Over the last decade, I have been fortunate to grow a physical therapy company that has provided hundreds of thousands of workers’ compensation visits. I have learned a great deal about the good, the bad and the ugly in our industry during this time. One lesson is most significant: The term “outcome” is among the most misused and misapplied phrases in workers’ compensation. Very few consultants, intermediaries and “experts” actually assess the value of their provider networks because they lack the ability to truly define an outcome.
Condon’s sale of ARC clears the way for his next big dream.
Matt Condon likes to dream big.
An entrepreneur at heart and a self-described romantic, Condon founded ARC Physical Therapy+ in 2003 with one employee and a tiny clinic in northeast Kansas City that focused on PT for workers’ compensation patients.
The goal was never to get rich or build an empire – it was to spread an idea.
ARC Physical Therapy+, which has experienced steady growth since it was founded in Kansas City in 2003, today announced it has entered into a new partnership with U.S. Physical Therapy (USPh).
Due to its unique business model, ARC Physical Therapy+ grew quickly to be home to more than 90 professionals, 11 outpatient clinics, several additional onsite clinics, and an array of unique employer health solutions positioned throughout the Midwest. As a result, ARC attracted interest from a number of potential investors from around the country.