Together, the practices employ more than 200 physicians and other healthcare providers such as physician assistants, nurse practitioners and physical therapists. Last year, they served more than 500,000 patients.
OA will operate under its current name, and both groups will keep their relationships with hospital, health system and community partners. Through the merger, the two groups gain scale to stay viable, John Wipfler, CEO of OA, said in a news release. The merger is also expected to lead to more efficient and effective evidence-based processes.
The two groups have worked together in the past. In 2011, along with two other physician practices, OA and Spectrum Medical Group formed Specialty Solutions, an association of independent specialty physician practices. Also, Spectrum provides anesthesiology and radiology services to OA.
“The similarity in the core values and long-term visions of our organizations were key reasons we approached Spectrum about the possibility of merging,” Douglas Brown, MD, president of OA, said in the release.
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