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Physical rehab firm moves here to get well. (NMS Rehabilitation Inc. moves headquarters to Atlanta) (company profile)

Atlanta Business Chronicle

| March 06, 1989 | Allison, David | COPYRIGHT 1989 American City Business Journals, Inc. (Hide copyright information)Copyright

Physical rehab firm moves here to get well

New financing from local company aids NMS A small Florida company that operates physical rehabilitation centers has moved to Atlanta for its own rehabilitation.

NMS Rehabilitation Inc., a 5-year-old public company, moved its headquarters here last month from Orlando as a result of a December transaction in which an Atlanta company, NewHealth Ventures Inc., injected it with $2.1 million in new financing. James T. Murphy, one of NewHealth's partners, became NMS' new president.

"The company needed a shot in the arm," Murphy says. "Sometimes a little movement like this gives you a chance to rally people. …

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