Rehabilitation medicine

NMD Pharma Initiates an Observational Pilot Study Investigating the Effects of Sarcopenia on Neuromuscular Transmission in Older Adults

Retrieved on: 
Tuesday, June 1, 2021

NMD Pharma is developing first-in-class small molecule inhibitors of the muscle specific chloride ion channel, the ClC-1 ion channel and has already demonstrated that ClC-1 inhibition can strengthen neuromuscular transmission and ultimately skeletal muscle function.

Key Points: 
  • NMD Pharma is developing first-in-class small molecule inhibitors of the muscle specific chloride ion channel, the ClC-1 ion channel and has already demonstrated that ClC-1 inhibition can strengthen neuromuscular transmission and ultimately skeletal muscle function.
  • This study is intended to establish whether NMJ transmission deficits occur in sarcopenic individuals, and to investigate whether these deficits correlate with reduced physical performance.
  • Thomas Holm Pedersen, Chief Executive Officer of NMD Pharma, said: This is the first clinical study that NMD Pharma has coordinated in older adults with sarcopenia.
  • We are grateful to the world-leading clinical teams in Ohio, and their prospective study participants, for making this study possible.

NMD Pharma Initiates an Observational Pilot Study Investigating the Effects of Sarcopenia on Neuromuscular Transmission in Older Adults

Retrieved on: 
Tuesday, June 1, 2021

NMD Pharma is developing first-in-class small molecule inhibitors of the muscle specific chloride ion channel, the ClC-1 ion channel and has already demonstrated that ClC-1 inhibition can strengthen neuromuscular transmission and ultimately skeletal muscle function.

Key Points: 
  • NMD Pharma is developing first-in-class small molecule inhibitors of the muscle specific chloride ion channel, the ClC-1 ion channel and has already demonstrated that ClC-1 inhibition can strengthen neuromuscular transmission and ultimately skeletal muscle function.
  • This study is intended to establish whether NMJ transmission deficits occur in sarcopenic individuals, and to investigate whether these deficits correlate with reduced physical performance.
  • Thomas Holm Pedersen, Chief Executive Officer of NMD Pharma, said: This is the first clinical study that NMD Pharma has coordinated in older adults with sarcopenia.
  • We are grateful to the world-leading clinical teams in Ohio, and their prospective study participants, for making this study possible.

U.S. Physical Therapy Participated in the UBS Global Healthcare Virtual Conference

Retrieved on: 
Tuesday, May 25, 2021

Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics (the "Company"), today announced Chris Reading, Chief Executive Officer, and Carey Hendrickson, Chief Financial Officer, participated in the UBS Global Healthcare Virtual Conference on Monday, May 24, 2021.

Key Points: 
  • Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics (the "Company"), today announced Chris Reading, Chief Executive Officer, and Carey Hendrickson, Chief Financial Officer, participated in the UBS Global Healthcare Virtual Conference on Monday, May 24, 2021.
  • Physical Therapy, Inc. operates 565 outpatient physical therapy clinics in 39 states.
  • In addition to owning and operating clinics, the Company manages 40 physical therapy facilities for unaffiliated third parties, including hospitals and physician groups.
  • Physical Therapy, Inc. is available at www.usph.com .

ATI Physical Therapy Expands to Atlanta Market with Opening of Three Clinics

Retrieved on: 
Tuesday, May 25, 2021

BOLINGBROOK, Ill. and ATLANTA, May 25, 2021 /PRNewswire/ -- ATI Physical Therapy (ATI), one of the nation's largest providers of physical therapy (PT) services, today announced its entrance into the Atlanta market with three new clinics in Braselton, Milton and Suwanee opening this month.

