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NMS-backed USFAS acquires two podiatry practices

U.S. Foot & Ankle Specialists, a portfolio company of NMS Capital, has acquired Foot Care Center and Lakeforest Foot and Ankle Center, two podiatry practices with locations in Northern Virginia, Maryland and West Virginia.

U.S. Foot & Ankle Specialists, a portfolio company of NMS Capital, has acquired Foot Care Center and Lakeforest Foot and Ankle Center, two podiatry practices with locations in Northern Virginia, Maryland and West Virginia. No financial terms were disclosed.

PRESS RELEASE

New York, NY, April 6, 2022 – U.S. Foot & Ankle Specialists, LLC (“USFAS”), a portfolio company of NMS Capital (“NMS”), announced today that it has acquired Foot Care Center and Lakeforest Foot and Ankle Center, two practices with locations in Northern Virginia, Maryland and West Virginia.

Founded in 1985, Foot Care Center, PLC is owned by Drs. James Arnold and Rhonda Davis. The practice operates three locations in Northern Shenandoah Valley of Virginia and West Virginia, including Winchester, Woodstock and Charles Town. With three trained and experienced physicians on staff, Foot Care Center offers both surgical and non-surgical podiatric solutions for a variety of foot-related issues, including ingrown toenails, plantar fasciitis, heel pain, bunions and warts. The practice strives to provide patients with the best possible podiatric care and provide an office experience that’s compassionate, comfortable and stress free.

“Our mission has and always will be to provide the best possible podiatric care to patients,” said Dr. James Arnold, DPM, Foot Care Center. “We go out of our way to do this every single day, with every single patient. Our strength is our experienced and caring staff, and we’re excited to expand on their capabilities through our new partnership with USFAS.”

Founded in 1980, Lakeforest Foot and Ankle Center serves Maryland patients in Montgomery County, Prince George’s County and Northern D.C., with locations in Gaithersburg, Suitland, Rockville and Bethesda. The practice focuses on a variety of medical and surgical treatment options for common foot and ankle related issues, including bunions, arch disorders, ingrown toenails and hammertoes. The practice is owned by Drs. Brent Tabor and Jason Weber, who assumed ownership in 2018. Dr. Tabor began practicing in 1994; Dr. Weber started practicing in 2005.

“We’ve always pushed ourselves to be a patient-centric practice—one that’s willing to go above and beyond to deliver relief and results,” said Dr. Brent Tabor, DPM, Lakeforest Foot and Ankle Center. “I’m excited to continue affirming this mission as we partner with USFAS, to optimize our practice and expand our reach. And I know this will allow us to deliver even greater results to our communities.”

“We’re excited that Lakeforest Foot and Ankle Center and Foot Care Center have joined our growing network of outstanding providers,” said Cotton Hawes, Chief Executive Officer at USFAS. “Their doctors are deeply committed to ideal health outcomes and first-rate service for patients. We’re proud to partner with and support these dedicated providers and teams.”

With this partnership, Foot Care Center and Lakeforest Foot and Ankle Center will benefit from USFAS’ extensive administrative and support services, which include top-of-the-line information technology, a dedicated clinical compliance team, electronic medical records, payor credentialing and contracting, revenue cycle management, human resources, finance and accounting, and business development.

About U.S. Foot & Ankle Specialists
USFAS is a leading provider of podiatric services providing a full range of specialty services for the advanced treatment of foot and lower extremity conditions. Headquartered in Rockville, Maryland, USFAS provides services through a growing network of almost 100 offices in Maryland, Virginia, Pennsylvania, Delaware, North Carolina, West Virginia, Ohio, and Washington, D.C., and over 100 Board Certified and Board Qualified podiatrists. USFAS is an affiliate of Foot & Ankle Specialists of the Mid-Atlantic and NMS Capital, with plans to expand nationally. For additional information on USFAS, visit the company’s website at www.footandankle-usa.com