Rehabilitation deals aren’t made public very frequently, but when the target is big enough, we hear about them. That was the case when H.I.G. Capital announced the closing of its acquisition of Reliant Rehabilitation Holdings, Inc., a leading provider of therapy services, including physical, occupational and speech, to skilled nursing facilities.
Headquartered in Plano, Texas, Reliant is one of the largest providers of contract therapy services in the United States. It uses a proprietary care model that emphasizes early intervention/assessment, properly designed clinical care plans and pathways to improve patients’ functional levels.
In this time of critical labor shortages in many areas of healthcare services, Reliant boasts that its therapist recruitment is best-in-class. That may be how it employees approximately 9,000 people who serve in more than 800 facilities in 40 states. It’s also proud of its program perfomance management, customer marketing support and “industry-leading” compliance systems.
Financial terms were not disclosed.