- New platform and surgery center investment adds advanced
facility capabilities to specialty care network, strengthening
in-person treatment and attracting leading orthopedic surgeons and
physicians
- With Theater launch, value-based MSK care visionary
continues spine & joint care transformation, challenging high
cost/low impact hospital-based treatment with groundbreaking care
model
- Combining proprietary software, cutting-edge facilities, and
innovative procedures, Theater ushers in the next generation of
complex specialty care
LOS
ANGELES, April 26, 2024 /PRNewswire/ -- Commons
Clinic, a leading value-based physician group reinventing
musculoskeletal (MSK) care, today announced its $9.75 million investment in Marina Orthopedic
& Spine Institute (MOSI), a trailblazing Los Angeles-metro independent surgery center
that has set a national standard for minimally invasive spine and
joint procedures. Commons' investment expands its network of
ambulatory surgery centers (ASCs) while growing its capabilities
through its proprietary surgical care platform, Theater, also
formally launched today. Theater is a full-stack technology
solution that allows specialty surgery centers to scale and
automate treatment pathways between facilities, enabling and
accelerating the migration of orthopedics to ambulatory-first
care.
Analysts project that 85% of all healthcare
procedures will be performed in outpatient settings by 2028, with
growth driven by innovation, unique partnerships, and novel product
launches. Increasingly complex and novel MSK procedures are
migrating to ASCs, delivered safely and effectively by leading
experts at rates 35-50% lower than hospital settings while also
improving patient experiences and outcomes. Comparatively,
hospital-based orthopedic care is delivered at an astronomically
high price (ranging from $95,600 -
$221,000). In partnership with
actuarial firm Accorded, Commons' proprietary analysis of
commercial claims data suggests that despite this ambulatory
evolution, 90% of all expenditures for spinal surgery in
Los Angeles are still concentrated
in hospitals, leading to an uncontrollable cost trend and financial
toxicity for patients.
Led by physician-owners and Commons providers
Sanjay Khurana, M.D., and
Michael Port, M.D., MOSI has treated
thousands of complex spine maladies. Dr. Khurana is a
board-certified spine care specialist who has conducted thousands
of surgeries spanning the entire spinal axis. He operates at the
forefront of orthopedic treatment, performing procedures including
Total Disc Replacements that represent a vast improvement over
spinal fusions regarding cost and patient mobility. Dr. Khurana
also co-leads the recently launched Center for Spine Economics,
Outcomes & Research.
Dr. Port is a national leader in anesthesia and
Enhanced Recovery After Surgery (ERAS) protocols for complex,
ambulatory spine procedures. As a double-board certified pain
management specialist, he has extensive trauma experience, taking a
personalized, highly detailed approach that targets specific nerve
roots to establish a more concise diagnosis and avoid unnecessary
medication.
"We developed Theater to harness and rapidly
scale breakthroughs by physician innovators like Drs. Khurana and
Port across Commons' national facility network," said Nick Aubin, CEO and co-founder, Commons Clinic.
"We believe that advancing ambulatory care is foundational to
rebuilding community healthcare infrastructure, reducing reliance
on high-cost hospital systems and using technology to achieve
healthcare's quadruple aim. With Theater, we'll usher in a new,
disruptive era for specialty care."
Theater – a nod to the operating theater's
historical impact on innovation and global health – is an
integrated, ambulatory surgical platform that combines:
- Modern, Full-Stack Technology Platform: Theater offers
an end-to-end application suite for specialty surgery centers. It
powers Commons' network of surgery centers by expediting processes
across evidenced-based care pathways, mission-critical workflows,
and staff productivity. Theater's software suite is built to meet
the rapidly evolving needs of orthopedic clinicians, nurses, and
administrators, delivering new innovations to the last mile of care
and adding a trusted, augmented software coworker to high-value
teams.
- Vertical-Specialized Operating Suites: Theater's
advanced ambulatory operating rooms (ORs) are tailored to the needs
of sub-specialty care programs across spine treatment, joint
replacements, cardiology, and more. The platform connects advanced
surgical products, including cutting-edge robotics, imaging, and
endoscopy, to create scalable, tailored OR solutions that drive
increased case complexity and efficiency.
- Precision Surgical Pathways: Theater's proprietary care
algorithms leverage real-world evidence to optimize procedure
selection and planning, implant and hardware utilization, and
high-impact ERAS protocols.
Commons is committed to delivering better
outcomes, capabilities, and experiences to patients in ASCs. Its
Theater platform removes incredibly complex cases from hospital
settings lagging in the newest care techniques and moves it into
community surgery centers, where Commons' physicians can advance
the possibilities of MSK care. The orthopedic innovator plans to
continue expanding Theater, with a goal of implementing it into
dozens of hyper-specialized surgery centers across the country by
2026.
To learn more about Commons Clinic, visit:
commonsclinic.com.
About Commons Clinic
Commons Clinic is
a specialty health system offering all-inclusive, expert care. The
platform converges value-based care, elite physicians, and a
portfolio of state-of-the-art ambulatory facilities and surgical
centers to offer an end-to-end service that delivers a phenomenal
experience to patients. The company has raised more than
$33M in venture capital from RA
Capital Management, Floating Point, Time BioVentures, and Courtside
Ventures, among others. Founded in 2021 by Nick Aubin and Paulo da
Costa, Commons Clinic is based in Los Angeles.
Media
Contact
commonsclinic@hermespr.co
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