Amherst, N.Y.-based Excelsior Orthopaedics is rethinking its business strategy and postponing plans for a new facility over projected financial losses related to COVID-19, Buffalo Business First reports. Continued operations will require more collaboration among providers than normal, Vice President of Business Development Mark Wolbert told Buffalo Business First. “The reality of the situation is, especially for a specialty group like ours, we have to see patients and perform surgeries to be paid, so the reduction in that capacity and our ability to do that will inevitably result in our need to consolidate.”
Read the full article: Orthopedic Group VP: COVID-19 Losses ‘Will Inevitably Result in Our Need to Consolidate’ //
Source: https://www.beckersspine.com/orthopedic-spine-practices-improving-profits/item/48614-orthopedic-group-vp-covid-19-losses-will-inevitably-result-in-our-need-to-consolidate.html