Team Rehabilitation Services, LLC

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Team Rehabilitation Services, LLC - overview

Established

2001

Location

-, MI, US

Primary Industry

Healthcare

About

Team Rehabilitation Services, LLC provides specialized outpatient physical and occupational therapy services, focusing on patient-centered care to enhance recovery outcomes and ensure high satisfaction rates. Founded in 2001, Team Rehabilitation Services, LLC operates as an independent provider of outpatient therapy services. The company was acquired by Physical Rehabilitation Network, LLC, a portfolio company of Silver Oak Services Partners, in December 2019. The headquarters is located in the United States, with clinics across Michigan, Illinois, Indiana, Wisconsin, and Georgia.


The current CEOs are Charlie Rooney and Scott Delcomyn. Team Rehabilitation Physical Therapy primarily offers outpatient physical therapy and occupational therapy services, emphasizing patient-centered care and a positive therapeutic experience. Established in 2001, the company has prioritized delivering measurable improvements in patient health outcomes, achieving a notable 99% patient satisfaction rate. The services are designed to cater to a diverse clientele, including individuals recovering from injuries, surgical procedures, and chronic conditions.


Team Rehab operates clinics across several states, including Michigan, Illinois, Indiana, Wisconsin, and Georgia, providing tailored therapy solutions to meet the unique needs of each patient's recovery journey. The company's commitment to quality care is reflected in its comprehensive approach, integrating personalized treatment plans with an experienced team of licensed therapists. Team Rehabilitation generates revenue through direct patient services, focusing on physical and occupational therapy. Patients typically access these services through referrals from healthcare providers or by self-referral, engaging with the clinics to initiate their treatment plans.


The company operates on a fee-for-service model, billing insurance providers directly for covered treatments while offering out-of-pocket options for uninsured patients. Revenue is driven by the volume of therapy sessions conducted, with each session structured around individualized treatment needs. Through its established network, Team Rehab engages with various insurance companies to facilitate seamless transactions, ensuring that patients receive the therapy they need while maintaining effective revenue streams for the clinics. Following its acquisition in December 2019, Team Rehabilitation Services, LLC is focusing on expanding its services into new geographic regions.


Specific plans are underway to establish additional clinics in underserved areas with an expected launch in the next few years. The company aims to leverage recent funding to support these expansions and enhance its service offerings, ensuring alignment with its mission to provide quality rehabilitation services.


Current Investors

Physical Rehabilitation Network, LLC

Primary Industry

Healthcare

Sub Industries

Clinics/Outpatient Services, Chiropractic, Orthopedic & Physical Therapy, Conferencing Software

Website

www.team-rehab.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Team Rehabilitation Services, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedTeam Rehabilitation Services, LLC-

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