A well established and  highly regarded adult orthopedic/sports medicine Physical and Occupational therapy practice with 4 branches in the Greater NY/NJ area is available for sale.

This is a well established and highly regarded multidisciplinary ( PT and OT) practice  with 4 offices located in great, strategic locations in the Greater NY/NJ area.  primarily focused on orthopaedic, musculoskeletal and fitness/wellness The practice enjoys a great reputation and receives steady patient referrals from many physicians, their informative website, as well as word of mouth. Collectively the practice  has over 40 employees, provides over 1600  treatment sessions monthly and collectively generates over 2.5-3$M in revenue. Each office is fully renovated, fully equipped and staffed.  The terms of the leases are extremely favorable, transferable and renewable. All leasehold improvements to each space shall remain for the benefit of the new owner under the terms of the lease.  The practices are strictly out of network, with the exception of being approved Medicare providers with competitive billing rates and low AR.

Full financial information including but not limited to practice statistics, profit and loss statements, balance sheets, and tax returns for the last 2 years are available for inspection.  Ask price and terms will be disclosed to serious inquiries and qualified buyers. For more information: Please email:  sww_1970@hotmail.com

Great Opportunity to Purchase a Boutique Holistic Physical Therapy Practice in the Greater Los Angeles, California area

A  highly regarded holistic adult physical therapy practice in the Greater Los Angeles California area is for sale. This is a great opportunity to purchase a growing practice or to establish a fantastic second location.

Due to the upcoming relocation of the owner, this boutique physical therapy practice owner is seeking a like-minded holistic physical therapist who is looking for a strong foundation upon which to continue to build a loyal following of clients, or for someone who wants a great second location for their existing practice inside a well known and popular gym in the Greater Los Angeles area. The current owner only practices on a part time basis, so there is tremendous opportunity for future growth and development simply by expanding available hours for treatment.  

Taking a patient-centered approach, which addresses the whole person rather than simply the symptoms; sessions are one-on-one and mostly hands-on. Pilates is offered, and all patients are encouraged to use the gym facility before/after each session to improve outcomes. The practice is organized as strictly out-of-network and accepts Medicare insurance. The practice averages approximately 15-20 productive visits per week and receives approximately 2-3 new patients per month.   

The clean and modern physical office is on the ground floor; there are no steps to access the office and the office is ADA compliant.  There is a private room as well as access to the open gym area that is equipped with treadmills, ergonomic bikes, free weights, balls, mats, etc., all in excellent condition.  The private room offers a light dimmer and sound machine to improve patient relaxation. There is also a flat area outside of the gym that allows for community gait training. The shared bathroom is equipped with showers. 

Office hours are very flexible. The gym is open weekdays from 5:30 AM to 9:00 PM and weekends from 9:00 AM to 6:00 PM. Patients can be treated in the gym at any time.  The private office is available for over 30 hours per week; however, it is currently being utilized for only 10-18 hours per week, by her choice.  The gym owner is willing to give the new PT owner a lease with a monthly rent of $1000 per month.  

The office is in a very upbeat, mixed-use neighborhood of residential buildings and commercial establishments. It is within walking distance to restaurants, a shipping/mailing service store, a school, doctors’ offices, an acupuncturist’s office, a yoga studio, as well as a bank, grocery store, park, and recreation center. Major LA landmarks are in close proximity.  

Full financial information including but not limited to practice statistics, profit and loss statements, balance sheets, and tax returns for the last 2 years are available for inspection. The gross revenue for the company last year was $100.000,00 and it has great potential to increase. 

Terms: 

Ask price is negotiable; the purchase price will  include  the web site and domain name, active patients, database of past and current patients (approximately 165 names and email addresses), and all equipment.  Current biller is willing to stay on with new owner.  

