Altitude Ventures and Frist Cressey Ventures Aid in Orthopedic Company’s Growth
Brentwood, TN – April 24, 2019 – 7 Springs Orthopedics is announcing the expansion of its facilities and service lines following its first institutional financing round. The company has begun the process of opening new locations throughout Middle TN, starting with Bellevue and East Nashville, and also adding physical therapy services to its existing clinics in Brentwood and Antioch. Nashville-based venture capital firms Altitude Ventures and Frist Cressey Ventures co-led the financing round.
Founded in 2006 by Brant Bell and Stu Jones, 7 Springs Orthopedics is a multi-clinic provider of comprehensive orthopedic care offering a wide array of services to treat everything from musculoskeletal pain and injuries to complex fractures, spinal issues, and pain management needs. The company’s best-in-class model aligns with the shifting healthcare climate towards accessible, patient-centered, and convenient same-day services. “We founded 7 Springs because we knew this model for orthopedics could help provide high-quality care in a friendly environment convenient to both the patient and their family,” said Bell.
“Success in today’s healthcare market requires the rare combination of innovation in care delivery, a proven leadership team, and a quality-first business model. Our firm works every day to move the healthcare system into the future through investments like these and we are thrilled to partner with 7 Springs Orthopedics through this season of growth,” said Landon Gibbs.
7 Springs Orthopedics has also bolstered its leadership team with the addition of Mark Tulloch, a 20-year healthcare veteran and former COO of HealthSpring, as its new CEO. Additionally, the company added a strong group of new directors to its board in 2018, including: Cameron Perkins, CEO of Anutra Medical and founder of FastMed Urgent Care, Landon Gibbs, Managing Partner of Altitude Ventures, Chris Booker, Partner of Frist Cressey Ventures, and Bob Yeager, former President and CEO of OrthoLink.
“We’re proud to partner with 7 Springs Orthopedics because their model improves access to affordable care for all patients,” said Senator William Frist, physician and co-founder of Frist Cressey Ventures. “The combination of high-quality surgeons and orthopedically trained physician extenders delivering care in a more accessible manner is a roadmap for the future of healthcare.”
To learn more, visit 7SpringsOrtho.com.
About 7 Springs Orthopedics
Based in Middle Tennessee, 7 Springs Orthopedics provides orthopedic care in an atmosphere of warmth and respect. With same or next day appointments and complete orthopedic services available at every clinic, patients experience a healthcare team that’s friendly, efficient, and truly values their time. The providers at 7 Springs are highly skilled musculoskeletal specialists that listen to patients, take the time to answer questions, and develop an individualized care plan for their specific condition. Learn more at www.7springsortho.com, or contact Mark Tulloch at 615-947-3338 or email@example.com.
About Altitude Ventures
Altitude Ventures provides early-stage venture capital financing to healthcare services and technology startups that improve healthcare. The firm, through its offices in Nashville, Tennessee and Houston, Texas, leverages its combined industry expertise, relationships, investment experience, and infrastructure to benefit entrepreneurs, investors, and the overall healthcare system. To learn more, visit www.altvc.com.
About Frist Cressey Ventures
Frist Cressey Ventures is dedicated to accelerating the growth of high-potential healthcare enterprises through value-added partnerships. It invests in healthcare service and information technology businesses that provide meaningful solutions to improve quality of care, patient outcomes, and efficiency in the delivery of services. FCV joins like-minded entrepreneurs who share the same core values in their pursuit to improve healthcare. For more information, please visit www.fcventures.com.