Physiotherapy Associates Appoints William R. Floyd Chairman of the Board

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Tue Jul 22, 2008 9:00am EDT

PHILADELPHIA--(Business Wire)--
Physiotherapy Associates, a leading U.S. provider of outpatient
rehabilitation services, announced today that its board of directors
has unanimously appointed William R. Floyd, the company's chief
executive officer, as chairman of the board.

   Mr. Floyd, 63, has served as CEO of Physiotherapy Associates since
the company merged with Benchmark Medical in 2007 to create a national
leader in outpatient rehabilitation, orthotic and prosthetic services.
One of the largest mergers in the industry's history, Physiotherapy
Associates today serves thousands of patients from more than 700
clinics across the country.

   "Bill has led the successful integration of two of the industry's
largest rehabilitation providers to position Physiotherapy Associates
as a clear leader in delivering high-quality physical and occupational
therapy services," said Jim Connelly, a board member of Physiotherapy
Associates and partner with Water Street Healthcare Partners, a
private equity firm focused exclusively on health care. "Bill's vision
and results-oriented approach will ensure Physiotherapy Associates'
continued success, as we work together to advance its leadership
position and pursue future growth opportunities."

   "I am very excited about Physiotherapy Associates and our future,"
added Floyd. "We are the premier company that is setting new standards
for high-quality clinical care. We have an exceptional team of
therapists and clinicians that is focused on providing people with a
great patient experience to ensure they achieve positive outcomes that
enable them to enjoy healthy and active lives. This has been and will
continue to be core to our company's success."

   About Physiotherapy Associates

   Physiotherapy Associates is a leading national provider of
outpatient rehabilitation services. Physiotherapy Associates employs a
leading team of physical therapists and health care practitioners who
are dedicated to high-quality patient care. The company provides
physical therapy, industrial rehabilitation, and orthotic and
prosthetic services to thousands of patients across the U.S. through
its national network of community centers.

Physiotherapy Associates
Kris Levan
724-349-7500 ext. 2133
Kris.levan@physiocorp.com

Copyright Business Wire 2008
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