GROWING BOUTIQUE CANCER REHABLIATION PRIVATE PRACTICE HAS IMMEDIATE OPENING and FANTASTIC OPPORTUNITY FOR AN OCCUPATIONAL THERAPIST in the NYC OFFICE

This  growing cancer rehabilitation practice is seeking a full time Occupational Therapist  for their NYC office in Midtown Manhattan.  This specialty boutique practice is busy and back to business for this special patient population specializing in Upper Extremity Orthopedics, Breast Cancer Rehab, and Lymphedema Therapy. The practice  functions as an out of network, private pay practice, offering one on one individual sessions.  The core principles of the practice are  compassion driven, patient centric and holistic, believing deeply in the mind-body connection to promote healing. Stephanie Kiley, OT, CLT, well known and highly respected in the field with over 20 years of experience, is  eager and willing to train the right therapist. In addition, there is strong  potential for an ownership interest in the  NYC practice for the ideal candidate.
The office is located at 119 W 57th Street, Ste 212 in the building where the Columbia Doctors are located. The practice and the building are following all CDC recommendations for COVID 19.

Skills Required

  • Current NYS OT license
  • 2+ years’ experience lymphedema / outpatient preferred
  • Certified Lymphedema Therapist (CLT) preferred
  • Compassionate and caring patient-first orientation
  • Flexible, driven, good communication skills
  • Visit the website to find out more about the practice https://stephaniedessikiley.com/

To Apply – Call 212-421-5505 for more information.  Email resumes to Stephanie Kiley at SDKiley@gmail.com

Great Brooklyn NY Physical Therapy Practice for Sale Due to Relocation of Owner

DETAILS and OVERVIEW 
A  longtime Brooklyn physical therapy practice in a  very family oriented neighborhood is for sale due to re-location of the practice owner. The practice has  an excellent reputation and is a true staple of the neighborhood, well known by area physicians and allied health/ fitness professionals as a facility that truly provides individualized and attentive physical therapy services in a relaxed and friendly atmosphere.   A majority of patients are obtained through local word-of-mouth.
The office is Medicare credentialed and participates with most area-wide private insurance companies. The practice averages approximately 70 productive visits per week and receives an average approximately 30 new patients per month.  A waiting list for new appointments is typical.

THE FACILITY
The practice is on the street-level clinic (one small step) in a residential corner building located on a pedestrian-heavy street.
The 800 square feet clinic includes an open gym/treatment area with a hi-lo treatment table, large mat table, upright bike, cybex functional cable machine, and multiple small pieces of equipment around the clinic.  Additionally, there is a semi-private treatment area with hi-lo table separated by partition wall and curtain for privacy.  The space has tall ceiling with large windows in front and side. The lease is transferrable and renewable; new owner will have to be vetted by Landlord.
Access to the basement with plenty of storage space is available.

CURRENT STAFF
Currently there are 3 p/t Physical Therapists (including owner) with 1.5 FTE.   There are 2 p/t administrative employees, 1 of who handles in-house billing in addition to day-today administrative tasks.

FINANCIAL OVERVIEW   – Full financial information including but not limited to profit and loss statements, balance sheets, and tax returns for the last two years are available for inspection. The gross revenue for the company for the past 3 years is as follows: 2019 -$265,00, 2018- $236,000, 2017-$ 230,000.

PRACTICE STATISTICS-   In 2019:  74 visits/week, 30 new/month. Patients scheduled on the ½ hour.  2018: 67 visits/week, 20 new/month. The practice is ramping up post COVID and is getting very busy.

TERMS  – Ask price is $125,000 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, The owner is committed to a successful transition and  would stay on as needed for up to 3 months.

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

Outstanding turnkey opportunity for physical therapy practice lease in PRIME MIDTOWN MANHATTAN building- fully equipped custom built out

This is an opportunity to take over a prime lease in the landmark CITY CENTER Building (130 West 56 Street). Fully renovated 1000 square foot space includes reception area, open plan gym space with ample storage, powder room, changing room with day-use lockers and a washer dryer/refrigerator area.  Building is open 24/7 with security desk, daily housekeeping service and engineering support as needed.  Verizon DSL, business and fax phone lines are in place and can be assumed.  Current rent is $3634/mo with heat & electricity included.  New tenant will have to be vetted by the Landlord.  Here is the list of the existing equipment for sale, which includes three excellent condition Chattanooga Adapta hi-low tables; two Pilates reformers; a sprung wood flooring area for jump training and much more. Owner prefers someone to take over the lease and purchase all the equipment, but will also entertain offers on the equipment only. Here is a link to the full equipment list.

