SOLD Physical Therapy Practice for Sale - Southern California
Transition Consultants provides advisory services to physical therapy practices and sports medicine practices nationwide. We have most recently been involved in buy-side advisory for a practice acquisition in San Diego County, California, and sell-side advisory for a project involving selling a Medicare Certified Rehabilitation Agency.
The Certified Agency consisted of a Physical Therapy & Sports Medicine practice for sale. This was a a longstanding clinic located in a very desirable community of Southern California. Strong gross income with a balanced payor mix of Medicare, PPO Insurance, Workers Compensation, and Patient pay. Ample referral stream from Physicians, Orthopedic Groups, Case Managers, and School Districts. Large facility with ample treatment rooms, athletic facility, front and back offices, restrooms, and reception Area. Ample parking and convenient access to major freeways.
Practice emphasis was on the evaluation and treatment of musculoskeletal and post-operative physical therapy for orthopedic, sports, and work related injuries, and incorporates a variety of modalities and equipment. Special programs had been developed for employers to address pre-employment screenings, functional capacity evaluations, and work conditioning for employee reintegration.
Payer mix consisted primarily of Medicare and PPO with some work comp and cash paying patients. Complete staff of physical therapists and back/front office personnel to help run the business. Practice was complete with all furniture, equipment, trained staff, and transition assistance for a turnkey opportunity. Practice revenues had been steadily increasing with the owner showing consistent discretionary earnings.
For a complimentary assessment on how we can assist with your project, please contact physical therapy practice sales consultant at 800-416-2055.