Key Points: 
  • BOLINGBROOK, Ill. and ATLANTA, May 25, 2021 /PRNewswire/ -- ATI Physical Therapy (ATI), one of the nation's largest providers of physical therapy (PT) services, today announced its entrance into the Atlanta market with three new clinics in Braselton, Milton and Suwanee opening this month.
  • "The sprawl of Atlanta's suburban market and its challenging traffic patterns create an environment where easy access to physical therapy can be difficult.
  • ATI is bringing clinical best practices to these communities that don't currently have optimal access to physical therapy," said Nate Bard, Chief Growth Officer at ATI.
  • "As the leader of the physical therapy industry, ATI is committed to providing improved access to physical therapy.

Parkinson's Foundation and American College of Sports Medicine Announce Exercise Recommendations for Parkinson's Disease

Retrieved on: 
Tuesday, May 25, 2021

The exercise recommendations came from a Parkinson's Foundation convening in March 2020 of thought leaders in exercise, physical therapy, exercise research, medicine, exercise certification and Parkinson's community-based exercise programs.

Key Points: 
  • The exercise recommendations came from a Parkinson's Foundation convening in March 2020 of thought leaders in exercise, physical therapy, exercise research, medicine, exercise certification and Parkinson's community-based exercise programs.
  • For more information about the Parkinson's exercise recommendations and to see the full exercise convening report, visit www.Parkinson.org/ExercisePros.
  • The Parkinson's Foundation makes life better for people with Parkinson's disease by improving care and advancing research toward a cure.
  • The American College of Sports Medicine is the largest sports medicine and exercise science organization in the world.

H.I.G. Capital Signs Definitive Agreement to Acquire CORA Physical Therapy

Retrieved on: 
Tuesday, May 25, 2021

"), a leading global alternative investment firm with $44 billion of equity capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire CORA Health Holdings Corp. and its subsidiaries, doing business as CORA Physical Therapy (CORA or the Company), a leading operator of outpatient physical and occupational therapy clinics.

Key Points: 
  • "), a leading global alternative investment firm with $44 billion of equity capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire CORA Health Holdings Corp. and its subsidiaries, doing business as CORA Physical Therapy (CORA or the Company), a leading operator of outpatient physical and occupational therapy clinics.
  • Headquartered in Charlotte, North Carolina, CORA currently operates 228 outpatient physical therapy clinics across nine U.S. states, primarily in the Southeast.
  • The Companys 850+ physical therapists, physical therapy assistants and other clinicians offer best-in-class outpatient physical rehabilitation services for orthopedic problems, work-related injuries, sports injuries and various neuromuscular and neurological conditions.
  • CORA clinics offer a complete range of treatment, including outpatient physical therapy and general rehabilitation, workers compensation therapy, sports and auto injury rehabilitation, and rehabilitation for seniors.

ATI Physical Therapy to Participate in Upcoming Investor Conferences

Retrieved on: 
Monday, May 24, 2021

BOLINGBROOK, Ill., May 24, 2021 /PRNewswire/ --ATI Physical Therapy (ATI), one of the nation's largest providers of physical therapy services,today announced that Labeed Diab, CEO, and Joe Jordan, CFO, will participate in the following upcoming investor conferences:

Key Points: 
  • BOLINGBROOK, Ill., May 24, 2021 /PRNewswire/ --ATI Physical Therapy (ATI), one of the nation's largest providers of physical therapy services,today announced that Labeed Diab, CEO, and Joe Jordan, CFO, will participate in the following upcoming investor conferences:
    The UBS Global Healthcare Virtual Conference including one-on-one meetings on Tuesday, May 25, 2021 and a presentation at 5:00 pm ET.
  • The Benchmark Company Healthcare House Call Conference including one-on-one meetings on Wednesday, May 26, 2021 and a presentation on Thursday, May 27, 2021 at 2:00 pm ET.
  • The Jefferies Virtual Healthcare Conference including one-on-one meetings on Thursday, June 3, 2021 and a presentation on Friday, June 4, 2021 at 12:30 pm ET.
  • At ATI Physical Therapy, we are passionate about potential.

MedRhythms and EVERSANA announce partnership to launch and commercialize chronic stroke software-based medical device

Retrieved on: 
Wednesday, May 19, 2021

Stroke is a leading cause of disability in the United States.

