OrthoPediatrics Corp. Announces Expansion of Specialty Bracing Division
January 10 2025 - 8:05AM
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 ContactPhilip Trip
TaylorGilmartin Groupphilip@gilmartinir.com415-937-5406
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