US Oral Surgery Management (USOSM) has recently secured a credit expansion of $150 million to support its continued growth in the oral and maxillofacial surgery specialty. As the first and largest physician practice management company in this field, USOSM has experienced significant growth this year, with anticipated acquired revenue exceeding $100 million. The additional funding will position USOSM for accelerated growth through 2024 and beyond. This credit expansion is an extension of the company’s existing credit facility with its current lenders.
Richard Hall, the President and CEO of USOSM, expressed excitement about the expansion, stating, This additional capital will fund our continued growth through 2024 and beyond. The credit markets are more limited for PPM businesses, and not all credit is equal. Only companies with established track records and exceptional performance can successfully obtain growth capital at reasonable terms. We’re extremely proud that USOSM’s performance has given our lenders the confidence to expand their commitment.
Henry Moomaw, the Chief Financial Officer of USOSM, emphasized the collaborative effort between USOSM, its equity backer Oak Hill Capital (OHC), and the existing lenders to achieve this significant credit expansion. He expressed gratitude for the support of the current lenders, highlighting the level of confidence they have in USOSM.
USOSM, founded in 2017, exclusively serves premier, board-certified oral and maxillofacial surgeons. It currently has over 180 practice locations across 26 states, with a 100% partner practice retention rate. More than half of the company is owned by the oral surgeons themselves. USOSM’s partner practices consistently achieve a Net Promoter Score (NPS) of 80 or above, which is recognized as world-class by Bain & Company, a ranking system’s founder. Patient care remains the company’s top priority.
Richard Hall credited the quality of USOSM’s surgeon partners as a driving force behind the company’s growth. The partners are highly selective and distinguished in the industry, with board certification, extensive training, and clinical autonomy.
Headquartered in Irving, Texas, USOSM collaborates with oral and maxillofacial surgeons to provide support services for operational, marketing, and administrative aspects, aiming to enhance clinical and financial performance for practice success. The company is backed by Oak Hill Capital, a reputable private equity firm focused on the North America middle-market.
USOSM’s recent credit expansion highlights its strong position in the oral and maxillofacial surgery specialty and its commitment to supporting the growth and success of its partner practices. With the additional funding, the company is well-positioned for continued expansion and to meet the growing demand for top-quality oral and maxillofacial surgical services.
