Physical Rehabilitation Network Acquires Bonney Lake Physical Therapy & Hand Rehab in Washington State

Physical Rehabilitation Network Acquires Bonney Lake Physical Therapy & Hand Rehab in Washington State

On December 29, Physical Rehabilitation Network, LLC (PRN) announced the acquisition of Bonney Lake Physical Therapy & Hand Rehab, PLLC (Bonney Lake PT), continuing its expansion in the state of Washington. The Bonney Lake practice will elevate PRN’s Washington footprint to 22 clinics. Founded in 1991 and headquartered in Carlsbad, California, PRN is a leading physical therapy care provider and comprehensive practice management organization providing non-clinical, administrative support services to physical therapists across 16 states in the western and central portions of the United States. PRN is a portfolio company of Gryphon Investors, a leading middle-market private equity firm... Read More »
Physical Rehabilitation Network Acquires Bonney Lake Physical Therapy & Hand Rehab in Washington State

Ivy Rehab Makes Second Acquisition of 2021

Ivy Rehab, a national leader in outpatient musculoskeletal rehabilitative services, announced that it acquired Back in Action Physical Therapy, growing its North Carolina footprint. The details of the transaction were not disclosed. Founded in 2003 and based in Harrison, New York, Ivy Rehab Physical Therapy is a portfolio company of Chicago-based private equity firm Waud Capital Partners. Ivy Rehab provides a comprehensive offering of physical therapy services through its more than 90 centers in the Northeast and Midwest regions of the United States. Back in Action is a privately owned physical therapy clinic that specializes in rehabilitation from orthopedic and sports related injuries.... Read More »
Physical Rehabilitation Network Acquires Bonney Lake Physical Therapy & Hand Rehab in Washington State

ATI Physical Therapy Acquires Auburn Physical Therapy, Expanding Michigan Presence

On December 8, ATI Physical Therapy, the country’s largest single-branded outpatient physical therapy provider, announced that it had acquired Auburn Physical Therapy for an undisclosed amount. Founded in 1996, ATI Physical Therapy is a comprehensive orthopedic rehabilitation provider, specializing in research-based physical therapy, work conditioning, functional capacity evaluations, sports medicine, women’s health and employer worksite solutions. Based in the Chicago suburb of Bolingbrook, it operates 900 clinics (with 22 of those clinics under management service agreements) across Illinois. Auburn Physical Therapy opened in 2003 in Auburn, Michigan, and later expanded to include... Read More »
Physical Rehabilitation Network Acquires Bonney Lake Physical Therapy & Hand Rehab in Washington State

Concentra Scoops Up Yet Another Occupational Medicine Practice

Concentra, a national leader in occupational medicine, announced on November 15 the acquisition of Med Center 100, a Tower Health-operated occupational medicine practice in Exton, Pennsylvania. Following completion of the sale, Med Center 100’s new name will be Concentra Exton. Founded in 1979 in Amarillo, Texas, Concentra is a national healthcare company focused on improving the health of America’s workforce, one patient at a time. The company provides occupational medicine, urgent care, physical therapy and wellness services from nearly 520 medical centers nationwide and operates more than 130 onsite medical facilities. The Med Center 100 acquisition will enable Concentra to provide... Read More »
Confluent Health Strikes Fourth Deal in 2021

Confluent Health Strikes Fourth Deal in 2021

With the backing of Partners Group, the physical and occupational therapy firm Confluent Health just announced its fourth deal of the year, acquiring Manual Edge Physical Therapy for an undisclosed sum. Manual Edge Physical Therapy is a private and therapist-owned physical therapy practice. It offers a diverse list of services including treatments for back and neck pain, extremity pain, concussion, headache, TMJ, and other facial pain as well as specialties specific to women’s and men’s health. The practice is based in Colorado Springs, Colorado. This partnership allows for Manual Edge PT to maintain its existing brand while gaining access to Confluent Health’s shared management services.... Read More »
MemorialCare Health System & Physical Rehabilitation Network JV Strike a Deal

MemorialCare Health System & Physical Rehabilitation Network JV Strike a Deal

MemorialCare Health System and Physical Rehabilitation Network (PRN) announced a joint venture in 2020 to operate 17 community-based, full-service physical therapy centers, creating one of Orange County’s largest consolidations of comprehensive medical rehabilitation. And now the JV has struck an agreement to expand, together adding Complete Balance Solutions Institute for Physiotherapy, Inc. to their network. Founded in 2006, Complete Balance Solutions is a premier destination for neurological, vestibular and balance injuries and disorders. The team collectively brings more than 25 years of experience specializing in treating individuals with dizziness, balance and movement disorders and... Read More »