Sovereign Investments
RehabWorks
- Date: March 2010
- http://www.rehabworks.co.uk
RehabWorks is the UK's leading provider of back to work, occupational physiotherapy programmes, from its centralised triage function and 19 rehabilitation centres across the UK.
Long term illness costs the UK economy over £5bn per annum, approximately 80% of which includes musculoskeletal disorders and mental illness.
RehabWorks has developed an evidence based mental health offering to support its established physiotherapy programmes, thereby expanding the services it offers its broad range of blue chip clients that include Aviva, Sainsbury's, BT, Honda and Royal Mail, in addition to its range of emergency services and local authority customers, facilitating the return to work of employees on long term sickness leave.
While employees are able to improve their physical and mental wellbeing, RehabWorks' clients benefit from a healthier workforce and the cost savings from reduced sick pay and temporary cover: for example, a programme for Royal Mail demonstrated that for every £1 the client spent on the service, RehabWorks saved them £3.
RehabWorks operates in a fragmented market, ideally suited to Sovereign's proven Buy & Build model.