Physiotherapy Associates Names New Chief Financial Officer

Paul Solomon is the new chief financial officer at Physiotherapy Associates.

The company, with its home office at 855 Springdale Drive, Exton, has hundreds of individual clinics throughout the country and provides physical therapy, industrial rehabilitation, sports medicine and orthotics and prosthetics services.

Solomon will be responsible for all of the financial activities of the company, which is bouncing back after filing for Chapter 11 bankruptcy protection last November.  Chesco Business Today last reported about the filing and debt-restructuring in May.

“I couldn’t be more excited to welcome Paul as part of the Physio team,” said

Hank Balavender
Hank Balavender

, CEO. “Paul has a proven track record of successful company growth and financial management as well as integrity and a clear vision for how we can bring Physiotherapy Associates to the next level.”

Solomon has more than 25 years of experience in health care financial management and advisory services.  He was most recently chief financial officer of Solstas Lab Partners, a medical testing laboratory based in Greensboro, N.C. During his 5 years there Solstas revenues grew exponentially through a combination of organic growth and acquisitions. The company was sold to Quest Diagnostics.

Solomon has a bachelor’s degree in accounting from the State University of New York at Binghamton and a master’s degree in business administration, with a concentration in finance, from New York University’s Stern School of Business.

 



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