Showing posts with label
pediatric occupational therapy.
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Showing posts with label
pediatric occupational therapy.
Show all posts
Care Resources, a provider of pediatric therapy and early
intervention services since 1984, is now part of Epic Health Services. The acquisition of Care Resources will
strengthen Epic’s current lines of home services: pediatric skilled nursing,
therapy, developmental services and home medical solutions. Epic, a Webster Capital portfolio company,
also provides adult services.
Care Resources will be re-branded to Epic Developmental
Services. Currently,
Epic operates in 17 states across the U.S.
>>Read more
The pediatric therapy healthcare sector is comprised mainly of therapists or owners who operate 1-2 centers. Their options to retire, sell their practice and monetize what they had nurtured for years were very limited. While big therapy companies were primarily interested in acquiring adult practices, financial investors could not see a clear path to a return on investment.
Now, like many newer industries, the pediatric therapy sector has evolved into a bigger, more mature enterprise. Consolidators and investors alike have a newfound respect for this specialty.
So, is this good news for a pediatric therapy owner?... a resounding YES!
First: owner's options to sell the business, add to their retirement nest egg and transition the practice into "good hands" have increased.
Second: the value of their practice has probably increased substantially. Pediatric therapy has always been highly respected by the healthcare community and now with the respect of the financial world - it is a very good thing.
Care to learn more...give us a call. We'll be happy to share additional insight.