Today’s issue of WorkCompRecap features the announcement from 5th Century Partners that it has made a strategic investment in ION PT Network, a physical therapy management company serving the workers’ compensation market.
5CP noted that the transaction continues its focus on partnering with differentiated, founder-led companies that deliver measurable outcomes in complex healthcare environments. Founder and CEO Joseph Noel will continue to serve in his role, leading the business through its next phase of growth. Recent additions to the leadership team include Sara Mulick as chief revenue officer and Alina Schreiber as chief financial officer. The company will also continue to operate under its existing brand.