Elevate ENT Partners today announced the launch of its new management service organization platform. Formed by the physician-led leadership team of South Florida ENT Associates, with investment from Audax Private Equity ("Audax"), Elevate ENT Partners invests in private ENT and allergy practices across the United States and provides scalable administrative assistance that removes barriers to quality care and enables practitioners to achieve their professional and financial goals.
"Elevate ENT Partners is focused on preserving and elevating ENT private practices by enabling their clinical independence and empowering their success in an increasingly complex and consolidated healthcare landscape," said James Polfreman, President & CEO at Elevate ENT Partners. "As a physician-led practice management support organization, Elevate ENT Partners is uniquely positioned to understand the opportunities and challenges that private practices face".
The new platform creates a leading management support organization in the otolaryngology, otology, laryngology, and neuro-otology fields, with nearly 1,000 employees across 60 locations. Private practices that affiliate with Elevate ENT Partners maintain their clinical autonomy while receiving administrative support to achieve optimal patient outcomes and grow their practice, including revenue cycle management, compliance, marketing, information technology and human resources, as well as other services to support business operations. Affiliated practices also benefit from enhanced economies of scale that deliver cost savings to their bottom line, capital investment to fund expansion, highly competitive compensation and benefit packages, and ongoing investment in staff development.
"Our partnership with Elevate ENT Partners and Audax gives our physicians confidence in the long-term stability of our practices and helps us achieve a better work-life balance by reducing the stress and time spent running the business side of the practice. We are now able to devote more time to patient care without worrying about interference from management or neglecting our administrative responsibilities," said Frank Kronberg, MD, FACS, South Florida ENT Associates.
The Elevate ENT Partners family of practices currently includes South Florida ENT Associates, Texas ENT Specialists, and The Barranco Clinic, with plans to acquire additional practice groups nationally.
"Through affiliation with Elevate ENT Partners, physician/owners now have an alternative to hospital groups and insurance companies that consolidate their practices and put physicians into an employee model that prioritizes profits over patient outcomes", adds Polfreman. "We value patient outcomes and the expertise of our physicians above all else, and we’re committed to securing their long-term success."
Visit ElevateENT.com for more information.
About Elevate ENT Partners:
With over 60 offices across three practice brands, Elevate ENT Partners is on a mission to eliminate barriers to quality patient care by providing private otorhinolaryngology practices with stability, capital investment, and the resources they need to grow their practices and elevate their futures. As a physician-led organization, we put patient outcomes first, eliminate barriers to quality patient care, and help ENT practitioners advance their careers.
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