Methodist Healthcare Buys Texas Rehabilitation Hospital
San Antonio, Texas-based Methodist Healthcare announced on October 2 that it has acquired San Antonio Rehabilitation Hospital from NewEra IRF Holdings, an integrated commercial real estate development and capital investment company. San Antonio Rehabilitation Hospital opened in September 2023 to provide inpatient rehabilitation services to people with debilitating illnesses and injuries. For more than 50 years, Methodist Healthcare has provided high-quality care to patients from San Antonio, its 26 surrounding counties and around the world. The hospital, now named Methodist Rehabilitation Hospital Texsan, will house inpatient rehabilitation services that were previously provided at... Read More »
PE-Backed Ivy Rehabs Welcomes Helping Hands Rehabilitation to Network
On September 11, Ivy Rehab announced its partnership with Helping Hands Rehabilitation in Manalapan, New Jersey. Helping Hands Rehabilitation a premier provider of certified hand therapy and specialized rehabilitation services in New Jersey. 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 applied behavior analysis clinics throughout the United States. Now, as part of the Ivy Rehab Network, this partnership will leverage Ivy Rehab’s extensive resources and network to elevate the quality of care provided to patients in Manalapan and surrounding areas.... Read More »
Confluent Health Welcomes Fitness Quest Physical Therapy to Expanding Network
On September 10, Confluent Health announced its latest partnership with Fitness Quest Physical Therapy, a physical therapy company with 16 clinics across Southwest Florida. Fitness Quest Physical Therapy has been providing rehabilitative services to patients in the Southwest Florida area since 1998. The company offers a comprehensive range of services, including orthopedic and sports physical therapy, total joint replacement rehabilitation, work-related injury therapy, pre/post-surgical rehabilitation, women’s and men’s pelvic health, neuro rehabilitation, gait and balance therapy, lymphedema therapy and auto accident injury recovery. Confluent Health, a portfolio company of... Read More »
Select Medical Buys 50-Bed Valir Rehabilitation Hospital
On September 4, Select Medical announced a definitive agreement to acquire Valir Rehabilitation Hospital in Oklahoma City, Oklahoma from Valir Health. Valir Rehabilitation Hospital is a 50-bed inpatient rehabilitation facility focused on personalized care, providing physical therapy, occupational therapy, speech therapy, medical care, nutritional support and more. Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States based on number of facilities. As of June 30, 2024, Select Medical operated 107 critical illness recovery hospitals in 29 states,... Read More »
U.S. Physical Therapy Announces Third Acquisition of 2024
On September 3, U.S. Physical Therapy, Inc. announced the acquisition of a physical therapy and hand therapy practice in Pennsylvania. The practice has eight clinic locations across the state, which currently generate approximately $5.5 million in annual revenues. Founded in 1990, U.S. Physical Therapy, Inc. operates more than 680 outpatient physical therapy clinics in 42 states. The company’s clinics provide preventive and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, treatment for neurologically-related injuries and rehabilitation of injured workers. U.S. Physical Therapy acquired a 70% interest in the target with the current owners... Read More »Schedule a demo
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