Empower Physical Therapy Acquires Spectrum Therapy Consultants

Empower Physical Therapy Acquires Spectrum Therapy Consultants

Empower Physical Therapy, a portfolio company of Chicago-based private equity firm Sheridan Capital Partners, announced on March 10 its acquisition of Spectrum Therapy Consultants for an undisclosed price. Founded in 2006, Spectrum Therapy Consultants provides outpatient physical therapy services using a hands-on, individualized approach. These personalized treatments assist patients recovering from a range of health issues, including pain, orthopedic and neuromuscular problems, joint issues, post-operative conditions and sports and work-related injuries. The company operates seven locations across the El Paso, Texas metropolitan area. Empower Physical Therapy provides physical therapy... Read More »
LifePoint Health Acquires Four Rehabilitation Facilities

LifePoint Health Acquires Four Rehabilitation Facilities

LifePoint Health, a subsidiary of RCCH HealthCare Partners and Apollo Global Management, announced on March 2 that it purchased four rehabilitation facilities for an undisclosed price. The facilities have a combined workforce of 500 staffers and each facility has 36 rooms. The facilities are in Longview and Temple, Texas, Cincinnati, and Rogers, Arkansas. LifePoint Health owns and operates 62 community hospitals, more than 30 rehabilitation and behavioral health hospitals and 170 additional sites of care, including managed acute rehabilitation units, outpatient centers and post-acute care facilities. RCCH HealthCare is a portfolio company of Apollo Global Management. This acquisition... Read More »
Empower Physical Therapy Acquires Spectrum Therapy Consultants

Eclipse Decathlon Purchases Two Florida Rehabilitation Centers

Eclipse Decathlon Properties, LLC announced that it sold two Pinellas County rehabilitation centers for $23.3 million. The buying entity is affiliated with Joseph Herskowitz. Eclipse Decathlon Properties is linked to Santerre Health Investors, a global healthcare-focused investment and operating platform that is a joint venture between Highgate Capital Investments and Aurora Health Network. Countryside Rehab and Healthcare Center is in Palm Harbor, Florida and provides rehabilitation services to the surrounding areas. The rehabilitation center has 120 beds. It was sold for approximately $12.95 million. Bardmoor Oaks Healthcare and Rehabilitation Center offers rehabilitation services out of... Read More »
Ivy Rehab for Kids Partners With Sora Therapy

Ivy Rehab for Kids Partners With Sora Therapy

Ivy Rehab for Kids welcomes Sora Therapy to its network. Founded in 2004 and based in Andover, Minnesota, Sora Therapy provides pediatric physical, occupational and speech therapy. Terms of the deal were not disclosed. Ivy Rehab for Kids is an outpatient pediatric rehabilitation provider and part of the Ivy Rehab network. Founded in 2003, Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, is a network of outpatient physical, occupational and speech therapy and ABA clinics throughout the U.S. According to data captured in the LevinPro HC database, this marks the seventh Rehabilitation transaction of 2023. This is a significant decrease from the same... Read More »
Empower Physical Therapy Acquires Spectrum Therapy Consultants

Waud Capital-Backed Ivy Rehab Acquires Excel Physical Therapy

Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, announced its acquisition of Excel Physical Therapy, which provides care to patients in 24 clinics throughout New Jersey. This marks Ivy Rehab’s first transaction of 2023. The partnership with Excel Physical Therapy brings an additional 24 clinics to Ivy Rehab’s more than 100 New Jersey locations. Terms of the deal were not disclosed. Founded in 2003, Ivy Rehab is a network of outpatient physical, occupational and speech therapy and ABA clinics throughout the U.S. According to data captured in the LevinPro HC database, this acquisition marks the sixth Rehabilitation transaction of 2023.... Read More »
Confluent Health Acquires MOTION PT

Confluent Health Acquires MOTION PT

Confluent Health, a portfolio company of Swiss-based private equity firm Partners Group, announced on February 1 its newest partnership with MOTION PT Group. The partnership brings Confluent Health’s national footprint to 609 private practice clinics in 35 states. The partnership will allow MOTION PT to maintain its existing branding while gaining access to Confluent Health’s ecosystem of management services as well as education and musculoskeletal health resources. MOTION PT Group is a physical therapy, occupational therapy and speech therapy company with 59 clinic locations across Connecticut, Massachusetts, Maryland and New York. Confluent Health includes physical and occupational... Read More »