Precision Orthopedics, a Laurel, Maryland-based provider of integrated orthopedic surgical care services across Maryland, received a growth equity investment from Cobepa S.A.
The amount of the deal was not disclosed. Cobepa North America team members Peter Connolly and Peter Batesko have joined Precision’s Board of Directors.
The company intends to use the funds to capital to bolster its current operations and implement its expansion plans within Maryland and elsewhere.
Led by Dr. Rishi Bhatnagar, Founder and CEO, Precision is among the state’s largest independent providers of clinical and surgical orthopedic treatment and ancillary patient care services. Utilizing a network of ten clinical locations, an ambulatory surgery center, and its deep hospital relationships, Precision provides a broad spectrum of comprehensive, patient-centric musculoskeletal care. Precision’s comprehensive service line is administered by its team of physicians across the entire musculoskeletal spectrum, supported by the company’s long-tenured clinical support staff and physician leadership.