Thursday, December 15, 2011

WellStar to Acquire OrthoSport Physical Therapy

We are very pleased to announce that the WellStar Board of Trustees approved a letter of intent to purchase OrthoSport Physical Therapy. The acquisition is slated to be completed later this month. OrthoSport is a Cobb County-based practice with three locations in Kennesaw, Marietta and Woodstock. It is owned and managed by Kim Chastain, BS, PT, DPT OCS, a board-certified physical therapist with more than 25 years of experience. Niki Groves, DPT, serves as managing chief of operations. Established in 2002, Orthosport employs more than 20 individuals and their operations include aquatic therapy, sports medicine, work injury management, spinal rehab and vestibular and dry needling programs.

Once the acquisition is completed, Chastain will become executive director of outpatient rehabilitation services reporting to Mike Graue and Groves will become director of operations for outpatient rehabilitation services. This acquisition has great synergy with our current rehabilitation services. OrthoSport operations serve injured workers, sports injuries and other low severity patients in community-based locations. These services fit extremely well with our current accredited inpatient and outpatient rehabilitation services. WellStar focuses primarily on more intensive rehabilitation programs for stroke patients, patients with traumatic or acquired brain injury or neurological disorders and patients with spinal cord injuries, amputations, hip fractures and multi-trauma. Through this integration, we will be able to provide world-class rehabilitation services to meet the full range of needs within our entire community. We are very fortunate to have found a partner that brings such a successful retail business model to our System. Once the integration is complete, OrthoSport and WellStar’s current outpatient rehabilitation locations will be operated under one management team to facilitate a more cohesive and seamless experience throughout our seven outpatient facilities. This acquisition provides WellStar with an excellent opportunity to expand and grow all of our rehabilitation services. There will be no consolidation of operations or elimination of positions with the integration of OrthoSport. Please join us in welcoming the OrthoSport team to WellStar.

To learn more about OrthoSport visit their website at http://ospthome.com.

Media Coverage: The announced acquisition of this three-location physical therapy practice got placed in the "County by County" section of the AJC on Nov. 10 and in various Patch.com Web sites (one link below).

http://northeastcobb.patch.com/articles/wellstar-to-purchase-orthosport-physical-therapy

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