RiverGlade Capital has formed Dallas-based U.S. Oral Surgery Management LLC, a managing services company for the oral surgery sector. No financial terms were disclosed.
CHICAGO (PRWEB) AUGUST 27, 2018
RiverGlade Capital (“RiverGlade”), is pleased to announce that it has formed U.S. Oral Surgery Management, LLC (“USOSM” or the “Company”), a management services company to the oral surgery sector headquartered outside of Dallas, TX. Utilizing a physician-partnership model, USOSM is the largest network of oral surgery practices in the country.
The initial USOSM platform was formed in November 2017 by RiverGlade and the Thurston Group through the combination of two oral surgery groups in Austin and Dallas.
Since inception, the Company has partnered with three additional oral surgery groups in Dallas, San Antonio, and Waco, TX. All of the practices provide a full scope of oral and maxillofacial surgery procedures. With the initial platform investment and subsequent investments made to date, the Company is partnered with oral surgeons across 27 clinic locations. “By partnering with founders and practices with the highest clinical reputations and strong referral bases, USOSM has been able to scale quickly,” said Danny Rosenberg, Managing Partner at RiverGlade Capital.
A key priority in forming USOSM was installing an experienced, top-tier senior leadership team. The Company is led by Rick Hall, President and Chief Executive Officer, who has significant experience partnering with physicians and driving growth through acquisitions and operational improvements. A proven leader with extensive management experience, Mr. Hall provides visionary leadership and strategic execution. He has a deep background in physician services businesses, having previously served as President of Alliance Oncology and Senior Vice President of Business Development, Marketing, and Physician Recruitment at US Oncology. In addition to Mr. Hall, a robust executive team has been put in place with the hiring of a Chief Financial Officer, Chief Operating Officer, Vice President of Human Resources, Vice President of Marketing and two Vice Presidents of Mergers and Acquisitions. “We are excited to utilize our experience in scaling leading healthcare service companies to support the Company’s growth initiatives,” said Garrick Rice, Managing Partner at RiverGlade Capital.
About U.S. Oral Surgery Management
U.S. Oral Surgery Management, a specialty management services company, partners with premier oral and maxillofacial surgeons throughout the United States to offer a partnership solution for continued and accelerated practice success. As the healthcare landscape becomes more competitive and regulatory complexities increase, USOSM serves as an extension of the clinical mission of its surgeon partners by preserving clinical autonomy while focusing on patient care and exceptional patient outcomes. USOSM provides operational, marketing and administrative support services, reinvests resources, and applies best practices to improve clinical and financial performance for steadier, more profitable growth. For more information, visit http://www.usosm.com.
About RiverGlade Capital
RiverGlade Capital is a healthcare services-focused private equity firm that invests in founder-owned, high-quality, differentiated businesses. RiverGlade partners with companies that have demonstrated strong organic growth and where value can be accelerated through human capital investments, operational improvements, strategic planning, and dynamic organic and inorganic growth initiatives. For more information, visit http://www.rivergladecapital.com.