For information email: Email Meg Bronson  at meghann.bronson@gmail.com
Payment can be made by certified check, Venmo or Paypal. No shipping, and practice owner will assist in pick up.

Manhattan UES Office Space Available for Rent Immediately

PROFESSIONAL OFFICES FOR RENT AT
EAST 86 STREET  (2ND /3RD Ave).

  • This is a fully built out suite of offices in a Medical Arts  ADA compliant concierge building and is available immediately.
  • There are up to 3 offices available for rent. Although the offices are currently used for speech therapy, they are suitable for OT, Spec Ed, Counseling, Tutoring etc.
  • Extensive material available for SLPs
  • Excellent location accessible to the 4,5,6 and Q trains
  • This medical building is meeting all CDC/COVID standards for cleaning. Rent includes cleaning, use of office equipment, filing cabinets, xerox, internet etc, Terms are flexible according to need, and the full lease is transferrable
  • Possibility for cross referrals
  • For more information, please contact Linda Bejoian at linda.bejoian@gmail.com

NYC Hand Therapy Practice for Sale

Featured

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.

Southern California Hand Therapy Practice for Sale

Featured

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.

COLORADO PHYSICAL THERAPY PRACTICE for SALE!

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.

A Well-Known Practitioner Owned Early Intervention & Autism Service Provider with a National Presence is Seeking Acquisitions Throughout the U.S.

  • 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.

NYS Early Intervention Agencies – Now May Be the Ideal Time to Discuss Consolidations

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

PRACTICE for SALE! This is a fantastic opportunity to purchase a specialty Lymphedema location in Western North Carolina!

This practice is currently owned by an occupational therapist but is also suitable for a physical therapist. It is  a specialty clinic committed to  improving the function of those affected by lymphedema by managing the  disease through Complete Decongestive Therapy for treatment of patients with lymphatic system disorders. It  also has a spa component for massage and  an esthetician cash-based component. It currently has active contracts with Medicare, Blue Cross Blue Shield, and United Healthcare, and receives referrals from many local physicians and hospitals. The owner is selling due to relocating to another state.  Although the center is currently owned by an OT, it is also suitable for a PT who has interest in this niche market and would also make an ideal second specialty location for an existing practice in the area. The practice sees an average of 9 new patients per month, an average total of 173 appointments per month. The practice is rebounding nicely post COVID.
The clinic is located in an extremely desirable, high growth area of Western North Carolina and has a transferrable and renewable lease at a very reasonable rent  with  over 1800 square feet of finished space. The ambiance of the office space is very well-suited to the practice.   The office is ADA compliant and a full copy of the lease is available for inspection. It is a fully equipped spacious office in the midst of a highly concentrated medical area. The clinic includes s a waiting room with patient restroom, front office space with room for 2 receptionists/administrators, 3 treatment rooms, a separate massage room with separate patient restroom, a designated employee restroom and designated laundry space with washer/dryer, an employee break room and  an upstairs workspace with  a private restroom. There are  designated parking spots for patients in the parking lot.
Additional Information and Opportunities –
Current staff is eager to stay on
. In addition to the  OTR owner, there is one  part time OTR,  two COTAs – one part time and one fulltime,  a  full-time office administrator, and a  part-time front desk receptionist. All existing staff are eager and willing to stay on with a new owner.  Recent new contract massage therapists are due to start in the very near future. Although all staff are experienced in lymphedema therapy, the practice can also incorporate traditional patients for occupational and/or physical therapy. The spa component of the practice, with a massage therapy and esthetician cash-based component has enormous opportunities as a secondary revenue stream for the practice.
Ask price is $145,000 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 4 month after purchase to assist with any clinical/professional duties as needed.
Serious inquiries only, please email Iris Kimberg MS PT OTR on behalf of the owner.