Owner is willing to finance part of the deal provided that 50% of the price is paid in cash upon closing.  Owner is willing to stay on for a reasonable transition period to introduce buyer to referral sources, patients etc. and would continue to stay on as needed for a defined transitional period if new owner wants some overlap time to ensure a smooth transition. If requested, owner can also consult remotely on business and/or clinical issues on an as-needed basis for a mutually agreed upon fee. 

Serious inquiries only: Please contact Chris at: LNRexpress+bhwa@gmail.com

 

Early Rate Registration is on for the Live Webiner November 15th – The Ins and Outs of Selling Your Private Practice- 7:30-9:30 PM EST

Live interactive webinar 11.15 2017 7:30-9:30 PM EST
Early rate registration ( $85 (ends Oct 31st)

If you envision a time when you will sell your practice, never forget that the best way to build a practice is to build it as if you’re going to sell it. It has to be built to last.

The sale of your practice should start long before it is announced publicly. Proper preparation is essential.
Not since the consolidation in our industry back in the 90’s has there been so much interest in therapy practice sales, mergers and consolidations.  Regardless of whom you might end up selling to, two points to always keep in mind are that (1) anything that increases the volume or the security of future revenue will increase the value of your practice, and (2) what makes your practice valuable to you will make it valuable to a buyer.

Learning Objectives:

1) Understand the specific criteria used to determine the valuation of a practice, including EBITDA, goodwill, infrastructure etc. and what are viewed as value makers versus value takers in the industry.
2) Understand the steps necessary  to prepare your practice to bring it to market and when to get this process started
3) Find out the financial preparation and forms you need to have in place and for review during  due diligence
4) Discuss differences between an outright acquisition, merger, and structured buy in and what determines the best fit for your scenario
5) Understand what makes negotiating with a fellow therapists versus a corporate entity so different and how
you can level the playing field
6)  Discuss the pros and cons of using a broker or intermediary and what makes a qualified buyer
7)  See what you need to do so that you can answer the #1 question: “Can this practice exist without you?”
8)  Understand the steps necessary in selling a practice including non disclosure agreements (NDA), letters of intent (LOI) and purchase agreements.
YES YES YES!!!!  if you are considering buying another therapist’s practice, this info is VERY relevant for you too!

This webinar is to take the angst out of selling a practice and present the information in user friendly, logical steps. The issue will be presented from both the perspective of the buyer and the seller. Live Q/A!

This webinar is presented by Iris Kimberg, MS PT OTR
CEO of NYTherapyguide.com who, on her own, sold her therapy agency in a multi million $ deal to a Fortune 500 company. She has worked on valuations of many  practices and helped sell over 2 dozen OT PT and ST practices in the last number of years.

If you cannot make the live webinar, you will be able to access the recorded version 24/7/365.  All registrants will have access to the recording.
Ask questions live.  Watch from your home on your desktop, laptop, ipad or smart phone. Iris has presented this material for the APTA PPS conference and privately to over 300 therapists. Early rate registration – $85 until Oct 31.  $95 Nov.1

A very well established, highly regarded pediatric/adult  sensory based practice in Central Florida is available for sale. This is a great opportunity to purchase a thriving practice or to establish a fantastic second location.

Due to the upcoming retirement of the owner, this fantastic sensory based private practice is being offered for sale. It is almost exclusively self-pay, averages a 100 plus productive visits per week, receives approximately 10 new patients per month, and has long term part and full time OTRs and COTAs, who treat the majority of the patients and are eager to stay on at the practice under new ownership. It enjoys a stellar reputation with local physicians, schools, and colleagues for its individualized care and unique sensory based treatment approach. The practice is fully up to date with EMRs, a Computer Network, File Server, Multiple Work stations, Wireless Router and Cable Internet. Although the practice is currently owned by an OT, it is felt that a like minded health professional from another discipline could successfully run and expand the practice. The practice is located very close to one of Florida’s fastest growing cities. The  1500 square feet office includes 3 treatment spaces, each with multiple suspensions, a testing and evaluation room, a kitchenette and office spaces. The lease is reasonable, transferable and renewable. An added potential bonus is that the building owner has indicated willingness to sell, providing an opportunity not only for real estate ownership but also to increase  space utilization up to approximately 4,500SF, bring in other health professionals, services etc.  For any party interested in both the real estate and the professional practice, please note that these would be 2 separate, mutually exclusive transactions.

