What Orthopedic and Sports Injury Specialists does

Oasis Orthopedic and Sports Injury Specialists was a single-physician medical practice operating in Frisco, Texas, delivering orthopedic and sports injury care to patients in the North Texas market. Care was provided under Dr. Steven Michelsen, with the practice's scope limited to diagnosis, treatment, and management of musculoskeletal conditions and sports-related injuries. There is no evidence of a proprietary technology platform, digital product, or differentiated clinical system; the business model was a conventional fee-for-service medical practice with no disclosed technology stack beyond standard medical records.

The practice generated revenue solely through direct clinical services billed to patients and third-party payers; no pricing model, payer mix, headcount, or revenue figures are disclosed in the source data. No funding rounds, investors, subsidiaries, or parent entities are recorded, indicating an independently held private practice with minimal organizational complexity. The sole product offering was clinical orthopedic care, with no ancillary product lines, digital channels, or geographic footprint beyond Frisco, TX.

Effective February 14, 2025, the practice permanently closed to patient care. All patient health records were transferred to Morgan Records Management, LLC, headquartered at 8 State Street, Nashua, NH 03063, which now serves as the official Records Custodian. Records are being maintained in accordance with HIPAA confidentiality and security standards and applicable state and federal retention requirements (minimum seven years, most records at least ten years from last date of service). The entity has no active operations, no current revenue, and no announced restart or successor entity.

Name

Orthopedic and Sports Injury Specialists

Legal name

Oasis Orthopedic and Sports Injury Specialists

Website

https://oasis-orthopedics.com

Company type

Private

Founded year

2011

Operating status

Closed

Headcount range

1–10 employees

Short description

Oasis Orthopedic and Sports Injury Specialists was a Frisco, Texas-based single-physician medical practice providing orthopedic and sports injury care under Dr. Steven Michelsen. The practice permanently closed to patient care on February 14, 2025, with records now custodied by Morgan Records Management, LLC.

Ownership category

akta.pro rank

Product category

Orthopedic Healthcare Services

NAICS

Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

General Orthopedics (HLAKALAA)

Keywords

• Orthopedic medical care
• Sports injury treatment
• Musculoskeletal healthcare
• Medical records custody
• Patient health records

Headquarters

HQ city

Pocatello

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Core offering

Oasis Orthopedic and Sports Injury Specialists was a Frisco, Texas-based medical practice delivering orthopedic and sports injury patient care. As of February 14, 2025, the practice is permanently closed to patient care; ongoing activity is limited to medical records custody handled by Morgan Records Management, LLC, with records retained for at least 7 years after the last date of service (most for at least 10 years) before destruction.

Product overview

Oasis Orthopedic and Sports Injury Specialists was a medical practice offering orthopedic and sports injury care services, now permanently closed as of February 14, 2025. The practice operated as a medical records custodian for patient files, which have been transitioned to Morgan Records Management, LLC for ongoing records management and custodian services. This is not a platform-plus-modules architecture but rather a closed medical practice with associated records custodian responsibilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Orthopedic and Sports Injury Patient Care

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Morgan Records Management, LLCcoreOthers · 14 February 2025Morgan Records Management serves as the official Records Custodian for the permanently closed practice. They maintain all patient health records in accordance with HIPAA confidentiality and security standards, as well as applicable state and federal laws. Records will be destroyed no less than seven years after last date of service, with most held for at least 10 years. Located at 8 State Street, Nashua, NH 03063.

Recent moves2 records

Direct peers

• Direct Orthopedic Care (DOC): Specialty orthopedic urgent-care and sports medicine practice with multiple Texas locations. Comparable as an outpatient-only, sports-and-orthopedic-focused clinical model serving similar patient needs.
• Texas Orthopedic Specialists: Orthopedic specialty practice operating in the DFW region, providing sports medicine, joint care, and general orthopedic services. Comparable in scope, geography, and patient population to Oasis Orthopedic and Sports Injury Specialists.
• Rothman Orthopaedic Institute: Large multi-specialty orthopedic group focused exclusively on musculoskeletal care, including sports medicine. Comparable as a dedicated orthopedic specialist practice operating across multiple sites.
• Resurgens Orthopaedics: Specialty orthopedic and sports medicine practice group operating across multiple locations. Comparable as an outpatient orthopedic specialist delivering the same core musculoskeletal service line.
• OrthoTexas: Multi-physician orthopedic specialty group serving the Dallas–Fort Worth metroplex, including Frisco-area locations. Directly comparable as a North Texas orthopedic practice delivering sports medicine and general orthopedic care.

Broad incumbents

• HSS (Hospital for Special Surgery): Nationally prominent specialty orthopedic hospital and care network. Comparable as a higher-end orthopedic specialist brand demonstrating the scaled end of the orthopedic-specialist business model.
• Texas Health Orthopedic & Sports Medicine: Orthopedic and sports medicine service line within Texas Health Resources, operating in the same DFW market including Frisco. Comparable as a large, system-affiliated competitor providing the same orthopedic and sports injury care.
• Baylor Scott & White Orthopedic and Spine Institute: Hospital-system-affiliated orthopedic service line operating across North Texas including Frisco. Comparable as a major incumbent competitor offering orthopedic and sports medicine within a broader health-system portfolio.

Emerging players

• Texas Back Institute: Texas-based specialty practice focused on spine and orthopedic care. Comparable as a DFW-area orthopedic specialist operating a defined musculoskeletal niche similar to Oasis's orthopedic and sports injury focus.
• U.S. Orthopedic Partners: PE-backed orthopedic specialty platform aggregating independent orthopedic groups. Relevant comparable illustrating the scaled, multi-site orthopedic specialist business model that Oasis would have needed to reach to remain viable.

Market position

Weaknesses4 records

Competitive moat1 record

Key risks5 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Orthopedic and Sports Injury Specialists