SPEAR Physical Therapy Named Among 2010 Inc. Magazine’s 5000
Fastest Growing Private Companies
NEW YORK, September 20, 2010 -- Inc. magazine today ranked SPEAR Physical Therapy of New York to its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
SPEAR Physical Therapy, co-founded in 1999 by Dan Rootenberg and David Endres, has become a leading provider of physical therapy services in Manhattan, and a top choice among medical professionals to send their patients. It has shown a three year growth rate of 60%, and has opened its fourth fully-equipped location this month on the Upper East Side which includes a state of the art runners performance center, which using multiple camera angles analyzes runners strides looking for inefficiencies and areas that can lead to injury.
SPEAR employs thirteen top licensed physical therapists and a support team of 23.
“These have been difficult economic times,” said Rootenberg, “but New York remains an active community. All you have to see are the runners and bicyclists and the people on their way to the gym each day. With that goes the expected number of injuries, apart from those incurred due to the natural aging process to know why efficient rehab centers are in demand. A company poised for this demand is going to succeed, even in difficult economic times. People’s lives can’t wait until the recession ends.”
Asked for the secret to SPEAR’s success Rootenberg responds “Our unique combination of clinical excellence paired with superior customer service. We have an excellent staff that truly cares about our patients, and goes through the healing process by their side.”
The 2010 Inc. 5000, unveiled recently on Inc.com, serves as a unique illustration of the profound changes taking place in the U.S. economy. Business Products & Services is the top industry by number of companies on the list (640) and total revenue ($80.7 billion), while Health is the biggest by total employment (287,726 jobs).
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on www.inc.com/5000.