#USA #Chicago #Doctors of Physical Therapy #Empower Physical Therapy #DPT

Expansion of Physical Therapy Services Across the U.S.

In a significant move to enhance physical therapy services, Doctors of Physical Therapy (DPT) has officially merged with Empower Physical Therapy. This partnership is expected to revolutionize patient care across multiple states, providing invaluable support for those in need of outpatient physical therapy services.

A Promising Collaboration

DPT, a trusted provider of outpatient therapy and industrial injury prevention services, has combined forces with Empower, a physical therapy provider known for its dedication to pre- and post-surgical rehabilitation, chronic injury treatment, and work-related recovery services. By integrating their resources, the combined entity is positioned to serve nearly one million visits across 11 states, including Arizona, California, Louisiana, and Texas.

The entrepreneurial spirit of both organizations is evident; both have carved out reputations for their commitment to providing high-quality, evidence-based physical therapy services. The merger increases their collective strength, allowing them to deliver better and faster patient outcomes through a robust network of nearly 160 locations.

Growth Strategy and Patient-Centric Approach

DPT’s CEO, Aaron Kraai, emphasized the importance of this partnership: "This merger will help us meet the growing demand for outpatient physical therapy services." The merger allows for accelerated growth in a sector where the need for physical therapy services is on the rise. With Empower’s extensive clinical expertise and DPT’s established network, a new era of physical therapy is unfolding, one that emphasizes efficiency, effectiveness, and accessibility.

Founded in 2005, DPT began as a family-run clinic and has organically expanded to over 100 locations, being recognized in Inc. Magazine's Top 5000 Fastest Growing Companies list for its rapid growth. With more than 400 practicing clinicians, the shared ethos of prioritizing patient needs places this merger on the right path towards achieving remarkable growth and excellence in service delivery.

The Broader Impact of the Merger

The combined organization intends not just to grow its footprint but also to enhance the quality of care provided to its patients. The integration of DPT's extensive workers' compensation network will immediately benefit Empower’s clinics, aiding in faster recoveries for injured workers and broader access to necessary rehabilitation services.

Empower’s outgoing CEO, Steve DiPaola, stated, "When we founded Empower, we aimed to exceed patient expectations with clinical excellence and a stellar experience that leads to meaningful patient outcomes." The shared commitment to excellence and improvement in patient care will be an essential focus post-merger.

Continued Support for Future Growth

The newly formed entity will continue to be backed by SV Health Investors and Sheridan Capital Partners, both of whom have a significant history of supporting healthcare ventures. This backing not only provides financial stability but also strategic guidance that aligns with enhancing the healthcare landscape.

The partnership officially closed in December 2024, with Kraai leading the newly combined team, concentrating on exploring synergies for enhanced operational efficiency and service delivery. Legal counsel for this transaction was provided by Morgan Lewis for DPT and McGuireWoods for Empower. Piper Sandler facilitated the merger’s advisory process.

This merger is anticipated as a significant step toward meeting a growing demand for physical therapy services while ensuring that more patients can access quality care across several states.

For any additional information on the services offered or to book appointments, you can visit Doctors of Physical Therapy online.