Novum Orthopedic Partners expands its physician practice management platform in Dallas-Fort Worth with investment in North Texas orthopedic and spine center

DALLAS–(BUSINESS WIRE)–Novum Orthopedic Partners (Novum), a leader in orthopedics and spine practice management, has made a strategic investment in North Texas Orthopedic and Spine Center based in Dallas-Fort Worth (NTO), one of the regions most respected orthopedic practices. NTO offers a full range of musculoskeletal services, including orthopedic consultations, surgeries, pain management, diagnostic imaging and physical therapy through an integrated care network.

“Novum’s footprint in the Dallas-Fort Worth region is growing rapidly, and we see an opportunity to operationalize our practice in a way that delivers more value to patients, physicians and the leadership team,” said Lora Fulmer, Chief Executive Officer. in the NTO. . “By joining forces with Novum, we expect to simplify burdensome administrative tasks for our staff, particularly in areas such as billing and compliance, while providing our physicians with real-time operational and clinical benchmarks to improve patient outcomes and the overall performance of the practice.”

“Novum’s ability to deliver value to practice providers and improve the patient experience are just two reasons to join the Novum team,” added Dr. Michael Briseño, President and Spine Surgeon at NTO. “Our physician group is excited to enter this new era of medicine by partnering with Novum and their growing group of outstanding orthopedic providers and support networks.”

The investments are a continuation of Novum’s strategy of partnering with entrepreneurial orthopedic practices across the US. provide best-in-class clinical care. With the closing of NTO, Novum has expanded its practice management platform to include 47 orthopedic and spine physician partners and more than 400 employees at 10 practice locations, 3 affiliated surgical facilities and 10 physical therapy locations in Texas .

“We have developed an attractive, fast-growing model focused on delivering technology-enabled infrastructure and exceptional staff,” said Eric Slimmer, Novum’s Chief Development Officer. “The model empowers independent orthopedic practices to remain locally managed and physician-led, while equipping them with data-driven solutions that create a better experience for patients and physicians.”

“We are excited to welcome the NTO team to the Novum partnership,” said Alex Sacripanti, Vice President at AMCP. “NTO’s commitment to best-in-class clinical quality, along with Novum’s access to our resources and capital investments, creates a powerful partnership to grow and expand Novum in the very attractive Texas market. We are excited to partner with their team of providers.”

About North Texas Orthopedic and Spine Center

Since 1990, North Texas Orthopedics & Spine Center has been committed to providing its patients with the highest level of compassionate, specialized orthopedic and sports medicine care. Recognized as the region’s preferred orthopedic practice, NTO specialists are leaders in the diagnosis and treatment of the musculoskeletal system, offering surgical and non-surgical treatments for every injury and condition of the bones, joints, muscles, tendons and ligaments, including knee arthritis, the ankle. hip sprains and fractures. To learn more, please visit www.ntxortho.com.

About Novum Orthopedic Partners

Novum Orthopedic Partners is an innovator in the field of orthopedic practice management. The Company’s model allows practices of all sizes to maintain local autonomy and independence while achieving the benefits of scale in a national team environment. Novum’s time-tested strategy, structure and model are designed to meet future demands and deliver sustainable growth. For more information, please visit www.novumortho.com.

About A&M Capital Partners

A&M Capital Partners (“AMCP”) is Alvarez & Marsal Capital’s flagship investment strategy focused on middle market control transactions in North America, with total assets under management of over $2.9 billion. AMCP partners with founders, corporations and management teams to provide the capital and strategic assistance it believes is necessary to take businesses to the next level of success. AMCP invests in businesses in a wide range of sectors, including Industrial Products, Consumer Products and Services, Healthcare, Business Services and Government Services.

About Alvarez & Marshall Capital

Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.2 billion in total assets under management across four funds and three investment strategies. The privately held firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally focused advisory firms in the world. AMC’s business model combines a focus on middle market private equity investing with A&M’s deep operational expertise, industry knowledge and global corporate relationships, making it an extremely attractive partner for management teams, corporations and owners. businesses.

About Alvarez & Marsal

A&M is an independent, privately held global professional services firm that leverages an industry-leading group of experienced executives who help businesses improve performance, solve problems and unlock value for stakeholders. A&M has over 6,000 operational professionals and employees in 67 offices in North America, Europe, the Middle East, Asia and South America. A&M has expertise in all major industry sectors and broad functional capabilities in nearly all key areas of a business enterprise, including, but not limited to, operations, revenue growth, sales and marketing, manufacturing, IT, finance, working capital management, supply chain and logistics, real estate, human capital management, merger integration and excavated support.

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