Justin Saliman Net Worth: A Look at Career and Wealth
Dr. Justin Saliman has made a name for himself in both medicine and entrepreneurship. Known for his groundbreaking innovations, including founding Ceterix Orthopaedics, his efforts have significantly impacted the medical field. Justin Saliman’s net worth is estimated at $50 million, reflecting his success in combining expertise and innovation.
From advancing minimally invasive surgery to building a thriving career, his journey offers insights into how passion and hard work can create both professional achievements and financial milestones.
Who Is Justin Saliman?
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Dr. Justin Saliman is a distinguished orthopedic surgeon and medical innovator based in Los Angeles, California. He earned his medical degree from the University of Colorado School of Medicine in 2001 and completed his orthopedic residency at Mount Sinai in New York City. Further honing his expertise, Dr. Saliman pursued a sports medicine fellowship at Stanford University, where he contributed to the medical care of the San Francisco 49ers and university athletic teams.
Specializing in joint-preserving, minimally invasive techniques for the shoulder, hip, and knee, Dr. Saliman is dedicated to preventing arthritis and reducing the necessity for joint replacements.
His commitment to advancing orthopedic surgery led him to invent the NovoStitch® Pro Meniscal Repair System, a groundbreaking device that received FDA approval in 2012 and has been instrumental in preserving knee joints. In 2019, Smith & Nephew acquired Ceterix Orthopaedics, the company he founded to develop this technology.
Beyond his surgical practice, Dr. Saliman is the founder and CEO of OutcomeMD, a cloud-based software platform designed to empower healthcare providers and patients with critical data to understand and demonstrate effective treatments. His innovative contributions have been recognized in the medical community, including a Silver Award from the Edison Awards in 2015.
Dr. Saliman’s dedication to medical innovation and patient care continues to influence the field of orthopedic surgery, offering improved outcomes for patients worldwide.
Estimated Net Worth
Dr. Justin Saliman’s net worth is estimated to be around $50 million, a testament to his successful career as an orthopedic surgeon and medical technology entrepreneur.
A significant contributor to his wealth was the acquisition of Ceterix Orthopaedics, a company he founded, by Smith & Nephew in 2019. The deal was structured with an initial payment of $50 million, with the potential to reach up to $105 million based on financial performance over five years.
In addition to this, Dr. Saliman’s ongoing ventures, such as OutcomeMD, further enhance his financial standing. These endeavors, combined with his medical practice, have solidified his position as a prominent figure in both the medical and business communities.
Justin Saliman’s Career and Income Sources
Dr. Justin Saliman’s career is distinguished by his dual roles as an orthopedic surgeon and a medical technology entrepreneur, each contributing significantly to his income.
Medical Practice
As a practicing orthopedic surgeon specializing in sports medicine and minimally invasive procedures, Dr. Saliman has built a reputable career in patient care. His affiliation with Cedars-Sinai Medical Center in Los Angeles underscores his commitment to clinical excellence. The income from his medical practice forms a substantial part of his financial portfolio.
Medical Device Innovation
Dr. Saliman’s entrepreneurial spirit led him to found Ceterix Orthopaedics, where he developed the NovoStitch® Pro Meniscal Repair System. This innovative device, designed for minimally invasive meniscus repair, received FDA approval in 2012 and has been widely adopted in orthopedic surgery. The success of NovoStitch® Pro not only advanced surgical techniques but also enhanced Dr. Saliman’s financial standing through product revenues and eventual acquisition.
Business Ventures
In 2019, Smith & Nephew acquired Ceterix Orthopaedics in a deal valued at up to $105 million, significantly boosting Dr. Saliman’s net worth. Following this, he founded OutcomeMD, a cloud-based software platform aimed at improving patient outcomes by providing critical data to healthcare providers. As CEO, Dr. Saliman continues to innovate in the healthcare technology sector, with OutcomeMD contributing to his income through its services and potential market growth.
Through these diverse endeavors, Dr. Saliman has effectively combined his medical expertise with entrepreneurial ventures, resulting in a multifaceted career that contributes to his overall income and net worth.
Personal Life and Relationships
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Dr. Justin Saliman’s personal life has garnered public interest, particularly due to his relationships with notable figures.
Marriage to Bree Turner
In 2008, Dr. Saliman married actress Bree Turner, known for her role in the television series Grimm. The couple had two children: daughter Stella Jean, born in June 2010, and son Dean, born in September 2012. Their marriage ended in divorce in 2018, with Turner citing irreconcilable differences. Following the divorce, they shared joint legal and physical custody of their children.
Relationship with Sofía Vergara
In October 2023, Dr. Saliman began a relationship with actress Sofía Vergara, shortly after her divorce from actor Joe Manganiello. The couple was first seen together at a dinner in Beverly Hills and have since been spotted on various outings. Their relationship has attracted media attention, with reports suggesting that they share a strong connection.
Despite the public interest, Dr. Saliman maintains a relatively private personal life, focusing primarily on his medical career and entrepreneurial ventures.
Justin Saliman’s Impact on Medicine and Innovation
Dr. Justin Saliman has significantly advanced orthopedic medicine through his innovative approaches and entrepreneurial ventures.
Innovations in Meniscal Repair
Recognizing the limitations of traditional meniscus repair techniques, Dr. Saliman developed the NovoStitch® Pro Meniscal Repair System. This device enables surgeons to place circumferential compression stitches around meniscal tears, aligning and compressing the tear edges uniformly during healing. This method addresses both the top and bottom of the tear simultaneously, promoting more effective healing and reducing the risk of arthritis and the need for joint replacement.
Entrepreneurial Ventures
In 2008, Dr. Saliman founded Ceterix Orthopaedics to bring the NovoStitch® Pro to market. The device received FDA approval in 2012 and was acquired by Smith & Nephew in 2019, underscoring its impact on orthopedic surgery.
Continuing his commitment to patient care, Dr. Saliman founded OutcomeMD, a cloud-based platform that tracks patient-reported outcomes. This tool provides healthcare providers with critical data to assess treatment effectiveness, aligning medical practices with patient-centric care.
Clinical Practice and Education
As a sports medicine-trained orthopedic surgeon, Dr. Saliman specializes in joint-preserving, minimally invasive techniques for the shoulder, hip, and knee. His focus on preventing arthritis and avoiding joint replacements has improved patient outcomes. His dedication to education and patient care continues to influence the field of orthopedic surgery.
Through these contributions, Dr. Saliman has enhanced surgical techniques and fostered a more patient-centered approach in healthcare.
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