Continuing its expansion in the Atlantic region, PHOENIX Rehabilitation and Health Services announces its acquisition of Auburn, Alabama-based Aldridge Physical Therapy.
The company operates 62 outpatient physical therapy centers in Pennsylvania, Virginia, and Delaware, and, now, Alabama, with plans for expansion, according to a media release from the company.
“We warmly welcome Aldridge Physical Therapy to our PHOENIX team,” comments David Watson, PT, president, and CEO of PHOENIX, in the release. “Our decision to enter into this acquisition keeps us on track to fulfill our overall strategic goal of expansion outside of the Pennsylvania market.”
Pete Grabaskas, PT, chief operating officer of PHOENIX, states, “We are pleased to bring Randy Aldridge, PT, and his staff under the PHOENIX umbrella.”
Aldridge Physical Therapy’s founder, Randy Aldridge, PT, agrees. “Our partnership with PHOENIX will provide us with the knowledge and resources for sustainable growth in our market and stability in the healthcare industry. It is a winning combination for our patients, employees, and community.”
[Source(s): PHOENIX Rehabilitation and Health Services Inc, PR Newswire]
