After 35 years a highly regarded and well known hand therapist in NYC is relocating.

The practice is structured as a sole proprietorship, and grossed just over $80,000 in 2019, with 1586 productive sessions provided to approximately 115 patients. There are always new patients referred each month, fluctuating from 4 to 15 new patients monthly. The practice currently is in network with Cigna, BC BS, Oxford and Medicare. Payor mix is approximately Medicare.  10%, Worker’s comp/ No fault. 1%,In network.  70%,  Out of network. 5% ,       Private pay     14%

The practice owner ( CHT/OTR)  has well established and long term relationships with many of the hand surgeons in NYC, is very highly regarded among colleagues and adored by patients. The practice sees a variety of patients with hand and upper extremity injuries including traumatic multi-tissue injuries, tendon repairs, fractures, arthritis, repetitive strain, nerve compression, tendinopathies, among others. They provide custom-fabricated static and dynamic splints/orthotics, along with pre-fab splints.  The practice is housed in a live/work loft in Manhattan so the brick and mortar is not included. The practice owner would be willing to stay on for a reasonable transition period and would definitely consider a part time ongoing employment agreement.
Terms of sale – This would be structured as an asset sale, with an ask price of $50,000, with terms available if 50% is paid upon closing.
For additional information, please email Iris at iris@nytherapyguide.com  on behalf of the practice owner.

Well Established and Highly Regarded Hand Therapy Practice for Sale in Southern California
Overview
This  is a very well established and highly regarded private outpatient hand therapy clinic in San Diego County. The practice sees a variety of patients with hand and upper extremity injuries including traumatic multi-tissue injuries, tendon repairs, fractures, arthritis, repetitive strain, nerve compression, tendinopathies, among others. They provide custom-fabricated static and dynamic splints/orthotics, along with pre-fab splints.

The practice enjoys an excellent and long standing  reputation among referral sources and patients and has active insurance contracts with  Medicare, TriCare, V.A., Workers Compensation and other  major carriers.  The practice enjoys  a large number of referral sources from throughout San Diego County.  Referral sources include Hand Surgeons, Orthopedic Surgeons, Plastic Surgeons, Internal Medicine, Rheumatologists, Neurologists, Occupational Medicine, Nurse Case Managers, Chiropractors, and Attorneys.

Facilities and Location
The practice  is located in an affluent area close to a major medical center with dining, shopping, outdoor recreation and beautiful hiking opportunities abound. The office itself is 1100 sq. ft, which includes a front lobby, reception area, 2 wheelchair accessible bathrooms, a large, open treatment area, and 2 private treatment/exam rooms.  Fully furnished, and fully equipped with evaluation, treatment, splinting and wound care equipment and supplies, including Fluidotherapy, BTE SimII Work Simulator. There is free parking, including disabled parking, stair and elevator access to the suite.  The office offers bright, natural lighting from large wall of windows, with unobstructed, beautiful view of the foothills. The practice owner owns the office space and will offer the new owner a favorable and long term lease. Current rent is  $3,000/month.

Financial Overview , Practice Statistics and Staffing
The practice sees, on average, between 40-60 treatments per 4-day work week, and gets an average of 20 new patients per month.  The practice can easily be ramped up to 5-6 days per week, and there is enough space for 2-3 therapists to work simultaneously. By choice, the practice owner is the primary hand therapist, utilizes per-diem assistance as needed.  In addition, there is one part-time (approx. 30 hours/week) office manager, who assists with reception, scheduling, billing and collecting.  Gross revenues have averaged $212,000 per year for the last 3 years.  Accounts receivable is approximately 5%, and there is no outstanding debt.

Growth Opportunities
By choice, the practice is currently part-time, and has not been engaged in any marketing or social media presence.  Therefore, the potential to increase patient referrals and revenue with a new owner is significant. It is projected that the practice could easily triple the referrals that it currently sees.  The treatment space is large enough to accommodate several therapists with full case loads.  Practice hours/days can be increased, to include evenings and weekends, to accommodate an even greater number of referrals.  Inland Hand Therapy is the only private hand therapy clinic in the area, and competition from physical therapy practices, who offer hand therapy services, is light.
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Offering Terms – The ask price is $145,000. The practice owner is open to flexible terms if there is a minimum down payment of 50% upon closing, with the remaining 50% paid in full within 24 months. The owner is committed to a successful transition and would stay on as needed for up to 4 month after purchase to assist with any clinical/professional duties

For more information please email Iris Kimberg MS PT OTR on behalf of the practice owner.

DETAILS and OVERVIEW

This well established and very highly regarded practice is ideally situated in Douglas County, Colorado. Over time, the practice  has developed and earned an excellent reputation for involvement and support of  all ages, offering a hybrid of  community based and in office treatment. They have a big presence  in sports, recreation, and wellness activities for school age athletes in  all sports  while also offering innovative programs  for the area’s many active seniors. The office sees a majority of direct access patients  with a strong track record of return business, word of mouth referrals and longstanding referral sources. The practice is credentialed and participates with well over ten insurance carriers,  The practice sees a variety of patients, typically ages 9 to 65 treating a wide variety of conditions including overuse and sports injuries, spinal dysfunction, and post-surgical cases. Treatment includes  Massage Therapy, Dry Needling, Pilates, Manual Therapy/ Soft Tissue Mobilization, Laser and Infrared Therapy, Custom Orthotics and Foot Evaluations, Core Stabilization, Alignment Training, Running Gait Analysis, Functional and Return to Sport Training.  Post COVID, the practice is coming back very strong. In addition, during the closure, telehealth visits provided continuous care and contact with patients.

