Health Plus Management, a physician support organization (PSO) providing business management and operations services for independent physician practices specializing in musculoskeletal care, today announced the addition of five facilities to its rapidly expanding network of practices under management. HPM now supports and provides administrative solutions to more than 40 physician-owned facilities specializing in physical therapy, physiatry and pain management throughout New York and New Jersey. This fall, Health Plus Management will expand the range of musculoskeletal care practices it serves with the addition of a New York-based, multi-site orthopedic practice with surgical capabilities under HPM management.
“HPM offers independent providers the ability to have full ownership of their practice while still receiving the support and benefits typical of a larger organization. Our service is compelling for physicians entering private practice for the first time, as well as for established providers or provider groups navigating the challenges of growth and expansion. Having their own practice without the burden of running the day-to-day business is fueling a high demand for our start-up and administrative services,” said Stuart Blumberg, Health Plus Management, chief executive officer. “Our team of more than 250 practice management professionals has proven its value over the past 25+ years with a 100 percent retention rate of practices under our management.”
Practices recently added to the HPM network include the Spine Sports & Interventional Pain Clinic in Brooklyn Heights; Total Body Works Medical PC in Brighton Beach; VKP Medical in Niagara Falls and Williamsville, NY; and Advanced PMR in Robbinsville, New Jersey.
HPM supports physicians across all phases of growth, from the start-up and launch of new sites, to practice expansion and improvement of efficiencies within well-established practices. Designed to support physician owners, the HPM integrated business model provides a full range of non-medical operations services, including site selection and buildout, front and back office management, marketing, human resources support, technology and reporting.
Health Plus Management was acquired by Investcorp, a leading global provider and manager of alternative investment products, in January 2019. Based in Long Island, Health Plus was founded in 1994 by its current CEO, Stuart Blumberg.
About Health Plus
Health Plus is Physician Support Organization and market leader in clinical practice management in the physical medicine and rehabilitation market. Health Plus provides independent physician practices with business development, marketing and back-office support typically seen in much larger organizations, enabling its clients to start up and/or grow their private practice beyond what might otherwise be feasible while maximizing clinical service and patient care. Services include revenue cycle management, marketing, data, purchasing, HR/benefits, compliance, staffing/recruiting support, facility design and development, finance/bookkeeping and payer contracting/credentialing. For more information, visit http://www.healthplusmgmt.com.