The Recording for 2017 The Ins and Outs of Selling Your Private Practice Webinar is now Available!

Its NOT TOO LATE to register, and NEVER TOO EARLY to start planning.  There are value makers and value takers in every practice – what are yours???? Corporate entities are buying practices across the country – are you making a deal with the devil or missing the boat????

THE INS and OUTS of SELLING YOUR PRIVATE PRACTICE

Recording now available -listen 24/7/365
 registration  – $95 includes all material

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.


The Ins and Outs of Selling a Private Practice or Practice Entity
The Ins and Outs of Selling a Private Practice or Practice Entity
Price: $95.00

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 $395,000.00 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.

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.

GREAT OPPORTUNITIES FOR OTRS at Chatty Child Speech & Occupational Therapy Center in Tribeca.

Chatty Child™ is a personalized therapeutic center for children and their families conveniently based in downtown Manhattan. Treatment sessions and services are provided in a beautiful, state-of-the-art center. The Chatty Child Center is comprised of a large sensory room, individual treatment rooms, and a comfortable, inviting waiting and resource room with internet and wifi connection for parents and caregivers and offers both Occupational and Speech therapy services. The center is an approved DOE and EI provider and also have a very strong referral base of private patients.  The demand for occupational therapy services is growing and they are seeking additional OTs to join their team!

IMMEDIATE OTR POSITION AVAILABLE

  • OT needed for center-based case load
  • Fee for service
  • 2-4 days per week (Monday/Wednesday and Friday/Saturday)
  • Must have NYS OTR/L license
  • Will Need DOE finger printing clearance.

Growth potential available for interested therapists.
You will be joining a team of experienced and dynamic therapists.

Please send resumes to Heather Boerner, MA, CCC-SLP, TSHH – heatherb@chattychild.com
Contact us via email if you have any questions about specific locations, caseloads, fees etc.Chatty Child Speech & OccupationalTherapy, PLLC 
325 Broadway, Suite 403 | New York, New York 10007 | www.chattychild.com

All About Kids Has Immediate Openings for OTs PTs and STs in the NYC Public Schools

We Are Thrilled to Announce that the
NYC Department of Education Contracts have been Awarded for the 2017-2018 School Year!

All About Kids, A leading provider for Evaluations and Therapy  Services (Awarded Primary, Secondary and Tertiary)  For many  Speech ,OT ,PT  Related Services and Counseling Throughout the NYC 5 Boroughs.
Become a part of our team!

  • Full-time, part-time, flexible schedules and competitive rates with salary options available with little or even no travel 
  • Early Intervention Services , Evaluations ,Special education including ABA
  • Services are available for full and part time positions both School and Home based

Join us for an informative Open House Wednesday August 9th in Brooklyn or August 10th in Queens! 

First 5 attendees guaranteed door prize of iTunes gift cards and thereafter raffles drawn throughout the day Lite Refreshments will be served and our supportive, experienced staff will be available for Q&A  RSVP: Jane.Weinstein@allaboutkidsny.com  or call (516) 576-2040×174 for more information Wednesday August 9th  2017 @ 8:30 am – 5:00 pm In Brooklyn – 175 Remsen Street ( suite 750 )  Brooklyn NY Thursday August 10th 2017 @ 8:30 am – 5:00 pm In Queens – 37-11 35th Avenue ( Suite 3C)  Astoria NY
If you are unable to attend one of our  open houses: please apply online through our website
.

Immediate opportunity for a pediatric therapist to become a partner in a well-known and established PLLC in a great Brooklyn neighborhood

A multi-disciplinary practice in South Slope Brooklyn, NY founded in 2011 is looking for a new partner due to the OT partner’s relocation. The practice’s central location is convenient to families via car, subway or bus. The practice has enjoyed an excellent reputation not only among families and patients, but also among preschools, private schools, CPSE administrators, EI agencies, and local pediatricians.

The office is DOH approved for EI services and is housed in a wheelchair accessible, modern building with elevator. The office includes a large, fully equipped sensory gym area with a separate waiting room, spacious treatment office, and staff office.

The practice’s 50% ownership share is being offered for sale to an OT or other therapist looking to work with a great team of dedicated therapists. This is also a great opportunity for an existing practice looking for a second location. Terms are negotiable and the owner will be available to assist with any transition to the prospective buyer. There is significant growth potential, a steady stream of referrals and patients, and already a small waitlist for OT services for the next school year.

Full financial information including but not limited to profit/loss statements and tax returns for the last three years are available for inspection. The gross revenue for the company is consistently over $200,000 in addition to reliable rental income. The lease is reasonable, transferrable and renewable. The practice also has a reliable source of rental income from long-term sublets to offset operating costs, and has many opportunities for growth such as additional sublease of the space, offering home care services, and weekend treatment hours.   This is a great investment with a low risk potential for a substantial return on investment. Serious inquiries only, please contact the owner with inquiries or more information about the sale price at 347-534-7796.