IvyRehab

What IvyRehab does

IvyRehab Network, Inc. is a US-based, privately held operator of outpatient orthopedic, pediatric, and sports therapy clinics headquartered in Harrison (with executive operations in Birmingham, Alabama) and backed by private equity sponsor Waud Capital Partners. Founded in 2003, the company has grown to 750+ clinic locations across the continental United States and roughly 7,000+ employees as of 2026, operating under the IvyRehab Network umbrella alongside acquired and retained sub-brands including Excel Physical Therapy, ABC Pediatric Therapy, Park Sports Physical Therapy, and Southeastern Therapy. Its core services span adult and pediatric physical therapy, occupational therapy, speech therapy, and applied behavior analysis (ABA), supplemented by specialty programs in athletic therapy, vestibular rehabilitation, concussion management, running gait analysis, aging/fall-prevention therapy, and workers compensation services.

The technology stack is built around the Raintree enterprise EMR platform following a February 2026 partnership announcement, which includes the ScribeIQ AI solution for speech-to-text clinical documentation automation. Patients access records, schedule appointments, and complete paperwork through the Raintree-hosted patient portal, and the network operates telehealth and direct-access (no-prescription) scheduling as digital channels. The clinical workforce participates in residency programs and at least 25 annual contact hours of continuing education, exceeding state minimums.

Revenue is generated predominantly on a fee-for-service basis through insurance reimbursement (most major insurance plans accepted) plus direct patient payment, with a workers compensation and employer-services channel providing enterprise-scale revenue. The go-to-market is hybrid: a direct-to-consumer front door (self-referral, no-prescription scheduling, telehealth) layered with healthcare provider referral programs, employer/workers compensation partnerships, and an outbound M&A motion targeting independent practices. Strategic acquisition is the primary growth lever, executed under the Waud Capital consolidation playbook in a fragmented US rehab market where the top three operators control only an estimated 8-10% of clinics.

Name

IvyRehab

Legal name

IvyRehab Network, Inc.

Website

https://ivyrehab.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

251–500 employees

Short description

IvyRehab operates a 750+ location US outpatient therapy network delivering physical, occupational, speech, and ABA therapy to adult orthopedic, pediatric, sports, and workers compensation patients, leveraging Raintree EMR and an active PE-backed M&A consolidation strategy under Waud Capital Partners.

Ownership category

akta.pro rank

Product category

Outpatient Physical Therapy Services

NAICS

Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340)

SIC

Services-Specialty Outpatient Facilities, Nec (8093), Services-Health Services (8000)

akta.pro primary industry

Outpatient Rehabilitation & Physical/Occupational/Speech Therapy Centers (HLAFABAB)

akta.pro secondary industries

ABA Therapy Providers (Clinic-Based) (EDAKAHAA), Pediatric/School-Based Occupational Therapy (OT) (EDAKAFAA)

Keywords

• Outpatient physical therapy
• Pediatric rehabilitation services
• Occupational therapy clinics
• Sports injury rehabilitation
• Workers compensation therapy

Headquarters

HQ city

Harrison

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Outpatient Therapy Services: Fee-for-service revenue from physical, occupational, speech, and ABA therapy services provided at clinic locations. Services billed per visit with reimbursement from insurance carriers and direct patient payment.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

IvyRehab operates a network of 750+ outpatient orthopedic and pediatric therapy clinics across the United States, delivering physical, occupational, speech, and applied behavior analysis (ABA) therapy services. The network serves adults with musculoskeletal conditions and pediatric patients with developmental needs through in-clinic visits, telehealth, and workers compensation programs for employers. Services include specialty treatments such as vestibular rehabilitation, concussion management, dry needling, and athletic rehabilitation.

Product overview

IvyRehab operates as a multi-location outpatient therapy network providing comprehensive rehabilitation services through a platform of clinic brands. The core offerings include Physical Therapy, Occupational Therapy, and Pediatric Therapy (comprising Physical, Occupational, Speech, and ABA therapy). The network differentiates through specialized programs including Athletic Therapy, Vestibular Rehabilitation, Concussion Management, and Running Gait Analysis. Additional services include Telehealth for remote care, Workers Compensation programs for employers, and Specialty Treatments like dry needling. The company operates multiple sub-brand clinic networks (Ivy Rehab Physical Therapy, ABC Pediatric Therapy, Excel Physical Therapy, Park Sports Physical Therapy) unified under the IvyRehab Network platform, with a recent partnership to adopt Raintree EMR with integrated AI documentation capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Excel Physical Therapy: Outpatient physical therapy clinic services.
• ABC Pediatric Therapy
• Park Sports Physical Therapy
• Southeastern Therapy

Products and services

• Ivy Rehab Physical Therapy

Quantifiable outcome

• 40,000+ five-star reviews with average 4.9/5 star rating
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature1 record

Partnerships

One partnership is on record.

• Raintreeenterprise-level partnershipTechnology or Integration · 4 February 2026Raintree serves as Ivy Rehab's enterprise EMR partner to enhance operational efficiency and patient care. The partnership includes rollout of AI solutions like ScribeIQ for clinical documentation. The collaboration emphasizes long-term strategic partnership and innovation in AI technology for rehab therapy, with Ivy Rehab aiming to lead industry AI adoption.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Confluent Health: PE-backed PT and OT clinic holding company covering multiple regional brands and an Evidence in Motion education platform. Direct comparable operating acquisition-driven clinic roll-up.
• PT Solutions: Outpatient PT operator offering orthopedic and pediatric services with residency programs and employer-of-choice positioning comparable to IvyRehab's clinical excellence and education focus.
• CORA Physical Therapy: PE-backed (Gryphon) outpatient PT and OT network rapidly growing through clinic de novos and acquisitions in the southeastern U.S. Direct competitor pursuing same fragmented-market consolidation thesis.
• Athletico Physical Therapy: National outpatient orthopedic PT provider that was acquired by BJC HealthCare in 2024. Direct multi-state competitor offering PT, OT, and specialty services highly analogous to IvyRehab.
• U.S. Physical Therapy: Public operator of outpatient PT clinics via both company-owned and managed partnership models across 40+ states. Closely comparable clinic-network model serving similar patient mix.
• ATI Physical Therapy: Direct PE-backed outpatient PT and OT clinic network operating across the U.S., pursuing an aggressive M&A consolidation strategy similar to IvyRehab. Closest comparable in scale, business model, and ownership profile.

Emerging players

• Hinge Health: Digital MSK and PT platform offering app-based exercise therapy and AI-enabled care to employers and payers. Represents the emerging virtual-care delivery model competing for the same patient referrals.
• Sword Health: AI-driven digital MSK and pelvic-health therapy platform serving employer and payer clients. Competing emerging player with the potential to redirect low-acuity cases away from in-clinic networks.

Broad incumbents

• Select Medical Holdings: Public company operating critical illness recovery hospitals and outpatient rehab clinics (including Concentra occupational health). Larger, more diversified healthcare services platform with overlapping PT/OT capabilities.
• Concentra Group Holdings: National occupational health and outpatient PT operator in employer/workers-comp space. Comparable to IvyRehab's employer and workers compensation service line within a much larger healthcare footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Ivyrehab
• YouTubeyoutube.com/@ivyrehab4857
• Facebookfacebook.com/ivyrehabnetwork
• LinkedInlinkedin.com/company/ivy-rehab
• Instagraminstagram.com/ivyrehab

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IvyRehab