Exton-Based Physio Dealmaking After Quick Rehabilitation

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PhysioNot long after restructuring its debt and rehabbing its image, Exton’s 25-year physical therapy provider is taking big steps forward with a trio of new deals that add several new outlets to its growing network of 559 clinics in more than half of the nation’s states.

Physio recently announced an acquisition of seven-facility Therapy Plus in Wisconsin, an integration with Anderson Orthopedic Clinics in Virginia and a joint venture with Central Iowa Healthcare.

1727aa2“The addition of these facilities advances our strategic plan to grow Physio through acquisitions, de novos and joint ventures, positioning us to become the nation’s largest provider of physical and occupational therapy, orthotic and prosthetic providers,” Vice President of Business Development Michael Piekutowski said in an announcement.

The deals come on the heels of a $175 million debt restructuring agreement with GE Capital’s Healthcare Financial Services.

Equipped with evidence-based rehab practices, an emphasis on continuous staff education and innovative technology, Physio strives to personalize patient care in order to help them achieve their goals and reach their full potential.

Read more about Physio’s new name, logo and tagline — “Live Better, Work Smarter, Play Harder” — in previous VISTA Today coverage here.

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