This acquisition marks Athletico’s first entry into the Columbia and Jefferson City markets and strengthens its existing presence in St Louis. The Work Center clinics will remain open and fully staffed to serve current and new patients. Athletico’s CEO and President, Mark Kaufman, will continue to lead the company, which will maintain its headquarters in Oak Brook, Illinois, states a media release from Athletico.
“In addition to expanding our geographic footprint, this purchase also enables Athletico to provide greater support to our patients through broader industrial service offerings and a menu of injury prevention programs, which help organizations of all kinds to save money and increase productivity,” says Kaufman, in the release.
“Both of our companies were founded by clinicians and have a strong focus on patient care and satisfaction. These common values are why this partnership makes sense,” states Michael Fallwell, Founder and President of The Work Center.
Following the closing of the transaction, Athletico will serve patients at nearly 400 locations across 10 states.
In a separate release, Athletico also announces the opening of a new facility in Liberty, Mo.
[Source(s): Athletico Physical Therapy, PR Newswire]