Private Equity/Financial Sponsors. FOR ADDITIONAL INFORMATION YOU MUST VISIT OUR WEBSITE AND COMPLETE THE NDA UNDER THE BUSINESS 4-SALE TAB: WWW.STEVEDSMITH360.COM Confidential Listing! Stay on top of the latest rehab therapy tips, trends, and best practices with our weekly blog digest. Fax: 800.606.4597, 18809 West Catawba Ave, Suite 102 Buying Physical Therapy Practice physical therapy Comments : Skip Navigation Links. If your business has been trending upwards for the last couple years, you may be in a good position to finally cash in on all of your years of hard work and sell your physical therapy practice. Last year, at WebPT’s fifth annual Ascend business summit for rehab therapists, the WebPT team hosted a... I’ve spent an enormous amount of time researching MIPS—from digging through the 2,000-odd pages of the final... Over the years, I’ve spoken to many physical therapists with aspirations of someday owning their very own... All you physical therapy private practice owners and providers can take a collective sigh of relief, because... What’s in a name? Physical Therapy Practice in Bryan, College Station. Book Value:Value based on financial statements. Strategic partnerships are a great way to boost revenues, build service offerings, and generate more leads simply by networking. Seller currently employs a manager/licensed therapist to run the business and treat the patients, with 2 additional part-time therapists and 1 … PM&R Practices/physiatrists treat back pain, sports medicine, spinal cord injuries, strokes, disabilities and brain injuries, and provide … After all, he points out, “One malicious letter or unpleasant meeting with a referral source can freeze the stream of incoming patient referrals.”. SELLER IS RETIRING! For example, if a manual-based practice were to switch over to a movement-based one, it could cause some raised eyebrows from patients. In fact, Sunbelt currently has listings for 0 physical therapy practices for sale in Illinois (IL). She anticipated that this would take time, but it ended up taking much longer than she expected. The idea that you’ll have a steady … You now have a complementary service to offer clients, plus a new pool of prospects and tons of future marketing fodder. Pagador opted to stay on WebPT, and she retained the previous owner’s office assistant, bookkeeper, and accountant. If you ask any expecting parent, it’s a lot. Similarly, Pagador advises looking at provider-payer relationships before making the purchase. Physical Therapy Inc, ATI Physical Therapy, and Athletico Physical Therapy. See how WebPT helps you over your biggest business hurdles. The annual Graham Sessions started as a result of not having a forum to vigorously debate the issues driving our physical therapy profession. The outpatient rehabilitation industry is thriving right now, and growth is being driven by several factors. Physical therapy practices are mostly being acquired by strategic buyers, or buyers who have a business in the same industry and are looking to expand. She recommends gradually transitioning over to your preferred techniques and treatments styles, rather than switching overnight. Will the current staff want to stay on with you as the new owner? With that in mind, here are a few things to ponder before you purchase a PT practice: 1. Having certified therapists on your team will open up your offerings to specialized populations and give your business the opportunity to earn additional revenues. So, she decided to change the name to reflect the new ownership, as well as create a whole new employee identification number (EIN) for the new entity. If you’re unfamiliar with pelvic floor treatments, but 20% of existing patients are in the clinic for those diagnoses, you’ll need to know that in advance and plan accordingly. “This can prevent you from having your dreams of a turn-key clinic crushed,” he explains. “Enlist their help as far as how to explain changes to patients,” she says. Phone: 866-221-1870 Many folks wind up purchasing existing practices so they don’t have to build a patient load from the ground up or worry about forging relationships with referral sources. Just as a lot of goodwill is a barrier to entry for competition, and an asset for a buyer to inherit, it can also be an impediment to a sale if valued too … Fax: 866-225-0057, Max Your Margin: How to Stay Profitable Amid Falling Reimbursements. He notes that it’s always preferable to have the previous owner in your corner as your biggest cheerleader. 3. Asheville, NC 28803 25 Year well established practice… If you wish to expand your reach in the community and are looking for a physical therapy practice for sale, we can help. More than ever before, it's important for sellers to know the tactics and techniques that are being used to maximize sales price and achieve desired sale outcomes. This is the only multi-specialty rehabilitation center that has a clinic and does in-home therapy in the area. The ‘ Chelan Chat ’ is a lot would be to begin marketing after you start seeing patients your! Is finding out how much your practice is important, regardless of any near future transactions can tell you true... But with the help of an intermediary, it is never too early to start a therapy... Biggest cheerleader, DPT, is the only multi-specialty rehabilitation center that has a clinic and does in-home in... Of future marketing fodder to just offer rehabilitative services WebPT WORKS across all of rehab! 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