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August 31, 2015 11:58 PM ET

Healthcare Providers and Services

Company Overview of Physiotherapy Associates, Inc.

Company Overview

Physiotherapy Associates, Inc. provides outpatient rehabilitation services in the United States. Its outpatient rehabilitation services include physical therapy, occupational therapy, health and wellness, sports injury rehabilitation, pediatric programs, geriatric programs, hand therapy, injury prevention, and orthopedic and musculoskeletal injury rehabilitation. The company also provides orthotics and prosthetics services, such as spinal orthotics, diabetic care, neuromuscular, pediatric cranial care, lower-limb prosthetics, upper-limb prosthetics, and restorative care services. In addition, it offers industrial rehabilitation and sports medicine services. The company was incorporated in 19...

855 Springdale Drive

Suite 200

Exton, PA 19341

United States

Founded in 1985

Phone:

610-644-7824

Fax:

610-644-9065

Key Executives for Physiotherapy Associates, Inc.

Chief Executive Officer
Chief Financial Officer
Chief Operations Officer
President of Corporate & Community Relations
Vice President of Human Resources
Compensation as of Fiscal Year 2015.

Physiotherapy Associates, Inc. Key Developments

Physiotherapy Associates Names Paul Solomon as Chief Financial Officer

Physiotherapy Associates announced that Paul Solomon is assuming the role as the company's chief financial officer. In this role Paul is responsible for all of the financial activities of the company, including accounting, financial planning and budgeting, revenue cycle management, accounts payable, cash management and investor relations. Paul brings to Physiotherapy Associates over 25 years of experience providing financial management and advisory services to healthcare and other organizations. Prior to joining Physiotherapy Associates, Paul was chief financial officer of Solstas Lab Partners. At Solstas, Paul was responsible for all financial operations of the company and during Paul's five years at Solstas. Paul departed Solstas in March 2014 subsequent to the successful sale of the company to Quest Diagnostics.

Dan Dourney Joins Physiotherapy Associates as New Chief Operations Officer

Physiotherapy Associates announced that Dan Dourney is assuming the role as the company's Chief Operations Officer. Dan brings to Physiotherapy Associates a deep understanding of healthcare experience specializing in the operations and management of outpatient services. Previously, Dan served as a Senior Director for Alvarez & Marsal Healthcare Industry Group. Dan also was a member of the Physiotherapy Associates Board of Directors.

Physiotherapy Associates Appoints Hank Balavender as Chief Executive Officer

Physiotherapy Associates announced that its Board of Directors has appointed Hank Balavender, PT as its Chief Executive Officer. He assumes the CEO position from Martin McGahan who has been serving as interim CEO for the company. Prior to joining Physiotherapy Associates, Balavender served as an industry advisor for physical therapy practices around the country. A physical therapist by training, he brings over 25 years of clinical and operational expertise to the CEO position.

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