Partnering with Ivy Rehab

Hospital partnerships

Considering selling your practice?

Benefits of partnering with IvyRehabAlong with many significant changes within the healthcare industry, a departure from the traditional fee-for-service reimbursement model has spurred a wave of consolidation among many providers. Hospitals and physician groups are merging at alarming rates to control patient referrals and to participate / negotiate with large payer organizations. As these deals take shape among physical therapy referral sources, it creates challenges for the private physical therapy practice owner to maintain autonomy and market share. More than ever, there is undeniable strength and power in numbers as the challenges for the sole practitioner become increasingly overwhelming.

As private practitioners, our future will be dictated by our ability to successfully navigate the current healthcare environment. Significant resources invested by Waud Capital Partners, L.L.C. in 2016 gives Ivy the ability to negotiate the best partnerships and reimbursement rates with large payer organizations. Strength in numbers empowered by the recent recapitalization from Waud Capital Partners, L.L.C. will help build Ivy into the leading outpatient rehabilitation provider in the U.S.

Benefits of partnering with Ivy Rehab


The current consolidation trend within the healthcare industry has resulted in attractive valuations for physical therapy practices. If you are considering a merger, partnership, or sale, there may not be a better time than the present. Ivy Rehab is the industry leader in practice valuation and making sure our future partners receive top dollar for the success they have already achieved in their practice.


Sale affords you the opportunity to monetize the equity that you have built in your practice today at favorable capital gains tax rates, while at the same time taking advantage of the time value of cash.

Retained equity

We will consider purchasing anywhere from 50% to 100% of your practice. Maintaining a meaningful ownership interest allows you to benefit from Ivy Rehab's existing enhanced reimbursement rates going forward and you are a partner in the truest sense of the word.


As an equity owner / clinical director, you will retain control over the day-to-day operations of your facility.


Ivy Rehab will be responsible for all back office operations (billing & collections; HR, IT, accounting, payroll, benefits, compliance, etc.) allowing you to focus on growing your business.


Ivy Rehab will provide required capital / expertise to grow your existing business and add new locations.

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Bill Leitzel, MSPT

To learn more about a partnership with
IvyRehab, please contact:

Bill Leitzel, MSPT
VP, Business Development

About Ivy Rehab

Ivy Rehab, founded in 2003, is a rapidly growing provider of outpatient physical therapy services with over 175 convenient locations in the Northeast, Midwest and Southeast regions of the U.S. With over a decade in the business, the company's success and longevity can be attributed to the guiding principle of creating a top-quality, unrivaled treatment experience catered to the individual.
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Nationally Recognized

5 Star Service Excellence Award

Hospital partnerships with Ivy Rehab

Hospital partnerships with Ivy RehabWith the healthcare provider and payer landscape continually evolving, physical therapy and rehabilitation services are progressively becoming a central component of the musculoskeletal and neurological care continuum within hospital and health systems. As an industry leader in the outpatient physical therapy space, Ivy Rehab can provide the support and solutions that hospitals and health systems need to accelerate their growth, consolidate the markets that they operate in and to maximize the continuity of care and service within the neurological and musculoskeletal service lines.

The challenge facing hospitals

Physical therapy is a unique, consumer facing business that requires industry expertise, leadership and dedicated infrastructure to effectively operate and grow. As the payer landscape shifts to risk based and bundled care models, it will be essential for hospitals and health systems to collaborate effectively across the care spectrum and to align with partners that deeply embrace Functional Clinical Outcomes and measures of "Patient Experience" as well as partners that are experts in driving efficiencies that will reduce the burden of costs to patients and payers alike while providing best in class care and service.

The evolution of healthcare will place a greater emphasis on outpatient/ambulatory services and the need for communication and integration across these services lines. The development of a robust outpatient service strategy is essential to the long-term success of hospitals. Central to this strategy is accountability, communication, financial and operational resources and dedicated expertise and leadership in each unique area of care.

Learn More

To learn more about a partnership with Ivy Rehab, please contact either:

Bill Leitzel, MSPTJeremy VanDevender, PT
President/Chief Revenue Officer

Bill Leitzel, MSPTBill Leitzel, MSPT
VP, Business Development

Your Physical Therapy Partner

Ivy Rehab is a proven leader in the outpatient physical therapy space with a seasoned management team that can provide the leadership and dedicated focus needed to face these challenges head on. We fully embrace clinical outcome accountability and will work hand-in-hand with your system to put clinical outcomes and patient satisfaction measures into place.

Our dedication to customer service and patient experience has led us to being widely recognized as a national leader in the area of customer service including recognition from national third-party surveyors as the #1 outpatient provider in the US. We have several models of alignment that can be created and crafted to each specific institution's needs and desires in order to create the ideal partnership tailored to your institutions specific challenges and goals, including:

  • Contracted services
  • Joint Venture
  • Risk sharing/Bundled programs
  • Acquisition

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