Selling Your Physical Therapy Practice
Why Choose Thrive?
You have built and invested your time and energy into your physical therapy practice, and now you feel it’s time to explore selling your practice. As you enter a new phase of life, you’re starting to contemplate retirement, new growth opportunities, or what’s next. However, you want to make sure your legacy with the practice remains intact, and that your team and your patients are taken care of. What do you do next?
At Thrive Physical Therapy we can help you with that next step. We understand that selling your physical therapy practice can be a difficult decision, but we’re here to make the process as smooth as possible with your legacy, your team, and your patients at the forefront.
Benefits of Selling to Thrive Physical Therapy Partners
Access to Resources
Thrive provides best-in-class support to Physical Therapists. As part of Thrive Physical Therapy Partners, you will have access to a wide range of expert resources, including human resources, continuing education, payroll, accounts payable, billing and more.
Growth
We offer the pathway for practice growth, professional development, or retirement planning through significant wealth creation opportunities.
- Expand your practice and open new avenues for revenue generation
- Increase profitability and financial stability
- Reach a larger patient base
- Attract and retain top talent
- Gain new opportunities for professional development and personal fulfillment
- Lay the foundation for your retirement and/or succession plan
Continued Clinical Autonomy
We understand that your practice is your legacy, and we want to ensure that it continues to Thrive under our partnership. You’ll maintain complete clinical autonomy with the stability and resources of a larger organization and peer support. Bottom line, our operating model places a significant premium on you, your team, and your way of business that is anchored in mutual trust.
How to Sell Your Physical Therapy Practice
Thrive Partnership is unique and differentiated from national physical therapy groups and local groups/independent. EBITDA, brokers, open market, multiples – what does all of this mean? Selling your practice can be confusing. That’s why we have a 2-step approach to partnering.
Step 1:
We get to know you and your practice by focusing on your personal and professional goals – we learn your unique needs to best understand how we can help support you in achieving those goals.
Step 2:
We create a plan together and structure a partnership that meets your individualized needs.
We’ll evaluate your practice with full transparency to determine its value and ensure that it’s a good fit for our network. Once the sale is complete, we’ll work with you and your team to ensure a smooth transition and continued success for your practice.
At Thrive Physical Therapy Partners, we’re committed to supporting physical therapy practices and helping them Thrive. Contact us today to learn more about selling your practice.