Chicago, IL – October 25, 2022 – Paratus Healthcare Partners, LLC, a specialty transaction advisory firm, is pleased to announce its successful representation of Midland Orthopedic Associates, on its recent partnership with UnityMSK.
Midland Orthopedic Associates (“MOA”) has serviced the greater Chicagoland market for more than 50 years, providing high-quality orthopedic services to the Chicagoland market through its physician offices and hospital affiliations around the city of Chicago.
“We’re excited to welcome the MOA physicians and support team to UnityMSK’s growing practice,” said Jon Garfield, UnityMSK’s CEO. “During the last 50 years, they have excelled by building a team of accomplished orthopedists with expertise and a passion for musculoskeletal care.”
On joining UnityMSK, Dr. William Heller, of MOA, stated, “We chose to partner with UnityMSK because we recognized the importance and value that scale brings to MOA – particularly in the wake of COVID-19, and UnityMSK’s expanding relationships in the Midwestern U.S. As physician groups across the nation all continue to work hard to rebound from the impacts of COVID, we recognized both the immediate and long-term benefits of aligning with a national organization singularly focused on orthopedics. This was a tremendous opportunity to equip our practice to better serve our patients, hospitals, and referring physicians going forward.”
On partnering with Paratus, Dr. Heller, continued, “When we began this process with Paratus, we never could have imagined the value that Paratus would bring to our group, the transaction process, and our overall valuation. Without the expertise and experience that Paratus provided, we simply would not have been able to realize this opportunity at this time. The value and guidance that Paratus provided consistently exceeded our expectations. They were a value-add both financially and operationally.”
Scott Seberg, Co-Founder of Paratus Healthcare Partners added, “It was a true pleasure to collaborate with the physician shareholders of MOA, and to be able to support them in every phase of what can already be a complex decision-making process. For us, each deal is unique, but the reward of helping our clients achieve their desired outcome is always our greatest takeaway.” For more information about Paratus Healthcare Partners please visit us at www.paratushealthcarepartners.com
UnityMSK, is a national platform providing support services to practices offering the full continuum of musculoskeletal care. As a physician-led practice, our mission is to allow practices to maintain their clinical autonomy, identities and brands while receiving best-in-class support that removes barriers to quality care and empowers practitioners to achieve more. The resulting growth and efficiency improvements provide benefits for physicians, patients, and payors. Using a proven healthcare services model, UnityMSK provides consistent, high-quality care to patients, while delivering enhanced value to the hospitals, clinics, and the referring physicians we serve. Learn more at www.unitymsk.com.
About Paratus Healthcare Partners:
Francis J. Curry and Scott S. Seberg are the founding principals of Paratus Healthcare Partners. Collectively, Messrs. Curry and Seberg have advised more than thirty (30) unique physician organizations – both from the Buyer and Seller perspective – encompassing more than $1.6 billion in realized value.
As a firm, Paratus focuses on advising physician practices regarding matters of strategic planning, including the exploration of merger and acquisition opportunities, as well as avenues for access to capital including both debt and equity markets.
The principals of Paratus demonstrate extensive “real-world” experience working in C-Suite roles across multiple hospitals and private practice settings, making us one of the only advisory firms who understand the challenges facing healthcare providers, giving us an incredibly unique perspective.
Paratus operates business offices in both Austin, Texas and Chicago, Illinois.
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