Tx:Team Welcomes Five New Equity Partners
Founded in 1983 by Greg Jennings, PT, Tx:Team is a privately held, therapist-led organization. For over 40 years, we have evolved to meet the ever-changing needs of the healthcare landscape by focusing strategically on the development of our people. With an eye toward the future, we are pleased to announce five new equity partners. Joining our ownership group as of April 1, 2025, are Mitch Parsons, Katie Guerdan, Spencer Sheridan, Liz Kotroba, and Chris Gray. We believe strongly in the importance of great leadership, and our five new shareholders embody our core values of integrity, camaraderie, vision, responsiveness, resilience, teamwork, flexibility, and continuous learning.
Mitch Parsons, PT, MBA, CSCS, C-PT, graduated from Ball State University with a degree in Exercise Science and went on to earn his Bachelor’s of Physical Therapy degree from Indiana University in 1998. He furthered his education by obtaining an MBA from the University of Tennessee in 2014. Mitch has worked with all populations, from pediatric to geriatric, in a number of clinical settings, including outpatient and long term care. He has extensive training in vestibular rehabilitation, sports medicine, and orthopedics. Mitch has also earned certifications from the National Strength & Conditioning Association as a Certified Strength & Conditioning Specialist and Certified Personal Trainer. Mitch leads the Employer-Based Clinic service line for Tx:Team.
Katie Guerdan, SHRM-CP, joined Tx:Team in 2015 as the Human Resources Generalist. She has twice been promoted to Manager of Human Resources, and now Director. She graduated from Indiana University in Bloomington, Indiana in 2006 with a degree in Sociology. Her experience, primarily focused in the healthcare setting, is an asset to her responsibilities of providing guidance on regulatory compliance, employee relations issues, performance management, training, recruiting, and benefits administration. Katie is a Certified Professional in Human Resources and is a member of Society for Human Resource Management.
Spencer Sheridan graduated in 2012 from Wabash College with a degree in Economics. In the summer of 2011, Spencer spent an eight-week internship at Tx:Team he completed a project focused on the company’s internal financial forecasting tools. It was during his internship that he developed a passion for connecting operational performance to financial outcomes. Immediately following graduation from Wabash, he took a fulltime role in finance at Tx:Team. In his current position as Director of Finance, Spencer is responsible for the annual budgeting process, daily accounting tasks, and internal and external performance analysis and reporting. In addition, Spencer oversees the financial forecasting tools that he developed to proactively gauge the current month’s financial performance and trains associates and Team Leaders on financial processes and systems.
Liz Kotroba, PT, DPT, MBA, joined Tx:Team with an extensive background in both rehabilitation and healthcare leadership. She attended The University of Scranton in Scranton, PA, where she earned her Bachelor’s of Science in Health Sciences, her Master’s of Physical Therapy, and her Doctor’s of Physical Therapy. Liz went on to receive her MBA from the University of Maryland – University College in Adelphi, MD. Liz is passionate about rehabilitation services and will continue to advance clinical and operational excellence, innovation, and community engagement throughout the continuum of rehab care as Tx:Team’s Director of Rehab at Frederick Health. She has a wealth of knowledge in program assessment, development, and implementation, clinic start-up, mentoring and developing teams, financial management, and regulatory compliance. Liz is also a Black Belt in Six Sigma.
Chris Gray, PT, DPT, OCS, CERT. DN, FAAOMPT, is an accomplished Physical Therapist with a distinguished career that spans over two decades. His professional journey has showcased his commitment to education and excellence in the field. Chris received his Bachelor’s of Science in Kinesiology with an emphasis in Exercise Physiology and Master’s of Physical Therapy at California State University, Fresno. He went on to receive his Doctor’s of Physical Therapy at the University of St. Augustine. He is an active member of professional organizations such as APTA (Orthopedics Section) and AAOMPT. His expertise extends to teaching, with numerous seminars and university presentations, making him a trusted mentor and guide for the next generation of Physical Therapists. In his role as a Director with Tx:Team, Chris manages rehab operations on behalf of Witham Health Services. He is charged with optimizing efficiency, improving quality, and building a strong culture within the department.
The future is bright, and we could not be more excited to welcome these five talented leaders to our ownership group.
