Iris Kimberg MS PT, OTR is no stranger to the business world. She started her first company, HTA of New York, Inc 30 years ago, at a time when contract agencies as we know them today did not exist. When she sold the company in 1996, it had three branch offices, 700 affiliated therapists and was generating $14 million in revenue. During the time when Iris was under a non-compete clause and not able to work in the industry, her idea to be a consultant was born. “After the initial thrill of not working wore off, I realized how much I missed interacting with all the therapists I had grown to know through my company. So they began to call me at home, and eventually the talk would turn to therapy.” I clearly saw that there was a need for a consulting company where therapists either already in private practice or thinking about private practice could turn to for advice in this rapidly changing and competitive health care market.” Trial and error is no longer acceptable, building business intelligence is.
Iris now enjoys sharing her expertise with others in the field through workshops, seminars and private consultations. She was a Professor at Columbia University DPT program, teaching a marketing and business entrepreneurship for 12 years and has also guest lectured at both Touro College and Long Island University. She was the Merion Publication’s ( parent company of Advance Magazine) business columnist, writing over 70 columns on business practice and management for 10 years, has written articles for PPS IMPACT magazine, and has been a featured speaker for the APTA and AOTA, The Council of Physiotherapists in NYS, and a frequent webinar presenter for the Private Practice Section of the APTA.
Iris has been involved in helping over 36 private practices sell their entities in New York City and New York State, New Jersey, Connecticut, Florida, California, Oregon, Illinois, Colorado, North Carolina, and Alabama. Iris has assisted in practice valuations to determine realistic ask prices, developed discreet marketing plans to announce practice sales, and has acted as an intermediary in negotiations and bringing a sale to a successful conclusion. Many times potential buyers of practices reach out to Iris to help evaluate whether a practice is a good fit, or worth the ask price. Consultation fees start as $200 per hour pro-rated with no minimum or maximum time commitment.
To date Iris has consulted with over 700 PT OT and ST practices, both big and small throughout the United States in various stages of starting, growing, and selling their practice. Nothing makes her happier than to see other therapists become successful in their own right. You can also check out her new website: https://www.privatepracticeopportunitiesandguidance.com/