OrthoPediatrics Corp. Announces Expansion of Specialty Bracing Division
OrthoPediatrics Corp. (KIDS) announced the expansion of its Specialty Bracing (OPSB) division into three new markets in Indiana, Colorado, and Florida. The OPSB division, launched in early 2024, aims to increase pediatric care access through new clinics and strategic acquisitions.
The company opened a new clinic in Indianapolis near Riley Children's Hospital and Peyton Manning Children's Hospital, established a new site within Nationwide Children's Hospital in Columbus, OH, acquired a clinic group in Colorado with plans for Denver area expansion, and acquired a clinic in Davie, Florida, serving as a foundation for statewide growth.
This expansion is part of OPSB's multi-year strategy to enhance access to non-operative pediatric orthopedic solutions through both greenfield clinics and strategic acquisitions, focusing on partnerships with pediatric orthopedic surgeons across different regions.
OrthoPediatrics Corp. (KIDS) ha annunciato l'espansione della sua divisione Specialty Bracing (OPSB) in tre nuovi mercati in Indiana, Colorado e Florida. La divisione OPSB, lanciata all'inizio del 2024, mira ad aumentare l'accesso alla cura pediatrica attraverso nuove cliniche e acquisizioni strategiche.
L'azienda ha aperto una nuova clinica a Indianapolis, vicino al Riley Children's Hospital e al Peyton Manning Children's Hospital, ha stabilito un nuovo sito all'interno del Nationwide Children's Hospital a Columbus, OH, ha acquisito un gruppo di cliniche in Colorado con piani per un'espansione nell'area di Denver, e ha acquisito una clinica a Davie, Florida, che funge da base per una crescita statale.
Questa espansione fa parte della strategia pluriennale di OPSB per migliorare l'accesso a soluzioni ortopediche pediatriche non operative, attraverso cliniche di nuova costruzione e acquisizioni strategiche, concentrandosi su partnership con chirurghi ortopedici pediatrici in diverse regioni.
OrthoPediatrics Corp. (KIDS) anunció la expansión de su división Specialty Bracing (OPSB) en tres nuevos mercados en Indiana, Colorado y Florida. La división OPSB, lanzada a principios de 2024, tiene como objetivo aumentar el acceso a la atención pediátrica a través de nuevas clínicas y adquisiciones estratégicas.
La empresa abrió una nueva clínica en Indianapolis, cerca del Riley Children's Hospital y el Peyton Manning Children's Hospital, estableció un nuevo sitio dentro del Nationwide Children's Hospital en Columbus, OH, adquirió un grupo de clínicas en Colorado con planes de expansión en el área de Denver, y adquirió una clínica en Davie, Florida, que sirve como base para el crecimiento a nivel estatal.
Esta expansión es parte de la estrategia a varios años de OPSB para mejorar el acceso a soluciones ortopédicas pediátricas no operativas a través de clínicas de nueva construcción y adquisiciones estratégicas, enfocándose en asociaciones con cirujanos ortopédicos pediátricos en diferentes regiones.
OrthoPediatrics Corp. (KIDS)는 인디애나, 콜로라도 및 플로리다의 세 개 새로운 시장으로 Specialty Bracing (OPSB) 부서를 확장한다고 발표했습니다. 2024년 초에 출범한 OPSB 부서는 새로운 클리닉과 전략적 인수를 통해 소아 진료 접근성을 높이는 것을 목표로 하고 있습니다.
회사는 Indianapolis에서 Riley Children's Hospital과 Peyton Manning Children's Hospital 인근에 새로운 클리닉을 열었고, Columbus, OH의 Nationwide Children's Hospital 내에 새로운 장소를 설립하였으며, 덴버 지역 확장을 계획하는 콜로라도 클리닉 그룹을 인수하고, 플로리다의 Davie에 클리닉을 인수하여 주 전역 성장의 기초가 되고 있습니다.
이번 확장은 OPSB의 비수술적 소아 정형외과 솔루션 접근성을 향상시키기 위한 다년간 전략의 일환으로, 신규 클리닉과 전략적 인수를 통해 다양한 지역의 소아 정형외과 의사와의 파트너십에 중점을 두고 있습니다.
OrthoPediatrics Corp. (KIDS) a annoncé l'expansion de sa division Specialty Bracing (OPSB) dans trois nouveaux marchés en Indiana, Colorado et Floride. La division OPSB, lancée début 2024, vise à augmenter l'accès aux soins pédiatriques grâce à de nouvelles cliniques et à des acquisitions stratégiques.
L'entreprise a ouvert une nouvelle clinique à Indianapolis près du Riley Children's Hospital et du Peyton Manning Children's Hospital, a établi un nouveau site au sein du Nationwide Children's Hospital à Columbus, OH, a acquis un groupe de cliniques au Colorado avec des plans d'expansion dans la région de Denver, et a acquis une clinique à Davie, en Floride, servant de base à la croissance à l'échelle de l'État.
Cette expansion fait partie de la stratégie pluriannuelle de l'OPSB visant à améliorer l'accès aux solutions orthopédiques pédiatriques non opératoires par le biais de cliniques de création et d'acquisitions stratégiques, en se concentrant sur des partenariats avec des chirurgiens orthopédiques pédiatriques dans différentes régions.
OrthoPediatrics Corp. (KIDS) gab die Expansion ihrer Specialty Bracing (OPSB) Abteilung in drei neuen Märkten in Indiana, Colorado und Florida bekannt. Die OPSB-Abteilung, die Anfang 2024 gegründet wurde, zielt darauf ab, den Zugang zur pädiatrischen Versorgung durch neue Kliniken und strategische Akquisitionen zu erhöhen.
