Spire Orthopedic Partners unites leading orthopedic and neurosurgical practices so they can grow, specialize and thrive in today’s healthcare landscape. We operate as a management services organization to provide the infrastructure needed for administrative operations.
Our work allows practices to operate at their highest level, so doctors can focus their efforts on what matters most – patient care.
Our Solutions
We know that each physician practice faces its own unique set of challenges and opportunities. We work with your team to identify how Spire can best serve your practice.
Growth
- Strategic Partnerships
- Joint Ventures
- Capital Investments
- Marketing & Web Presence
- Staffing
- Affiliations & Co-Management Arrangements
- Mergers & Acquisitions
- New Clinic Development
- ASC, MRI & Ancillary development
Finance
- Revenue Cycle & Billing
- Financial Management
- Cash Flow Management
- Accounting
- Payor Contracting & Negotiations
- Accounts Payable
- Payroll
Administration
- Human Resources
- Benefits Center
- Bundled Payments
- Accreditations
- Regulatory Compliance
- Employment Agreements
- Legal Support
- Referral Marketing & Generation
- Stark Compliance
- MACRA & MIPS
Technology
- Data Analytics
- IT Infrastructure
- Connectivity
- Telephony & Messaging
- Informatics
- Application Support
Operations
- Facilities Management
- Physician Relations
- Service Line Support
- Call Center
- Centralized Scheduling
Transaction Process
1. Non-Disclosure Agreement
- An agreement to not share confidential information or disclose discussions underway
2. Due Diligence & Finance Review
- Sharing of background information, data and additional information about the practice
3. Letter of Intent
- Framework for Definitive Agreement
- Outlines transaction value based on preliminary due diligence
4. Confirmatory Due Diligence
- Third-party quality of earnings review
- Compliance, coding & legal review
- ASC due diligence (if applicable)
5. Definitive Agreements
- Purchase agreement
- Provider employment agreements
- Management services agreement
- Other ancillary agreements
- Fair market value real estate lease (if applicable)
6. Closing
- All documents executed by both parties
- 60-90 days after beginning of preliminary due diligence
Want to know more?
We partner with like-minded, market-leading practices that want to shape the future of orthopedic medicine.