Physical Therapy for Sale — Illinois

The company’s current payer mix is approximately 85% Private Pay. Over the past few years, the company has increased its annual revenue but has not been profitable. In 2022, the company collected $805,291. In 2023, they collected $887,123, and in 2024 they are projected to collect approximately $850,000 in gross annual revenue. By focusing on cost-cutting measures, such as optimizing operational efficiencies and renegotiating vendor contracts, the business has the potential to return to profitability without the need to go out-of-network. Strategic expense management could further enhance margins while maintaining the current payer mix.