Physical Rehabilitation Network (PRN) announces its entrance into Kentucky with its acquisition of Professional Rehabilitation Associates PSC (PRA).

PRA operates three outpatient physical therapy clinics and manages one inpatient care center in the towns of Cynthiana, Paris, Richmond, and Winchester. This acquisition elevates PRN’s nationwide clinic count to 150, across 14 states.

Under this new partnership, PRN will acquire PRA’s three outpatient physical therapy clinics; Harrison Physical Therapy, Paris Physical Therapy and Richmond Physical Therapy and will assume management accountability over PRA’s single inpatient physical therapy care center within the Clark Regional Medical Center, PRN reports in a media release.

“This acquisition, and our entrance into Kentucky, not only represents another significant step in growing PRN’s national footprint as we become the nation’s premier support partner and care provider, but it also gives PRN the chance to build on PRA’s strong heritage through our shared style of quality physical therapy care.”

— Ajay Gupta, CEO, PRN

PRN, based in Carlsbad, Calif, is a portfolio company of Gryphon Investors, a San Francisco-based middle market private equity firm.

[Source(s): Physical Rehabilitation Network, GlobeNewswire]


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