Central to success
Central Kentucky Mobility planned to acquire "a good company with a great reputation" in November, said Joe Serafini, owner and president.
Central Kentucky planned to acquire Rehab Designs in Louisville, Ky., better positioning the nearly six-year-old provider to more easily service the entire state, Serafini said.
"We cover most of Kentucky, but a lot of times, there's a lot of travel time involved," he said. "With the cutbacks, it has become harder and harder to continue support and service. Cutting down on travel will help us continue to do what we do and keep the cutbacks from hitting us in the pocketbook as much."
Rehab Designs' four employees--a billing/office manager, a sales representative and two service technicians--would stay onboard with Central Kentucky. Central Kentucky has seven employees, including Serafini and the provider's two other owners, David Preston and Michael Sivori.
Since Rehab Designs has been around longer, more than a dozen years, Central Kentucky would also tap into the provider's experience providing custom rehab, Serafini said.
"We want to build on what they have," he said.
Central Kentucky does about equal parts Medicare and Medicaid. Many of its patients are pediatrics and quadriplegics.