Full financial information including but not limited to profit and loss statements, balance sheets, and tax returns for the last three years are available for inspection. The gross revenue for the company is over $500K, and is projected to reach $600K for 2017.

While the client waitlist suggests that there is tangible evidence for growth, the current owner’s prioritization of service and effectiveness – rather than expansion, continues to yield a solid profit margin. Services, almost exclusively private pay, are underwritten by strong interest and commitment of parents.  Currently there is no active marketing/social media program which could also drive additional clients to the practice.

The practice is being offered at $475,00 with negotiable terms.  The owner is willing to stay on for a reasonable transition period, and might consider longer-term employment opportunities with new owner.
Serious inquiries only:  Please contact Iris Kimberg, MS PT OTR on behalf of the practice owner at
iris@nytherapyguide.com.

Get the Recorded CHAT! Independent Contractors vs. Employees – What You Need to Know

INDEPENDENT CONTRACTORS VS. EMPLOYEES Wednesday September 27th 7:30-8:30 PM $25 Whether you are a practice owner who hires therapists, a therapist hired by a private practice, a home care agency, or hospital, or a therapist who holds themselves out to the public as an independent contractor, understanding what  these classifications really mean  is vital and has important ramifications for both parties.  It is time to take this issue out of the gray matter and separate fact from fiction. UBER has brought the matter of worker classification to the forefront in the last year but therapists have been dealing with this issue for 20 years!! This issue will be presented in detail from all perspectives as far as therapists are concerned, and from the vantage point of the Internal Revenue Service and the Labor Department, regardless of what state you live in. The purpose of this group chat is intended to help you: 1) Understand the specific criteria used to determine whether a therapist should be deemed an employee or an independent contractor 2) Understand the rule of “Substance over Form “ application – why the substance of what a therapist does is far more important than the contract they sign! 3) Find out the specifics of what you can do to protect yourself if: a. you want to classify a therapist as an IC b. you want to classify some therapists as employees and some as Ics 4) Find out how to “clean” up your worker classifications before an audit 5) Find out what to do if you think you are being misclassified You can submit questions in advance at iris@nytherapyguide.com  and also ask questions live.
Both chats will be recorded so if you cannot attend live, you can still get the info, which includes the powerpoints. the Q/A etc. Enrollment is limited to 20 per session to encourage engagement and participation.

 

Finally, there’s 101 Mobility . Set yourself and your patients in motion! Here’s a  good source for patients who are being discharged, want to age in place, or go try out options to improve the quality of their lives.

About 101 Mobility – NOW IN WHITE PLAINS NY

For those with physical limitations, 101 Mobility designs and installs the optimal solutions to provide liberation from your restraints. And, where there are restrictions, limitations, challenges and frustrations, our local teams of experts will work relentlessly until you are completely satisfied. After all, the true power of our brand is the people — the experts, problem solvers and trusted allies that work hard every day to deliver the best solutions to you.

Full access. Full mobility. That is how we change lives for the better.
768 N. Broadway White Plains NY 10603
914 448 0101  whiteplains.101mobility.com

Leading Westchester County Peds Practice has Openings for PTs and OTs

Physical Therapy and Occupational Therapy Positions Available –   Sign on Bonus
A leading Pediatric Therapy practice in Westchester County, NY is looking for energetic, licensed and experienced PT’s and OT’s to join our team. We are a multi-disciplinary practice providing OT, PT and SP, servicing infants thru teens. Positions available in our office as well as local public/private schools. Full-time and Part-time positions available.   With a focus on the whole child, our team of therapists are dedicated to providing children with the therapeutic interventions that will help them reach their potential.  Weekly staff meetings and clinical supervision provided in a supportive, friendly and professional environment.  Competitive salary based on experience and/or educational background.
Current NYS PT/OT license required.  Will consider new grads with strong pediatric fieldwork placements.
Please forward resume to admin@dynamickidsny.com or contact DK at 914-428-5151.
http://dynamickidsny.com/

 

Pediatric Occupational Therapy Opportunities in a well established SI Clinic in NYC.

