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OrthoCarolina to sell its PT business to a private-equity backed firm

By North Carolina Health News / The Charlotte Ledger:  
   January 17, 2025

OrthoCarolina, one of the nation's largest independently owned orthopedic practices, is close to a deal to sell its physical therapy business to PT Solutions Physical Therapy, an Atlanta-based company backed by private equity. The pending sale is the latest example of private equity's growing presence in health care in North Carolina — a trend that has sparked opportunities for growth and concerns about the potential effects on patient care. 

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