Outpatient physical therapy services provider CORA Health Services Inc announces that it has acquired Rocky Mount, NC-based Carolina Physical Therapy Associates LLC.
Physical Therapy Associates includes seven outpatient locations, several physican-based physical therapy practices, and home health services. CORA Health Services Inc is a portfolio company of Gryphon Investors, according to a media release from CORA Health Services Inc.
Once the transaction is finalized, President and Director of Operations Sue Ella Johnson, PT, will become a VP of Operations at CORA. Jerry W. Strickland, MS, PT, Director of Home Health Services, and Jeff Agan, PT, Director of Contract Outpatient Services, will also join CORA in their current capacities, per the release.
Dennis Smith, CORA’s CEO, states, “We are pleased to be able to expand our resources with the addition of Carolina Physical Therapy. The experience and expertise Sue Ella, Jerry, Jeff, and their staff bring will be a true differentiator as we expand the CORA brand into a new state and strengthen our service lines.”
“We are fortunate to be able to partner with a leading provider that shares the philosophy of personalized service and individualized care on which we have built our business,” adds Johnson. “We look forward to joining the CORA team and are excited about the opportunity to continue to expand and grow in North Carolina.”
[Source(s): CORA Health Services Inc, Business Wire]
