involved they want the company to be.
Ron Pierce, president and chief executive officer, says PMC models don’t allow for statewide and regional market variability. Integrated manages practices in five states. "Our goal isn’t going to be to buy businesses but to provide the services that will allow the practice to grow," he says. "We will acquire practices only if appropriate. But if they don’t want to sign a long-term agreement, we can do an affiliation model where we manage and provide services for a fee. And if they don’t want our management but they want to build ancillary services, we will co-own those. Or if they want consulting on specific issues, we will do that."
Pierce says Integrated can then have a broader appeal to a larger percentage of the orthopedics market — especially to practices that need services but aren’t comfortable with one structure. "Historically, physicians had trouble just buying what they need rather than all a company can do. Now they have that choice."
Subscribe Now for Access
You have reached your article limit for the month. We hope you found our articles both enjoyable and insightful. For information on new subscriptions, product trials, alternative billing arrangements or group and site discounts please call 800-688-2421. We look forward to having you as a long-term member of the Relias Media community.