ORANGE CITY, Iowa – Orange City Area Health System has agreed to acquire Orange City Physical Therapy.
Marty Guthmiller, CEO of Orange City Area Health System (OCAHS), and Monica Aalbers, president/owner of Orange City Physical Therapy LLC, along with co-owners Mitch Aalbers, Kim and Sandra Norby, announced the signing of an Asset Purchase Agreement between the two organizations in a release May 22.
The agreement calls for the acquisition of all the therapy center’s assets by OCAHS effective June 30.
According to Guthmiller, a name change –- reflecting the expanded health, wellness, and therapy services -- will occur as a result of the purchase, but the location of Orange City Physical Therapy will not.
“It is our plan to continue services at the current, convenient location in downtown Orange City for the foreseeable future,” he explained.
This purchase won’t impact Orange City Area Health System’s Physical and Occupational Therapy Center located on the health system’s main campus.