OrthoCarolina, one of the nation’s largest independently owned orthopedic practices, is close to a deal to sell its physical therapy business to PT Solutions Physical Therapy, an Atlanta-based company backed by private equity, the Charlotte Ledger/NC Health News has learned. OrthoCarolina CEO and orthopedic surgeon Leo Spector declined to confirm specifics on Thursday, but he acknowledged that the company expects to announce a sale in the next few weeks. He said the sale of the physical therapy practice is part of a strategy to focus on what he said OrthoCarolina does best: treating patients and performing orthopedic surgeries.
Read the full article: OrthoCarolina Plans to Sell Its Physical Therapy Business to a Private-Equity Backed Firm //
Source: https://www.northcarolinahealthnews.org/2025/01/17/orthocarolina-to-sell-its-physical-therapy-business-to-a-private-equity-backed-firm/