Stamford, CT – June 26, 2024 – In a significant move within the orthopedic landscape, Spire Orthopedic Partners, a premier network of orthopedic practices, has announced a partnership with Ortho Rhode Island (Ortho RI), including its affiliated ambulatory surgery center. This strategic alliance marks a pivotal moment, establishing the largest orthopedic platform in the Northeast and underscoring the growing strength of orthopedic partnerships in delivering exceptional patient care.
Formed in 2015 through the merger of four distinguished Rhode Island practices, Ortho RI has become a leading independent orthopedic group in New England. Based in Warwick, Rhode Island, Ortho RI is renowned for providing top-tier clinical care across six locations, complemented by a state-of-the-art ambulatory surgery center. The practice is distinguished by its commitment to clinical excellence and innovation, embracing advanced technologies such as robotic-assisted surgery, minimally invasive nano arthroscopy, and cutting-edge orthobiologic treatments. Furthermore, Ortho RI enhances patient convenience and comprehensive care through ancillary services including advanced imaging, orthopedic urgent care, durable medical equipment, and specialized physical and occupational therapy.
Ortho Rhode Island Exterior: A leading orthopedic partner in New England
Ortho Rhode Island will maintain its established brand identity, ensuring continuity for patients and the community. Dr. Michael Bradley, the long-serving President and Chief Executive Officer of Ortho Rhode Island, will take on the additional role of Chief Medical Officer. He will continue to spearhead Ortho RI’s operations alongside a newly formed Clinical Governance Board, ensuring physician leadership remains central to patient care decisions. The practice’s 35 board-certified physicians offer a comprehensive suite of evidence-based treatments across a spectrum of orthopedic specialties. These include expert care for elbow, foot and ankle, hand and wrist, hip, joint replacement, knee, pediatric orthopedics, rheumatology, shoulder, spine, and sports medicine needs, making it a comprehensive orthopedic partner for patients of all ages and conditions.
“We are incredibly excited to welcome the esteemed physicians of Ortho Rhode Island into the Spire Orthopedic Partners family,” stated Christopher Fusco, Chief Executive Officer of Spire. “Dr. Bradley and his colleagues are recognized leaders in their respective fields and perfectly embody the high standard of clinical excellence and patient-centric care that defines our platform.”
Dr. Michael Bradley commented, “At Ortho Rhode Island, our primary focus is on delivering outstanding clinical outcomes and ensuring an exceptional patient experience. Partnering with Spire Orthopedic Partners provides us with access to their resources and management expertise, which will empower us to strategically expand Ortho RI. This expansion will allow us to extend our reach into new and existing markets, ensuring more patients benefit from our high-quality orthopedic care.”
Spire Orthopedic Partners is backed by Kohlberg & Company, a leading private equity firm based in New York. As a physician-majority-owned organization, Spire delivers management services and operational support to orthopedic and spine practices across New York, Connecticut, Rhode Island, and Massachusetts. This partnership with Ortho RI further solidifies Spire’s commitment to building a physician-led, patient-focused network of orthopedic partners.
About Spire Orthopedic Partners
Headquartered in Stamford, Connecticut, Spire Orthopedic Partners is dedicated to creating a dynamic partnership of leading orthopedic practices. Spire provides robust support, essential capital, and operational expertise, enabling physicians to cultivate thriving practices in today’s evolving healthcare environment. The Spire network now encompasses over 165 physicians, 1,800 employees, 285 advanced clinical providers, and 40 locations across the Northeast, including New York, Connecticut, Rhode Island, and Massachusetts. For further information, please visit https://spireortho.com.
About Kohlberg & Company
Kohlberg & Company is a preeminent U.S. middle market private equity firm located in Mount Kisco, New York. With a 37-year track record, the firm has managed eleven private equity funds, accumulating over $15 billion in capital commitments. Since its inception, Kohlberg’s private equity investments have generated over $10 billion in realized returns, with no realized losses since 2007. The firm strategically invests in leading middle market businesses identified through its intensive White Paper Program across six core practice areas. For more information, please visit www.kohlberg.com.
