TAMPA, Fla., March 3, 2020 /PRNewswire/ -- Florida Orthopaedic Institute (FOI) and the five practices of OrthoCare Florida (OrthoCare) have merged to form the largest orthopedic practice in Florida and the thirteenth-largest in the United States.
The combined entity, which will take the Florida Orthopaedic Institute name, will now serve more than 150,000 patients through its 150 providers at 17 locations across Tampa Bay.
"Both practices share the same values and commitment to providing world-class, patient-centered care," added Roy Sanders, M.D., president and chief medical officer at Florida Orthopaedic Institute. "This bond will allow us to continue leading the way in terms of innovative technology and services."
"We are very fortunate to be creating an alliance of well-established physician-led practices with excellent reputations," said John Kilgore, M.D., President of OrthoCare Florida. "Patients will now have even more convenient access to comprehensive and advanced orthopedic and sports medicine care, no matter where they live in Tampa Bay."
The merger was led by Tampa-based MD Healthcare Partners, which will provide executive management services and growth resources to support the practice's continued growth across Florida.
"Bringing Florida Orthopaedic Institute and OrthoCare together was a natural extension for each growing practice," said Mike Doyle, chief executive officer of MD Healthcare Partners, who has assumed the same role with Florida Orthopaedic Institute as part of the merger. "It will allow us to better service our communities and patients and is the first step towards our combined vision of expanding our ability to provide the best orthopedic care in the state."
As a result of the merger, Florida Orthopaedic Institute will expand to 17 offices in Tampa, Brandon, Riverview, Palm Harbor, Sun City Center, Wesley Chapel, Largo, St. Petersburg, New Port Richey, Trinity and Clearwater, as well as two Orthopedic Urgent Care centers and eight affiliated outpatient surgery centers.
The practice will continue to offer a comprehensive range of specialized orthopedic services, outpatient surgery, diagnostic imaging, as well as complementary services, such as physical and occupational therapy, rehabilitation, and chiropractic care.
At a time when many physicians struggle to remain independent, the FOI merger will ensure that the practice continues to be physician-led with a stable corporate infrastructure for employees, who will all be retained in the merger.
Florida Orthopaedic Institute will also continue its existing hospital affiliations, as well as medical residencies and fellowship programs with the University of South Florida. The merger will allow FOI, which is home to some of the most published physician research programs, to extend those programs throughout the region, and add research opportunities in partnership with FORE and FIVE Labs, an orthopedic-based research facility.