Published in Breaking News

Agility Health revenues increase in second quarter

BY MiBiz Staff Tuesday, August 30, 2016 03:13pm

GRAND RAPIDS — Agility Health Inc. increased revenue for the second quarter.

The Grand Rapids-based provider of physical therapy reported quarterly revenue of $16.2 million, versus $15.7 million in the same period a year earlier, according to a statement. Agility Heath recorded a quarterly net loss of $363,752, which compares to a net loss of $252,610 in the second quarter of 2015.

Mid-year revenue grew to $24.9 million, up 3 percent, with a small net loss of $819,166.

Agility Health operates 88 outpatient physical therapy clinics in 16 states and provides services under contract to 39 hospitals and inpatient rehab units and 27 nursing homes and long-term care facilities in eight states.

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