Connect the Dots OT, PLLC NYC is Happy to Announce New Pediatric Occupational Therapist Opportunities  Connect The Dots Occupational Therapy is a pediatric sensory integration clinic looking to hire independent contractor Occupational Therapists for full and/or part-time positions Monday through Saturday. Connect the Dots OT is very family-oriented and will offer as much support as needed in order to help you succeed. We are located in Midtown Manhattan, offering school, home and clinic based cases throughout NYC for children of ages 0-21. CTD has also expanded with home-based services throughout Hudson County, NJ. We are steps away from most NYC subway lines, in addition to the NJ Path and LIRR.

CTD OT is happy to announce that we have been awarded the NYC Bid for all districts in Manhattan for Pre-Ks and School-age along with D75 and  district 14 in Brooklyn.

Services we offer include:

  • Handwriting without Tears

  • Mentorship program

  • Early Intervention Services

  • After-school clinic and home cases

  • Customizable schedules (you get to create and manage your own schedule)

  • Full administrative support

New grads and experienced OTs are welcome to apply.

Please email admin@ctdtherapy.com with a cover letter and resume.
http://connectthedotstherapy.com/

Grade A Professional Medical Building on the Upper East Side of Manhattan has a great rental space for an Experienced Adult Physical Therapist or Therapy Practice.

Experienced Physical Therapist to lease 1350 sq ft floor in NYC UES medical building.  The floor is well-equipped for PT, and it is expected that the facility would be operated on an independent basis.  Other medical offices in the building include a group of 5 neurologists associated with a prominent medical center.  In addition, there is a  pain management group, physiatrist, rheumatologist, and acupuncture group in the building.  This is an ideal facility to initiate a new PT practice or expand an existing one or establish a second location.

Lease terms and further details on request from principals.
Interested parties should contact Eileen at 646.962.6656 or pt.nyc162@gmail.com

Line up your Fall Opportunities throughout the 5 boroughs of NY for school/home and center based Pediatric PT/OT/SLP services with Watch Me Grow!!!

Hiring OTs, PTs, and SLPs!!

We are looking for great therapists to help us with our new Primary DOE vendor contracts. Have a full caseload in early September!
Referrals are available right now to work in one of our sensory gyms, homes pre-schools and

Manhattan (Districts 1, 2, 3, 4)
Lower East Side
Chelsea
Midtown East
Clinton
Yorkville
Lower/Upper Park West
Brooklyn (Districts 13, 14):
Morningside
Brooklyn Heights
Fort Greene
Bed-Stuy
Greenpoint
Williamsburg

In addition, we offer Early Intervention services in all 5 boroughs and in our UWS and East Village
Sensory Gym locations.

For Speech-Language Providers:  CFY supervision is available. All clinicians must hold a current TSSLD/TSHH. We are also looking for Bilingual Spanish SLP’s. Providers must have successfully completed the NYSED BEA or hold a Bilingual Extension Certificate.

If you want to become a part of a dedicated, supportive team in a fun company culture, call us today!  Full-time or part-time positions available and you can make your own schedule. We offer health benefits, 401k, fast payment, competitive rates, and help with student loan forgiveness!

Watch Me Grow is a program of Liberty POST.  Check us out at www.Liberty-POST.com and www.watchmegrownyc.com.  Apply here:  http://bit.ly/TherapyJobs, Or contact Shirael Pollack at spollack@liberty-resources.org or  212-721-0208.