Physical Rehabilitation Network, a US-based owner-operator of over 200 physical therapy clinics, and Medical City Healthcare, part of HCA Healthcare, entered into a joint venture to operate a network of 24 full-service outpatient physical therapy clinics throughout the Dallas-Fort Worth area.
The JV alignment will operate under PRN’s Texas-based affiliate brand and name, Vista Physical Therapy, the region’s third-largest outpatient physical therapy provider.
The PRN-Medical City Healthcare network of 24 clinics extends across North Texas.
PricewaterhouseCoopers and Bass, Berry & Sims were advisors to PRN on the transaction.
PRN is a portfolio company of Gryphon Investors, a middle-market PE firm. Read more.