JACKSONVILLE, Fla. — New changes are coming for a major local orthopedic group with thousands of patients in Jacksonville.
The Jacksonville Orthopaedic Institute is closing at least six rehabilitation locations and laying off more than 100 employees.
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That’s according to a WARN (Worker Adjustment and Retraining Notification) notice sent to the state. See below:
Jacksonville Orthopedic Institute, Inc. 2 by ActionNewsJax on Scribd
JOI is the sports medicine provider for several high-profile teams in Jacksonville, including the Jaguars, Sharks, Jumbo Shrimp, and the Jacksonville University Dolphins.
The shakeup comes as physicians are buying back most of the practice from Baptist Health.
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Baptist told Action News Jax on Wednesday it is taking over five of the rehab locations, but did not say which ones.
Below are all of the rehab and physical therapy locations listed on JOI’s website:
- Atlantic
- Arlington
- Baptist Beaches
- Fleming Island/Clay County
- Mandarin
- Nassau Rehab
- Nocatee
- North
- Point Meadows
- San Marco
- South
- World Golf Rehab
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Baptist sent the following statement, which reads:
“In 2011, Jacksonville Orthopaedic Institute (JOI) sold its stock to Baptist Health. A group of JOI physicians signed an agreement to repurchase the stock and return to operating as an independent practice once the transaction closes in approximately 90 days. This buyback option was part of the original agreement and has been planned for some time. JOI and Baptist will continue working together and remain committed to providing the community with excellent orthopedic care, as always.
“As part of this transition, JOI is planning to restructure, which will result in the closure of several locations and the elimination of certain positions. These decisions were not made lightly, and JOI is committed to helping all impacted employees understand their benefits and providing resources for career continuity to ensure a smooth transition.”
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