PT Moniker Changes

New day, new name for a number of PT practices across the country.   Check out the changes: 

ATI’s now on the door of IDEAL Physical Therapy locations in Arizona and Texas.   That’s also true for Triumph Physical Therapy’s four Southeast PA clinics.   

Ivy Rehab recently announced a partnership with The Orthopedic Institute of NewJersey.   As new owners, Ivy will manage three of their NJ physical therapy locations.  

Maryland Physical Therapy is now part of Pivot Physical Therapy’s network of 120+ locations.  The Glen Burnie, MD excels in work injury rehabilitation.

ATI Hits 150 in Illinois

ATI Physical Therapy added more Illinois locations recently with the acquisition of Atlas Physical Therapy and Sports Medicine Centers.  The early June acquisition includes four clinics in Chicago's western suburbs - not far from the ATI corporate office in Bolingbrook, IL.   ATI's Illinois total is now 150 with another company office set to open June 20 - also in the western suburbs.  >>Read more

"We are excited about our partnership with ATI and believe it will provide our organization with valuable resources, which will help us continue to provide the highest quality of care for patients throughout our communities..."

~Charles Clark, Atlas Director

                                                                        

ATI's Red Letter Occasion

With the acquisition of two physical therapy practices, Chicago-area based ATI Physical Therapy adds locations in 6 states.  From the heartland, Community Rehab Physical Therapy (Omaha-area HQ) and its 12 clinics now go under the ATI banner.  With the addition of California-based Adient Physical Therapy, ATI extends its reach deeper in the western U.S.  Adient's 7 clinics are located in Alaska, Arizona, Oregon and California.  

Dylan Bates, CEO of ATI Physical Therapy noted: 

"The addition of these two organizations is a red-letter occasion for ATI - strengthening our position in the Midwest and greatly expanding our services in the West..."

>>Read more

Will One Less Matter?

The "One" refers to Physiotherapy Associates, a major player in the outpatient physical therapy world - now part of Select Medical Corporation, an even larger player.  The recent acquisition increases Select's U.S. rehab dominance to 1500+ facilities.  Even with one less buyer, PT acquisition activity is strong.  Strategic buyers and investors remain on the look out for profitable PT practices in key markets - pediatric as well as adult physical therapy.

Advent International's recent investment announcement ensures ATI Physical Therapy of the resources to drive continued growth and accelerate their expansion into new regions and markets.  

But, there's more...Urgent care continues to get its share of attention from prospective buyers.  Over the past few years, healthcare systems have stepped up as buyers or joint venture partners.  Bruce Japsen, a Motley Fool columnist and business writer assesses the value of urgent care this way: "...a game-changer for the healthcare industry -- more and more Americans are gaining healthcare, and urgent care centers are helping save employers and insurers money..."
 
The fragmented dermatology sector has its suitors as well... with platform practices making acquisitions to strengthen an existing region or break into a new one.  The same holds true for multi-specialty practices. 

And, by the way... for practice owners considering a sale... We're happy to help find you a buyer (610-527-8400).

ATI Adds NE to Footprint

Two successful Massachusetts PT practices recently joined the growing ATI family.  The nationwide rehabilitation provider announced the acquisition of Sports & Physical Therapy Associates (SPTA) and Attain Therapy + Fitness in early December.  ATI, now boasts over 500 locations and offers "Bay State" patients over 30 rehab locations.  >>Read more

ATI Sails into the Southeast

ATI, one of the country's leading physical rehabilitation companies, again moved outside its Midwest base.  The recent acquisition of North River Physical Therapy extends its coverage into the Southeast US.  ATI brings on board eight Chattanooga, TN-area locations which includes a northern Georgia location.  According to ATI, Senior VP, Jason Hafner, the former owners of North River will stay on and continue "steering the ship…"

With the North River acquisition, ATI tops 275 locations in ten states.   It is the largest operator of comprehensive outpatient orthopedic rehabilitation clinics unified under one name. >>Read more

Cause for Celebration at ATI

Management and staff at ATI, the nationally-recognized provider of outpatient orthopedic rehabilitations, deserve HIGH- FIVES.  In 2013,  ATI has steadily acquired clinics in key mid-atlantic and midwest states: Delaware, Maryland, Pennsylvania, Illinois, Indiana, Wisconsin.  In fact, over 20 clinics have been added under the ATI banner.  We're pleased... as our former client, MX Physical Therapy, was acquired in January and is part of ATI's growth to date.

Top 10 Healthcare Workplace
Kudos to the Bolingbrook, IL-based organization… for recognition as a Top 10 healthcare company based on results of the yearly WorkplaceDynamics survey.  The survey measures employee satisfaction, engagement, organizational health.  Overall, ATI was ranked #54 of the 872 companies (with 1000+ employees)  participating in the top workplaces programs.  >>Learn more

In the Spring, ATI was also recognized regionally as a top workplace in the Philadelphia and Indianapolis regions, respectively.

As a proud President and CEO, ATI's Dylan Bates noted:

“As we look to the future, and as our company continues to grow, we are even more determined to provide an environment in which our employees can enhance their skills, succeed in the field of their choice, and grow from the positive experience of having excellent outcomes for our patients,” 

Good Job ATI...

ATI Bridges East & Midwest with Acquisition

The Motion Hand & Physical Therapy moniker changed on October 1 with its acquisition by ATI Physical Therapy.  The 10-clinic practice increases ATI’s office count to 190 and extends their coverage into Ohio.

“We are especially excited about our expansion into Ohio as it will bridge the geographical gap between our Midwest and East Coast divisions.” according to Greg Steil, ATI CEO.