FACILITIES    Unique to this practice, there is a  longstanding satellite office within a  gym, as well as a centrally located, 1500 plus square foot office in a modern  ADA compliant, bright space with numerous windows and an all season patio. The  office includes an open gym area with 3 private treatment rooms and 5 treatment tables. It is fully equipped with exercise equipment, treadmill, bike, Pilates reformer and chair, balance tools, balls, US/ES, cold laser and all in good to excellent condition. There is free ample parking including handicapped parking. The office is located within walking distance from center of town. The lease is reasonable and transferable. The office has been computerized since its initiation with longstanding EMR and  electronic billing.

PRACTICE STATISTICS  The practice consistently grosses over $400,00. The practice averages approximately 550 +visits/month, and 128 productive visits per week . They typically  add over 48 new patients monthly, with most seen 1 to 2 times per week, Average length of care is 6-8 weeks. Full practice statistics and financials are available for review.

STAFF  Although there have been some fluctuations in staffing due to COVID and  re locations, there is one full time therapist in addition to the owner, and part time administrative  staff, all eager to stay on under new ownership.

TERMS   Ask price is $250,000 with reasonable terms considered. Full financial and practice analytics are available to serious and qualified buyers. The practice owner is  open to flexible terms if there is a minimum down payment of  50% upon closing, with the remaining 50% paid in full within 24 months. The owner is committed to a successful transition and  would stay on as needed for up to 6 months.

Serious inquiries only, please email Iris Kimberg MS PT OTR on behalf of the owner.

• Founded in mid 1990’s
• National Presence
• 100% Practitioner Owned
• Annual Revenues in Excess of $60 Million 
• Industry Leader & Innovator
• Strong & Diverse Management Team
• Leading Edge Technology Infrastructure
• Committed to Staying 100% Practitioner Owned
• Will Work with Sellers to Create Flexible Deal Structures

If you would like to explore an exit strategy that involves being acquired, or arrange a mutually beneficial partnership, this agency would like to hear from you. They are seeking practitioner owned practices and agencies with shared values to provide top notch services — and are committed to retaining all existing staff.

Serious inquiries only  – Please email Iris Kimberg, MS PT OTR on behalf of the agency and I will pass along your inquiry. All inquiries will be kept in confidence.

A  long established, and highly regarded reputable Early Childhood Special Needs Program with over 20 years experience is seeking to partner with, or acquire other Early Intervention programs in New York State. The company has a strong track record of positive results with children in the Great New York Area  and has partnered with several other programs successfully. A mutually beneficial partnership would allow both programs to serve more children, increase market share, and help all entities gain in economies of scale and profitability. In these unprecedented times, its a good idea to explore your options. This program has fully established online systems allowing Telehealth as well as virtual operations for all administrative staff.

Any inquiries will be held in strict confidence.
For further information, please email Iris Kimberg  MS PT OTR on behalf of the agency owner at iris@nytherapyguide.com

Due to the relocation of a Physical therapy practice in Manhattan, there is a wide array of physical therapy  and office equipment available for sale.

Equipment includes Ultrasound/Stim with cart, cold pacs, electrical hot packs, upright cable column, leg press, upright bike, treadmill, leg curl, wobble, boards, BAPS board and weights,  Adjustable Slant boards, various dumb bells and cuff weights, medicine balls, exercise mats, body blade, TP massage rollers. mini trampoline, foam rollers, physio balls, iontophoresis units, various treatment tables, pneumatic rolling stools, spine skeleton, foot  and upper extremity model, mobilization belts, yoga belts, over the door pulleys, racks/storage shelves, athletic tape, treatment towels
Office equipment – Laptops, desktops, refrigerator/freezer, washer/dryer, microwave, storage lockers, wall mounted TV, office chairs,

TO SEE A FULL DESCRIPTION OF THE EQUIPMENT, CONDITION AND PURCHASE PRICE, CLICK HERE.
For questions, please email  the practice owner directly – jasonklein@athalonpt.com. 
Equipment must be picked up by June 15th and payment can be made by Venmo or Credit card. East 57 Street Location – owner will help make arrangements for pickup.

Body Harmony Physical Therapy is a boutique physical therapy practice located in the downtown NYC area, specializing in Pelvic Floor Rehabilitation and Orthopedic Rehabilitation. We currently have an opening for a pelvic health physical therapist to join our team.

Our staff includes therapists with 10 plus years of experience in the pelvic rehabilitation world. We use a whole body approach, including wellness services, to improve the quality of life of our patients. You will have the opportunity to work and train with these therapists in 1 on 1 sessions and through in-services.We are looking for an experienced professional, who would be able to cope with the dynamic environment of a company in growth mode; and works independently & proactively with ease.

Body Harmony PT is committed to following all safety precautions for staff and patients. We are following CDC, APTA, and OSHA guidelines to ensure the health and safety of all our staff and patients. Staff will be provided with N95 masks, gloves, hair covering, and shoe covering. We are currently working in person and using tele-health when possible.

Job requirements include:

1) Experience in internal pelvic assessment and treatment
2) Strong manual orthopedic skills
3) CEU’s in internal pelvic assessment and treatment
4) Compensation package includes salary plus benefits.

Please email ( nazneen@bodyharmonypt.com)  a cover letter  to  Nazneen Vasi, PT, DPT, PRPC, founder and director outlining your interest for this position and your resume, if you believe that we are a good fit for your personal and professional development.

We look forward to hearing from you!