Das Unternehmen eröffnete eine neue Klinik in Indianapolis in der Nähe des Riley Children's Hospital und des Peyton Manning Children's Hospital, richtete einen neuen Standort innerhalb des Nationwide Children's Hospital in Columbus, OH ein, erwarb eine Klinikgruppe in Colorado mit Plänen zur Expansion im Raum Denver und erwarb eine Klinik in Davie, Florida, die als Grundlage für das Wachstum im ganzen Bundesstaat dient.
Diese Expansion ist Teil der mehrjährigen Strategie von OPSB, den Zugang zu nicht-operativen pädiatrischen orthopädischen Lösungen durch sowohl neu gegründete Kliniken als auch strategische Akquisitionen zu verbessern, wobei der Fokus auf Partnerschaften mit pädiatrischen orthopädischen Chirurgen in verschiedenen Regionen liegt.
- Strategic expansion into three new markets strengthening geographical presence
- Successful execution of acquisition strategy with clinics in Colorado and Florida
- Strategic positioning near major children's hospitals enhancing market access
- None.
Insights
The expansion of OrthoPediatrics' Specialty Bracing division represents a calculated strategic move to capture market share in the pediatric orthopedics space. The multi-pronged approach combining greenfield developments and strategic acquisitions in Indiana, Colorado and Florida demonstrates an aggressive growth strategy targeting high-potential markets.
The placement of clinics near major children's hospitals like Riley Children's and Nationwide Children's creates valuable strategic partnerships and referral networks. This hub-and-spoke model optimizes patient accessibility while maintaining operational efficiency. The acquisition in Colorado provides a springboard for expansion beyond Denver, while the Florida acquisition establishes a foothold in the lucrative Southeast market.
This expansion indicates strong execution of the company's 2024 growth initiatives. The focus on specialized pediatric care positions OPSB uniquely in a niche market with high barriers to entry and typically stable reimbursement rates. The strategic locations near major medical facilities should drive patient volume and revenue growth in the medium term.
The pediatric orthopedic market presents significant growth potential, with the specialty bracing segment offering recurring revenue streams and higher margins compared to surgical solutions. The company's targeted geographic expansion into key metropolitan areas with strong healthcare infrastructure and favorable demographics is likely to accelerate market penetration.
The multi-year expansion strategy through both organic growth and acquisitions provides flexibility in scaling operations while managing capital allocation efficiently. The focus on exclusive pediatric care differentiates OPSB from general orthopedic providers, potentially commanding premium pricing and better insurance coverage. The proximity to major children's hospitals should facilitate strong referral networks, important for sustained growth in this specialized market segment.
WARSAW, Ind., Jan. 10, 2025 (GLOBE NEWSWIRE) -- OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, today announced the rapid expansion of its Specialty Bracing (OPSB) division with entrance into 3 target markets within Indiana, Colorado, and Florida.
Each of these new locations broadens the Company’s position in targeted geographies to partner with pediatric orthopedic surgeons in the region to treat children with non-operative solutions. The OPSB division, launched in early 2024, has a multi-year strategy to increase access to care around the world by way of opening new (‘greenfield’) clinics and strategically acquiring clinics in target geographies.
The new Indianapolis, Indiana based OPSB clinic is located near Riley Children’s Hospital satellite facility and close to Peyton Manning Children’s Hospital. This greenfield site is the first OPSB clinic in the state, exclusively focused on pediatric and adolescent patients.
OrthoPediatrics’ CEO David Bailey commented “I’m especially proud of our newest clinic in Indy! As an Indiana-based company, being able to bring specialty care to KIDS in our Hoosier state represents not only a milestone for our business, but the power of partnership with other great organizations in our backyard.”
OPSB already had a clinic presence in Columbus, OH but recently opened a new greenfield site within the Nationwide Children’s Hospital Livingston Ambulatory Orthopedic Center. This will provide parents and patients specialized O&P services within the same building where they met their physician. Moving west, OPSB recently acquired an O&P clinic group in Colorado. This acquisition will allow the OPSB to quickly add additional sites beyond the greater Denver area.
In addition, OPSB recently acquired an existing clinic in Davie, Florida. The acquisition of this business will give OPSB a foundation for further greenfield expansion throughout the state of Florida. Led by skilled O&P clinicians, the Davie clinic will continue its focus on helping pediatric patients in the greater Miami region.
Joe Hauser, OrthoPediatrics Specialty Bracing division President, commented, “We are excited to continue building on our strategy and increasing our presence through new clinics in Indiana, Ohio, Colorado and Florida. Our team has a robust pipeline of opportunities, by way of opening greenfield clinics or strategic acquisitions. We will continue advancing this strategy in the coming years to ensure KIDS have access to quality care from coast to coast!”
About OrthoPediatrics Corp.
Founded in 2006, OrthoPediatrics is an orthopedic company focused exclusively on advancing the field of pediatric orthopedics. As such it has developed the most comprehensive product offering to the pediatric orthopedic market to improve the lives of children with orthopedic conditions. OrthoPediatrics currently markets over 70 products that serve three of the largest categories within the pediatric orthopedic market. This product offering spans trauma and deformity, scoliosis, and sports medicine/other procedures. OrthoPediatrics’ global sales organization is focused exclusively on pediatric orthopedics and distributes its products in the United States and over 70 countries outside the United States. For more information, please visit www.orthopediatrics.com. For more information about the OrthoPediatrics Specialty Bracing portfolio, please visit https://opsb.com/.
Investor Contact
Philip Trip Taylor
Gilmartin Group
philip@gilmartinir.com
415-937-5406
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