Professional Physical Therapy Receives Deals of Distinction Award

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CEO and Founding Partner, Adam Elberg, is Presented With the 2016 Award in Healthcare Category

Adam Elberg, CEO and President of Professional Physical Therapy

Anyone who handles mergers and acquisitions knows that this award is not a single person accomplishment, but that of a dedicated and talented team, and I am proud and accept the award on behalf everyone at Professional.

Professional Physical Therapy’s CEO and Founding Partner, Adam Elberg, was presented with the Deals of Distinction Award in the healthcare category at The Executives’ Association of New York City (EANYC)’s Second Annual Deals of Distinction Awards Ceremony, in partnership with SmartCEO, on Thursday, May 19th. The Deals of Distinction Program recognizes the area’s most accomplished executives and the transactions and partnerships that have made their organizations thrive.

President, CEO, and Founding Partner, Adam Elberg, along with nine executives from Professional Physical Therapy, enjoyed a night of celebrating their many goals and achievements over the past year.

After the announcement that Professional Physical Therapy won the Deals of Distinction Award for Healthcare, Adam expressed, “Anyone who handles mergers and acquisitions knows that this award is not a single person accomplishment, but that of a dedicated and talented team, and I am proud and accept the award on behalf everyone at Professional. Congratulations to AdvantageCare Physicians, PC and Patient Care Associates, Inc. and the rest of the award honorees for their achievements.”

The award nomination was prompted by last year’s acquisition of Premier Physical Therapy, which added 13 locations to the organization. Years ago, Professional’s founding partners were employees of the same hospital network as one of the partners from Premier. As the years went on, a strong professional relationship developed, recognizing the high-caliber performance within both companies.

“We are extremely privileged to serve the healthcare community day in and day out. I have worked with Adam for almost twenty years, and I am proud that he has received this remarkable honor,” says Rob Panariello, Co-founding Partner and Chief Clinical Officer at Professional Physical Therapy.

The closing of the deal with Premier has made Professional the largest outpatient private physical therapy provider in the Tri-State Area, and enabled the organization to enter into new markets. Since this acquisition, less than a year ago, Professional has grown to more than 80 locations throughout New York, New Jersey and Connecticut.

About the Deals of Distinction Awards
The 2016 Executives’ Association of New York City Deals of Distinction program honors innovative business leaders and dealmakers from the Greater New York City region who have a unique story to tell about a business transaction and/or partnership that made a significant impact on the company and its success. Finalists and winners were chosen by an independent panel of local business leaders and assessed based on the details of their deal/partnership, and how it positively affected the organizations involved, the industry or the business community as a whole.

About Professional Physical Therapy
Professional Physical Therapy, headquartered in Uniondale, New York, is an award-winning, leading provider of physical therapy and rehabilitation services throughout the New York metropolitan area, New Jersey and Connecticut. Founded in 1998, Professional Physical Therapy operates 83 outpatient physical and hand therapy centers: 12 located within Equinox Fitness Centers, five located in Blink Fitness facilities, one located in a STACK Sports Performance Center, and 65 standalone. The company’s outpatient physical therapy centers provide treatment to patients suffering from musculoskeletal impairments associated with orthopedic and sports injuries and other medical conditions. Additionally, Professional Physical Therapy operates a 20,000 square foot sports performance training facility in Garden City, New York. http://www.professionalpt.com

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Eva Brandl
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Professional Physical Therapy
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