OrthoBethesda enters into strategic partnership with Washington Orthopedics & Sports Medicine (WOSM)

BETHESDA, MD., January 10, 2022 / PRNewswire / – OrthoBethesda, a provider of orthopedic services managed and majority owned by physicians in the largest Washington DC and an Atlantic Street Capital (ASC) holding company, today announced a partnership with Washington Orthopedics and Sports Medicine (WOSM). The combination creates the leading orthopedic care service provider in the region with 27 world-class orthopedists.
Emil Engels, MD, President and CEO of OrthoBethesda, commented, “I am delighted to join a group of like-minded surgeons who are as committed to their patients and their practice as we are. Their hard work ethic, reputation and demonstrable value have been proven by the results distinguish WOSM. The OrthoBethesda team have known and respected the highly skilled and talented WOSM team for years, and we greatly admire what they have accomplished. Our partnership with WOSM makes it possible to invest in practices in this market and in other central Atlantic markets. in 2022, and further strengthens our position as the leading supplier network in the region. “
Dr. Sridhar Durbhakula and dr. Christophe Cannova, Co-Chairs of the OrthoBethesda Clinical Governance Committee, said: “All of us at OrthoBethesda respect the physician-led organization that WOSM has built over more than three decades. The partnership will help improve the quality of patient outcomes, coordinated care protocols and value-based contracts.
Andy wilkins, co-CEO of Atlantic Street Capital, and Georges parry, partner of Atlantic Street Capital, which invested in OrthoBethesda in 2018, said: “Our partnership with OrthoBethesda orthopedic surgeons has helped them extend the excellent care they provide to a more robust geography and population and enlarged. We plan to invest more in OrthoBethesda by partnering with high quality practices to drive continued growth, enter new geographies and positively influence orthopedic care in the world. Region.”
Dr. Ed magur and dr. Stu melvin, WOSM Partners and Board Members, said: “The culture and background of OrthoBethesda makes it a perfect fit for what we have built at WOSM. The combination of practices provides extensive coverage in the DMV region and provides physician diversification and an opportunity for organic growth. We look forward to growing and improving our business, while continuing to provide an exceptional work environment and the highest quality care to our patients. “
About WOSM
WOSM has provided the highest quality orthopedic medical and surgical care in the Washington metro area for over 35 years. The physician-led practice is comprised of 12 nationally recognized orthopedic surgeons who are trained by fellows. The level of training, education and experience of the WOSM team has led to recognition as a trusted care center for professional and Olympic athletes and to leadership positions in international societies d orthopedics and sports medicine, as well as in local hospitals and orthopedic care centers. WOSM provides patient care in three clinics in Washington DC and Maryland. For more information, visit www.wosm.com.
About OrthoBethesda
Founded in 1965, OrthoBethesda is a leading provider of comprehensive musculoskeletal care to patients of the greater Washington DC Marlet. OrthoBethesda employs 15 certified orthopedic surgeons specializing in the full spectrum of musculoskeletal care. OrthoBethesda provides patient care at three clinics as well as an affiliated surgical center and an affiliated ortho-specific emergency care center. For more information, visit www.orthobethesda.com.
About Atlantic Street Capital
ASC is a private equity firm that invests in lower middle market companies ready for the next level of growth. The firm targets entrepreneurial management partners and fundamentally sound businesses between $ 4 million and $ 25 million EBITDA, which will benefit from capital investments and value-added strategic and operational support from ASC. As a result, ASC works closely with management to unlock the underlying value of their business and help them be successful. For more information, visit www.atlanticstreetcapital.com.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
SOURCE OrthoBethesda