Rehab Practice Management Purchases Top PT in Franklin, TN

Rehab Practice Management Purchases Top PT in Franklin, TN

Rehab Practice Management, LLC announced that it has acquired Top PT, a provider of outpatient physical therapy services located in Franklin, Tennessee. Rehab Practice Management, headquartered in Brentwood, Tennessee, operates 11 wholly owned outpatient clinics and provides rehabilitation management and therapy staffing services to hospitals. Rehab Practice Management CEO, John Hawes, commented: “This is an important acquisition for us, as it introduces us into the vibrant Nashville area healthcare market. Top PT is a highly respected provider of outpatient therapy services led by outstanding, experienced physical therapists Jody Swearingen PT; DPT and Dawn Duck PT; DPT. Jody and... Read More »
Access Physical Therapy & Wellness Partners With Kentucky-Based Firm

Access Physical Therapy & Wellness Partners With Kentucky-Based Firm

Access Physical Therapy & Wellness (also called Access PT) announced that it has partnered with Kentucky-based Confluent Health. This marks Confluent Health’s 16th acquisition since May 2019. Access PT provides physical, occupations, pelvic health and hand therapy in 66 locations in Pennsylvania, Connecticut, New York and North Carolina. Confluent Health, a portfolio company of Swiss-based private equity firm Partners Group, is a family of physical and occupational therapy companies transforming healthcare by strengthening private practices, developing highly effective clinicians, innovating new services and technology to improve the quality of care for patients and lowering costs via... Read More »
Access Physical Therapy & Wellness Partners With Kentucky-Based Firm

Ivy Rehab Partners with Hilltop Physical Therapy

Harrison, New York-based Ivy Rehab announced this week its latest partnership with Hilltop Physical Therapy in Fredericksburg, Virginia. Hilltop Physical Therapy has a team of physical therapists and licensed orthopedic manual therapists who specialize in treating a variety of conditions, including back pain, sciatica, neck pain, headaches, shoulder pain, knee pain, hip pain, foot pain, ankle pain, elbow, wrist or hand pain, sports injuries and more. The company’s treatment techniques include physical therapy, orthopedic manual therapy, sports injury rehabilitation, massage therapy, therapeutic exercise techniques and kinesio taping. Founded in 2003, Ivy Rehab, a portfolio company of... Read More »
First Citizens Bank Funds $58.4 Million for Miami Medical Rehabilitation Facility

First Citizens Bank Funds $58.4 Million for Miami Medical Rehabilitation Facility

First Citizens Bank’s Healthcare Finance division has allocated $58.4 million in financing to Anchor Health Properties for the construction of a state-of-the-art, 92-bed inpatient rehabilitation facility in Miami, Florida. Set to encompass 96,000 square feet of rentable space, including an attached parking garage, the facility will be leased to a collaborative effort between Baptist Health South Florida and Lifepoint Health. It will specialize in acute rehabilitation services for conditions stemming from stroke, brain and spinal cord injuries, amputations, as well as neurological and orthopedic disorders. Baptist Health South Florida, one of the largest healthcare organizations in... Read More »
Rehab Practice Management Purchases Top PT in Franklin, TN

Ivy Rehab Continues Expansion in New Jersey with AmeriCare

Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, has partnered with AmeriCare Physical Therapy in New Jersey. Founded in 2006, AmeriCare Physical Therapy is a provider of outpatient physical therapy and rehabilitation in Mountainside, Garwood, Piscataway and Warren, New Jersey. Founded in 2003, Ivy Rehab is a network of outpatient physical, occupational and speech therapy and applied behavior analysis clinics throughout the United States. “Partnering with AmeriCare signifies an exciting chapter in our commitment to delivering unparalleled care to the community of New Jersey,” said Jonathan Jean-Pierre, COO of Ivy Rehab. “This... Read More »
U.S. Physical Therapy Acquires Nine-Clinic Physical Therapy And Hand Therapy Practice

U.S. Physical Therapy Acquires Nine-Clinic Physical Therapy And Hand Therapy Practice

U.S. Physical Therapy, Inc., a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced on April 1 the acquisition of a physical therapy and hand therapy practice with nine clinic locations. The practice being acquired currently generates approximately $11.4 million in annual revenues and has approximately 65,000 annual visits, according to the original deal press release published on BusinessWire on April 1, 2024. Founded in 1990, U.S. Physical Therapy, Inc. operates more than 678 outpatient physical therapy clinics in 42 states. The company’s clinics provide preventive and post-operative care for a variety of... Read More »