{"id":9413,"date":"2024-04-30T00:00:00","date_gmt":"2024-04-30T04:00:00","guid":{"rendered":"https:\/\/livingstagenew.wpenginepowered.com\/transaction\/livingstone-advises-access-pt-on-partnership-with-confluent-health\/"},"modified":"2026-06-01T20:11:22","modified_gmt":"2026-06-02T00:11:22","slug":"livingstone-advises-access-pt-on-partnership-with-confluent-health","status":"publish","type":"transaction","link":"https:\/\/livingstonepartners.com\/en\/transaction\/livingstone-advises-access-pt-on-partnership-with-confluent-health\/","title":{"rendered":"Livingstone Advises ACCESS PT on Partnership with Confluent Health"},"content":{"rendered":"\n<p><strong>Livingstone\u2019s Healthcare team has advised <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/accessphysicaltherapywellness.com\/\"><strong>Access Physical Therapy &amp; Wellness<\/strong><\/a><strong> &lpar;\u201cACCESS PT\u201d or the \u201cCompany\u201d&rpar;, a family-owned outpatient physical therapy platform operating 66 clinics across four states, on its new partnership with <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/goconfluent.com\/\"><strong>Confluent Health<\/strong><\/a><strong>. &nbsp;Livingstone acted as exclusive financial advisor to ACCESS PT.&nbsp; Transaction terms were undisclosed.<\/strong><\/p><p><em>\u201cThis collaboration is a leap forward in enhancing the accessibility of our clinics, thereby amplifying our ability to cater to the increasing needs of our patient community,\u201d<\/em> shared <strong>Steve Albanese, PT, DPT, Co-Founder and Co-CEO of ACCESS PT<\/strong>. <em>\u201cConfluent Health\u2019s comprehensive suite of services will greatly complement our offerings, allowing us to provide even more holistic care and support to those who rely on us for their health and well-being.\u201d<\/em><\/p><p>Established in 2003 by siblings Chris and Steve Albanese, along with their spouses Janet and Shannon, ACCESS PT has flourished into one of the largest independent providers of physical therapy, occupational therapy, pelvic health, and speech therapy in the northeastern United States, with notable presence in New York\u2019s Hudson Valley area. &nbsp;Employing a diversified growth strategy encompassing de novo development, add-on acquisitions, and hospital partnerships, the Company has extended its reach to comprise 66 clinics spanning Connecticut, New York, North Carolina, and Pennsylvania. The ACCESS PT transaction marks a significant milestone for Confluent Health, elevating its national footprint to 750 outpatient clinics across the country.<\/p><p><em>\u201cWe are excited to welcome ACCESS PT into the Confluent Health family,\u201d<\/em> said <strong>Kristi Henderson, DNP, FAAN, CEO of Confluent Health<\/strong>. <em>\u201cTheir forward-thinking approach and unwavering dedication to patient care perfectly aligns with our mission to broaden the reach of top-tier healthcare services. This collaboration underscores our commitment to enhancing our presence in the healthcare sector and ensures that more patients will benefit from our combined expertise and shared principles.\u201d<\/em><\/p><p>While local care will never change, Confluent Health will provide ACCESS PT with access to an expanded suite of resources, including management services, advanced education, and musculoskeletal health tools. In addition, Confluent Health offers practice-enablement services to strengthen and grow their clinics with services such as marketing, recruitment, talent development solutions, financial services, and digital solutions, all with the overarching goal to allow therapists to focus on serving patients.<\/p><p><em>\u201cLivingstone is honored to have facilitated this partnership, which promises a positive, transformative impact on physical therapy accessibility and enhanced MSK care in the Northeastern U.S.,\u201d<\/em> shared <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/\/en\/team\/ryan-buckley\/\"><strong>Ryan Buckley<\/strong><\/a>, <strong>Partner at Livingstone<\/strong>.<\/p><p><em>\u201cWe chose Livingstone as our M&amp;A advisor for their unparalleled experience in physical therapy, steadfast guidance in representing family-owned businesses, and exceptional outcomes,\u201d<\/em> shared <strong>Christopher Albanese, PT, MS, Co-Founder and Co-CEO of ACCESS PT<\/strong>.<\/p><p>Livingstone has cultivated the most active M&amp;A practice dedicated to physical therapy operators across the middle market, advising on over $1.3 billion of transaction value.&nbsp; Since the end of 2021, Livingstone has sold five market leading physical therapy platforms. Success stories in physical therapy include transactions involving other industry leaders such as <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/\/en\/insights\/livingstone-delivers-strategic-buyer-agility-health\/\">Agility Health<\/a>, <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/\/en\/insights\/livingstone-sells-long-term-care-division-for-alliance-physical-therapy\/\">Alliance Physical Therapy Partners<\/a>, <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/\/en\/transactions\/ati-physical-therapygtcr\/\">ATI Physical Therapy<\/a>, <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/\/en\/transactions\/new-harbor-capital-acquires-majority-stake-in-pt-solutions-holdings\/\">PT Solutions<\/a>, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/renewalrehab.net\/\">Renewal Rehab<\/a>, and <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/\/en\/transactions\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/\">Therapy Partner Solutions<\/a>.<\/p><p><em>\u201cLivingstone continues to demonstrate unwavering activity in the M&amp;A market and a burgeoning healthcare practice, with nine healthcare M&amp;A closings in the past 15 months,\u201d<\/em> added <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/en\/\/en\/team\/mark-carl\/\"><strong>Mark Carl<\/strong><\/a>, <strong>Managing Director at Livingstone<\/strong>. <em>\u201cThis transaction momentum is a reflection of our continued focus on power alleys in which we have deep domain expertise such as physical therapy and the broader musculoskeletal specialty.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Livingstone\u2019s Healthcare team has advised Access Physical Therapy &#038; Wellness &lpar;\u201cACCESS PT\u201d or the \u201cCompany\u201d&rpar;, a family-owned outpatient physical therapy platform operating 66 clinics across four states, on its new partnership with Confluent Health.<\/p>\n","protected":false},"featured_media":3986,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-9413","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":[1190,1205],"date":"20240430","client_type":40,"type":[1102],"region":[376],"services":[434],"sectors":[636,673],"related_transactions":[9405,9393,9374,9360],"related_testimonials":[51045,51046,51047,51048,51049],"contacts":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Livingstone Advises ACCESS PT on Partnership with Confluent Health - Livingstone Partners<\/title>\n<meta name=\"robots\" content=\"index, follow, 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