BOLINGBROOK, Ill., July 27,
2023 /PRNewswire/ -- ATI Physical Therapy ("ATI" or
the "Company"), a nationally recognized rehabilitation provider,
today announced a strategic partnership with Genie Health (formerly
known as PT Genie), a leader in the digital MSK healthcare space.
At full maturity, the goal of the innovative partnership is to
create a hybrid-care model linking nationwide virtual physical
therapy with hands-on care in more than 900 clinics in 24
states.
The partnership is expected to expand ATI's digital care
capabilities that have delivered 150,000 telehealth visits for more
than 12,500 patients since 2020. The combined platform will add
computer vision-driven remote monitoring through Genie Health's
innovative MSK healthcare platform, which is rooted in AI
(Artificial Intelligence).
The first phase of the relationship will enable ATI to deploy a
hybrid model of healthcare, delivering remote monitoring services
alongside its nationwide telehealth and in-office therapy network
of practices. ATI specializes in physical therapy, workers'
compensation rehabilitation, employer worksite solutions, sports
medicine, and a variety of specialty therapies.
By leveraging the use of Genie's technology, this partnership is
expected to enable ATI to offer advanced machine learning and
artificial intelligence (ML/AI) tools to present data patterns in
various formats in the long-term. These capabilities are intended
to optimize patient care delivery from an operational, clinical,
and a financial lens. The aim is to gain insights that will shed
light on recovery curve trends and normative patterns that could
help build predictive models to augment clinical decision-making.
Altogether, the intent is to help providers safely guide their
patients to an optimal path of recovery.
"This partnership will allow us to expand patient access through
this exciting business partnership expanding our digital
capabilities," said Dr. Chuck Thigpen, PhD, PT, ATC, Senior
Vice President of Clinical Excellence, ATI Physical Therapy. "We
expect to provide broader access to our outstanding patient care
while also exploring a range of innovative commercial
possibilities."
The product offering is a patient-facing telehealth and remote
monitoring digital solution to be branded as "CONNECT™, powered by
Genie Health."
"This partnership will allow us to dramatically expand our reach
by adding over 2,500 new providers and 400,000 new patients
annually to our platform and gives us the opportunity to work with
a nationally recognized company whose corporate culture aligns with
ours," said Tim Hedke, COO of Genie
Health. "Most importantly, it can provide ATI patients with better
access to high-quality care and help to improve and enhance the
therapist-patient relationship."
The partnership further solidifies Genie Health as a leader in
digital healthcare and innovation in the MSK
space.
About ATI Physical Therapy
At ATI Physical Therapy, we are passionate about potential.
Every day, we restore it in our patients and activate it in our
team members in our more than 900 locations in 24 states. With
outcomes from more than 3 million unique patient cases, ATI is
making strides in the industry by setting quality standards
designed to deliver predictable outcomes for our patients with
musculoskeletal (MSK) issues. ATI's offerings span across a broad
spectrum for MSK-related issues. From preventative services in the
workplace and athletic training support to outpatient clinical
services and online physical therapy via our online platform,
CONNECT™, a complete list of our service offerings can
be found at ATIpt.com. ATI is based
in Bolingbrook, Illinois.
About Genie Health
Genie Health is an innovative provider of physical therapy and
healthcare services, delivering turnkey solutions for virtual
musculoskeletal (MSK) care and patient engagement using AI-driven
computer vision technology. Genie Health has extensive experience
in the marketplace with remote patient monitoring through
orthopedic provider practices and whose platform fully integrates
with provider EMRS and workflows. Physical therapists and athletic
trainers have been able to deploy the digital platform efficiently
and with compliance rates approaching 75%.
They are now focused on delivering digital MSK solutions in
three categories – physical therapy, virtual remote monitoring for
functional movement screenings and athletic injury prevention and
occupational health risk management, which is reflected in its sub
brands, PT Genie, Sports Genie and woRx genie.
Use of Forward-Looking Statements
This release contains "forward‑looking statements" regarding our
future plans and performance. Forward‑looking statements are
subject to known and unknown risks and uncertainties and are based
on potentially inaccurate assumptions that could cause actual
results to differ materially from those expected or implied by the
forward‑looking statements. If any such risks or uncertainties
materialize or if any of the assumptions prove incorrect, our
results could differ materially from the results expressed or
implied by the forward‑looking statements we make.
In evaluating these forward-looking statements, readers should
consider various factors, including the Company's ability to change
its direction, its ability to keep pace with new technology and
changing market needs, and the competitive environment of its
business. Factors that may cause actual results to differ
materially from those in any forward‑looking statements include the
Company's ability to develop and integrate the products and
services in a manner that satisfies customers and potential
customers, the entry of new products and competitors in the market,
and other risks and uncertainties indicated from time to time in
the filings of ATI Physical Therapy, Inc. (NYSE: ATIP) with the
SEC, including those under "Risk Factors" in its Annual Report on
Form 10-K and its subsequent filings with the SEC.
We undertake no obligation, and do not intend, to update these
forward‑looking statements.
Category: Corporate Transactions
Contacts:
ATI Investor Relations
Joanne Fong
SVP, Treasurer and Head of Investor Relations
ATI Physical Therapy
Investors@atipt.com
630-296-2223 ext. 7131
ATI Media
Genesa Garbarino
Garbo Communications
genesa@garbo.agency
424-499-7025
Rob Manker
Director of Marketing & Public Relations
ATI Physical Therapy
warren.manker@atipt.com
630-296-2222 ext. 7432
Genie Health Media
Kelly Rose Millett
Marketing Manager
kelly@genie.health
216-570-5020
Contact: warren.manker@atipt.com
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SOURCE ATI Physical Therapy