Leo and Carol Fracalosy
Carol and Leo have worked together successfully to establish three outpatient physical therapy clinics In Southern California. Both began their careers here, Carol is from Denver, Colorado and Leo is from Paterson, New Jersey.
Carol received her Bachelor’s Degree from Pacific Lutheran University in Tacoma, Washington and her Certificate in Physical Therapy from Cal State Long Beach. Her first ten years as a physical therapist were spent treating patients in hospital based rehab facilities such as Rancho Los Amigos Hospital in Downey and Hillhaven Convalescent Hospital in Santa Ana.
In 1979, Carol and her partner Judy Berendsen, PT, set up the Department of Rehab Services at Mesa Verde Hospital in Costa Mesa. From there, Carol founded Corona del Mar Physical Therapy in 1987. The opportunity to open another clinic in Huntington Beach came about in 1995 with the purchase and refurbishment of a 5,000 square foot building. Magnolia Physical Therapy and Aquatic Rehab Center opened for business in March 1995. Continuing on their venture, Laguna Beach Physical Therapy was established in 1997 and actively gives back to the community by participating in numerous local civic events. A fourth clinic, Anaheim Physical Therapy and Aquatic Rehab was created in 2003. After five years, Carol and Leo decided not to renew their lease at that location and ceased operations in 2008.
Leo received his Bachelor’s Degree from Montclair State College in New Jersey and his Master’s from Pepperdine University. He taught, coached and served as the Athletic Director over a 24 year span at Villa Park High School. Upon retirement from academia, in 1993, Leo joined the Company to become the Chief Financial Officer bringing his expertise in finance, business and marketing. Leo and Carol shared the vision of developing and establishing physical therapy clinics providing rehab services for the consumer and thereby providing employment for a growing staff.
In addition to treating patients and managing clinics, Carol contracts with Alzheimer’s Family Services in Huntington Beach (www.afscenter.org) providing physical, occupational and speech therapy assessments for their clients.
As the CFO, Leo manages the employee benefits and business aspects of the Company. He is actively involved with various Chambers of Commerce and is an officer in the Exchange Club of Newport Beach. Leo provides management support and guidance to the Office Managers and other administrative personnel in the Company. Outside of work and volunteering, Leo is an avid tennis player.
Carol and Leo have raised four sons, two of whom are employed by the Company and two working independently. Carol and Leo reside in Corona del Mar.