The startup operates a physician-owned management services company that specializes in musculoskeletal care, providing essential ancillary services such as business analytics, compliance, and financial reporting. By enhancing operational efficiency and patient care delivery, the company addresses the challenges of growth and regulatory adherence faced by healthcare providers in this sector.
Funding
$171.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Musculoskeletal practices often face challenges in managing administrative tasks, maintaining compliance, and optimizing financial performance, which can hinder their ability to focus on patient care and practice growth. Individual practices may lack the resources and expertise to navigate complex regulatory requirements and implement efficient operational strategies.
Solution
United Musculoskeletal Partners (UMP) is a management services organization that partners with physician-owned musculoskeletal practices to provide comprehensive shared services and support practice growth. UMP centralizes and streamlines essential functions, including business analytics, financial reporting, compliance, legal support, and alternative payment model implementation. By integrating systems and optimizing back-office infrastructure, UMP enables partner practices to improve operational efficiency, enhance clinical outcomes, and achieve superior financial performance. The company's physician-first philosophy ensures that practices maintain autonomy over clinical decision-making, provider recruitment, and practice culture.
Target Audience
UMP primarily serves physician-owned musculoskeletal practices seeking to improve operational efficiency, enhance clinical outcomes, and achieve sustainable growth.
Features
- Business analytics and financial reporting through a custom electronic data warehouse and KPI dashboards
- Compliance and legal expertise on internal and external risks, including coding accuracy and cybersecurity
- Support for alternative and value-based payment models, including risk-based contracting and direct-to-employer options
- Ancillary service line optimization, including rehabilitation, imaging, and durable medical equipment (DME)
- Integration of critical systems, such as PM/EMR, HRIS, and accounting
- Digital marketing consultation, including search engine marketing, geofenced audience targeting, and B2B campaigns
- Access to capital for practice expansion and technology adoption
- Procurement services to streamline costs and improve vendor contracting