In January, Charlotte, N.C.-based OrthoCarolina made the strategic decision to sell off its physical therapy business to Atlanta-based PT Solutions Physical Therapy. In April, the practice made another major decision to part with 18 MRI locations, which it sold to Charlotte, N.C.-based Novant Health and partner MedQuest Associates. The system made that decision for a number of reasons, including a desire to grow its work in the ASC setting and legislation that will alter certificate of need laws in the state by the end of 2025. Leo Spector, MD, CEO of OrthoCarolina, spoke with Becker’s regarding the decision and how OrthoCarolina chose Novant Health as a successor for a major care line.
Read the full article: Why 1 Practice Decided to Sell Off 18 Locations and a Whole Service Line This Year //
Source: https://www.beckersspine.com/orthopedic/why-1-practice-decided-to-sell-off-18-locations-and-a-whole-service-line-this-year