Physical Therapy (2 Store Package)

Description

Package of two physical therapy offices for sale in suburban Wayne County, Michigan. The practice has been operating since 1994.

Practice profile

• Two operating locations
• Operating since 1994
• Existing patient base
• Experienced clinical staff
• More than 35 insurance plans accepted

The team includes physical therapists, physical therapist assistants and athletic trainers.

Services

• Orthopedic injury rehabilitation
• Post-surgical therapy
• MedFit programs
• Occupational therapy
• Vestibular rehabilitation
• Balance therapy
• Athletic injury treatment
• Fitness and wellness programs

Growth

The current owner does little active advertising.

• Local and digital marketing
• Longer operating hours
• Additional therapy and wellness services
• Retail product sales
• More physician and healthcare referral relationships
• Community and Chamber of Commerce involvement

Due diligence

Buyers should review financial results for each office separately, active patient counts, payer mix, reimbursement rates, referral sources, employee compensation, lease terms, equipment ownership, accounts receivable and insurance contracts before closing.

Physical therapy and occupational therapy services are subject to applicable Michigan professional licensing and healthcare requirements. Payer agreements, provider enrollment and clinical licenses should not be assumed to transfer automatically with the sale.