Key Points: 
  • Stroke is a leading cause of disability in the United States.
  • More than half of stroke survivors, approximately 3.5 million people in the U.S., have persistent walking deficits.
  • There is no standard of care for these long-term functional deficits, which negatively impact the lives of stroke survivors and their caregivers.
  • The company has an active pipeline of prescription digital therapeutics targeting rehabilitation and prevention in areas of neurologic injury and disease.

KKR Closes Acquisition of Therapy Brands

Retrieved on: 
Tuesday, May 18, 2021

b'BIRMINGHAM, Ala. and NEW YORK, May 18, 2021 /PRNewswire/ -- KKR, a leading global investment firm, announced today the closing of its previously-announced acquisition of a majority interest in Therapy Brands (the "Company"), a leading practice management and electronic health record (EHR) software platform for mental, behavioral, substance use recovery, applied behavior analysis (ABA) and physical rehabilitation healthcare providers.\n"This acquisition is exciting for the Therapy Brands family our employees, our customers, and their patients," said Kimberly O\'Loughlin, CEO of Therapy Brands.

Key Points: 
  • b'BIRMINGHAM, Ala. and NEW YORK, May 18, 2021 /PRNewswire/ -- KKR, a leading global investment firm, announced today the closing of its previously-announced acquisition of a majority interest in Therapy Brands (the "Company"), a leading practice management and electronic health record (EHR) software platform for mental, behavioral, substance use recovery, applied behavior analysis (ABA) and physical rehabilitation healthcare providers.\n"This acquisition is exciting for the Therapy Brands family our employees, our customers, and their patients," said Kimberly O\'Loughlin, CEO of Therapy Brands.
  • Therapy Brands\' solutions are purpose-built, focused squarely on improving the patient experience and decreasing the administrative burden for practitioners so they can spend more time focused on the health and well-being of their clients and businesses.\nKKR made its investment in Therapy Brands primarily from its Americas XII Fund.
  • PSG, a leading growth equity firm that focuses on partnering with middle-market software and technology-enabled service companies and existing investor in Therapy Brands, participated in the transaction alongside KKR and remains a minority shareholder in the Company.
  • Through purpose-built, fully integrated practice management and EHR solutions provided by Therapy Brands, healthcare providers can improve patient quality of care and support better health outcomes for those they serve.

Professional Physical Therapy Partners with Luna to Expand At-Home Outpatient Physical Therapy

Retrieved on: 
Monday, May 17, 2021

b'ROCKLIN, Calif. and MELVILLE, N.Y., May 17, 2021 (GLOBE NEWSWIRE) -- Professional Physical Therapy, the leading provider of physical therapy in the Northeastern United States, today announced a new partnership with Luna, the leader in on-demand physical therapy, to expand Professional\xe2\x80\x99s at-home therapy services through Luna\xe2\x80\x99s best-in-class technology platform and network of exceptional therapists.

Key Points: 
  • b'ROCKLIN, Calif. and MELVILLE, N.Y., May 17, 2021 (GLOBE NEWSWIRE) -- Professional Physical Therapy, the leading provider of physical therapy in the Northeastern United States, today announced a new partnership with Luna, the leader in on-demand physical therapy, to expand Professional\xe2\x80\x99s at-home therapy services through Luna\xe2\x80\x99s best-in-class technology platform and network of exceptional therapists.
  • We customize individual recovery plans and strive to meet the patients where they are,\xe2\x80\x9d says Professional Physical Therapy CEO Dan Dourney.
  • \xe2\x80\x9cLuna is excited to dramatically expand the quality physical therapy Professional is providing to the Northeast.\xe2\x80\x9d\nThe new service is available to Professional patients in New York as of April 2, 2021.
  • Service offerings include telehealth, in-home physical therapy, and outpatient physical, hand, and occupational therapy in over 180 clinics throughout the Northeast.\n'