CORA Physical Therapy, a national operator of outpatient physical therapy services, has expanded its Midwest footprint into Wisconsin with the acquisition of Sports Physical Therapists (SPT), a 10-clinic operation around Kenosha.
CORA also recently broadened its coverage in Columbia, South Carolina, through the acquisition of Vital Energy Wellness and Rehab Center (Vital Energy), with two clinics in Lexington and Columbia. The two transactions bring CORA’s total clinic count to 240, according to a media release.
SPT was founded in 2016 by Carmelo Tenuta, PT, who will continue with CORA as vice president of CORA’s Wisconsin clinics.
“Partnering with CORA just made sense to us. The company has the resources to achieve the kind of growth we want to see in Wisconsin. I’m excited to help them get there,” Tenuta says in the release.
SPT operates clinics in Kenosha, Salem, Pleasant Prairie, Burlington, Cudahy, Racine and Muskego, Wisconsin, as well as in Fox Lake, Illinois. The clinics offer a wide variety of general physical and occupational therapy, including pre- and post-operative orthopedic rehabilitation, sports medicine, hand therapy, in-home therapy and treatment for workplace injuries.
Vital Energy was founded in 2007 by Hima Dalal, OTR/L, who will stay on with CORA as clinic manager.
“I’m pleased to be able to share the benefit of my 40 years of OT experience with more people in the Columbia area and beyond. The partnership with CORA enables me to do that,” Dalal shares.
In addition to general physical and occupational therapy and wellness services, the two Vital Energy clinics offer aquatic therapy, hand therapy, manual therapy, vestibular rehabilitation, and treatment for concussion and head injuries, migraines, temporomandibular dysfunction (TMD), pelvic floor dysfunction, and sports and workplace injuries, among others.
“We are delighted to now be operating in our 10th state as we enter Wisconsin. I’m very pleased, too, to welcome the Vital Energy clinics to the CORA team, which increases our presence in the Columbia metro area to eight locations. The resources that CORA brings to the table will enable these new clinic groups to grow and help us fulfill our mission to serve everyone, now in some entirely new communities.”
— Dennis Smith, CEO and President of CORA Physical Therapy
CORA is a portfolio company of H.I.G. Capital. Terms of these transactions were not disclosed.
[Source(s): CORA Health Services Inc, Accesswire]