Carlsbad, Calif., July 21, 2021 (WORLD NEWSWIRE)– MemorialCare, a popular not-for-profit Southern California incorporated health system, and Physical Rehabilitation Network (PRN), a leading physical treatment company and practice management company, today broadened their joint assistance network in California with their acquisition of Complete Balance Solutions Institute for Physiotherapy, Inc.
As part of a shared tactical alliance, joint endeavor partners MemorialCare and PRN will obtain Complete Balance Solutions’ 3 Southern California outpatient treatment centers, situated in Laguna Hills, Irvine andSeal Beach Through the addition of those centers, the MemorialCare and PRN joint endeavor collaboration declares the area’s most extensive network of physical treatment centers with 26 centers throughout Orange, Los Angeles and Riverside counties, with strategies to open extra areas by December of 2021.
“We are proudly building on our shared commitment with MemorialCare and expanding our presence in the state of California by welcoming the Complete Balance Solutions team into the PRN family,” stated Ajay Gupta, CEO, PRN. “Founders [and clinic directors] Sapan Palkhiwala and Nirav Patel bring many years of experience and dedication to delivering the highest level of outcomes-based patient care. We are thrilled to have these well-respected leaders and their teams join us at PRN. And we are equally excited to begin supporting them in providing quality patient care to the local communities of Laguna Hills, Irvine and Seal Beach.”
Founded in 2006 by physiotherapists Sapan Palkhiwala and Nirav Patel, Complete Balance Solutions is a leading location for neurological, vestibular and balance injuries and conditions. The group jointly brings more than 25 years’ experience focusing on dealing with people with lightheadedness, balance and motion conditions and complicated non-healing conditions. Complete Balance Solutions’ centers likewise use conventional discomfort relief, speech treatment and a specialized driving rehab program.
“MemorialCare’s continued investment in strengthening its partnership with PRN and expanding its physical therapy and rehabilitation network is part of our broader commitment to provide the highest-value full-service healthcare to Southern California consumers and employers,” states Mark Schafer, M.D., CEO of MemorialCare Medical Foundation, that includes MemorialCare Medical Group andGreater Newport Physicians “With the addition of this leading group of specialists, we’re able to expand our clinical offerings to better serve patients with neurological disorders such as multiple sclerosis and Parkinson’s disease, as well as those with vestibular and balance conditions.”
The collaboration’s network consists of Orange County centers in Costa Mesa, Fountain Valley, Newport Beach, Irvine, Huntington Beach, Anaheim, Anaheim Hills, Mission Viejo, San Clemente, San Juan Capistrano, Laguna Niguel, Yorba Linda, Brea, Seal Beach and Santa Ana/Tustin; Los Angeles County centers in Los Angeles/Beverly Hills, Torrance, Downey, Long Beach/Lakewood, Long Beach and Baldwin Park/West Covina; and Riverside County center in Corona.
To discover more about the physical treatment centers, check out https://completebalancesolutions.com/ or memorialcare.org/physicaltherapy. Call (657) 246-3442 for a visit.
PRN is a portfolio business of Gryphon Investors, a leading middle-market personal equity company.
PricewaterhouseCoopers LLP, FTI Consulting, and Bass, Berry & &(* )PLC served as consultants to PRN on the deal. Sims encouraged Mihama Acquisitions forComplete Balance Solutions Institute Physiotherapy MemorialCare
About MemorialCare has 225 care areas consisting of leading medical facilities–
in Saddleback Medical Center, Laguna Hills in Orange Coast Medical Center, Fountain Valley and Long Beach Medical Center & &Miller Children’s; MemorialCare Women’s Hospital Long Beach and Medical Group; MemorialCare Greater Newport Physicians; MemorialCare Research Program; and many outpatient health, imaging, surgical treatment, immediate care, physical treatment, breast health and dialysis centers throughout Select Health Plan and Orange counties. Los Angeles consist of Accolades and Nation’s Best Health Systems, Workplaces 50 U.S. Top and Hospitals, 10 Cardiovascular Hospitals, 100 Largest Children’s Hospitals – Best Hospitals and Spine, Prostate Surgeries of Best and Orange County and Long Beach Hospitals, U.S. Medical Groups & & News and World Report Best Hospitals in 31 medical classifications and “high performing”, Newsweek World’s Best Hospitals 100 Top, Hospitals and more. Best Maternity Hospitals memorialcare.org.Visit in 1991,
About Physical Rehabilitation Network
Founded, LLC, (PRN) concentrates on physical treatment care, work environment ergonomics options and works as an extensive practice management company, supplying non-clinical administrative assistance services to physiotherapists throughout 15 states in the western and main parts of the U.S. PRN is understood for its leading, value-driven practice management services and ingenious, outcomes-driven physical treatment care design.Physical Rehabilitation Network in
About Gryphon Investors
Based, San Francisco (Gryphon Investors) is a leading personal equity company concentrated on beneficially growing and competitively boosting middle-market business in collaboration with knowledgeable management. www.gryphoninvestors.com company has actually handled over $5.0 billion of equity financial investments and capital because 1997. The targets making equity financial investments of $50 million to $300 million in portfolio business with business worths varying from roughly $100 million to $600 million. Gryphon focuses on financial investment chances where it can form strong collaborations with owners and executives to develop leading business, using Gryphon capital, specialized expert resources, and functional competence.Gryphon’s ###