SportsMed Physical Therapy
SportsMed Physical Therapy is a Glen Rock, NJ-based outpatient rehabilitation network operating 55 multi-disciplinary clinics across New Jersey and Connecticut, serving patients with physical therapy, hand/occupational therapy, chiropractic, acupuncture, pelvic floor therapy, and HomeCare services under Direct Access self-referral.
- Company typePrivate
- Founded2004
- HeadquartersGlen Rock, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What SportsMed Physical Therapy does
SportsMed Physical Therapy is a multi-disciplinary outpatient rehabilitation network founded in 2004 and headquartered in Glen Rock, New Jersey. The company operates 55 clinic locations across New Jersey and Connecticut, delivering physical therapy, hand and occupational therapy, chiropractic care, acupuncture, pelvic floor therapy, and an in-home HomeCare service line. Clinicians operate under New Jersey and Connecticut Direct Access laws, which permit patients to self-refer without a physician prescription and lower the friction to initiating a course of care.
The business model is consumer- and payor-driven outpatient care: revenue is generated through per-visit and per-episode billing across a distributed patient base, with payment sourced from major commercial insurers (Aetna, Cigna, Horizon BCBS, UnitedHealthcare), Medicare, and Medicaid, supplemented by self-pay. Distribution is anchored by a dense regional clinic footprint, multi-disciplinary clinical talent including Certified Hand Therapists, and a brand supported by 2,500+ five-star reviews and a Bronze Stevie Award for fastest-growing company.
Since 2018, the company has been a portfolio asset of private equity sponsor Hildred Capital Management. Growth has been executed through a combined M&A and de novo strategy, including the acquisitions of Mountainside Wellness (2023-10), Red Bank Physical Therapy (2024-01), Mendham Physical Therapy (2025-04), and The Physical Therapy and Rehabilitation Center LLC (2026-03, two Connecticut clinics), alongside new clinic openings in Middletown, NJ and Emerson, NJ in 2026-04. The company runs an active "Sell Your Practice" program targeting additional tuck-in acquisitions.
SportsMed Physical Therapy firmographics
Firmographics- Name
- SportsMed Physical Therapy
- Legal name
- SportsMed Physical Therapy
- Website
- https://spineandsportsmed.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SportsMed Physical Therapy is a Glen Rock, NJ-based outpatient rehabilitation network operating 55 multi-disciplinary clinics across New Jersey and Connecticut, serving patients with physical therapy, hand/occupational therapy, chiropractic, acupuncture, pelvic floor therapy, and HomeCare services under Direct Access self-referral.
- Ownership category
- akta.pro rank
SportsMed Physical Therapy industry classification
Industry- Product category
- Outpatient Physical Therapy & Rehabilitation Services
- NAICS
- Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134), Home Health Care Services (62161), Offices of Chiropractors (62131), Offices of Other Health Practitioners (6213)
- SIC
- Services-Specialty Outpatient Facilities, Nec (8093), Services-Home Health Care Services (8082), Services-Misc Health & Allied Services, Nec (8090)
- akta.pro primary industry
- Orthopedic & Sports Rehabilitation Centers (HLAFAFAI)
- akta.pro secondary industries
- Sports Medicine (HLAKALAB), Sports Physical Therapy & Return-to-Play Rehab (HSADAIAB), Physical Therapy (PT) In-Home (HSABADAA), Chiropractic Rehabilitation & Therapeutic Exercise (HSADALAG)
Keywords
Where SportsMed Physical Therapy is headquartered
LocationHeadquarters
- HQ city
- Glen Rock
- HQ country
- United States
- HQ region
- North America
Offices53 records
Markets served
SportsMed Physical Therapy business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain, Others
Revenue model
- Outpatient Physical Therapy Services: SportsMed generates revenue through outpatient physical therapy and rehabilitation services billed to insurance companies. Services include physical therapy, occupational therapy, hand therapy, chiropractic care, acupuncture, and pelvic floor therapy. The company accepts most major insurance plans including Aetna, Cigna, Horizon Blue Cross Blue Shield, UnitedHealthcare, Medicare, Medicaid, Tricare, Workers' Compensation, and PIP. Patients pay copays typically ranging from $20-50 per visit.
- HomeCare Services: In-home therapy services primarily covered by Medicare Part B and Part C (Medicare Advantage) plans. The HomeCare division serves homebound seniors across New Jersey and Connecticut counties.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Insurance-based outpatient therapy |
| Other | Pay-as-you-go | Payment plans and financing |
| Subscription | Pay-as-you-go | Medicare-covered home care |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
SportsMed Physical Therapy product offering
Product offeringCore offering
SportsMed Physical Therapy delivers one-on-one, evidence-based outpatient rehabilitation across a 55-clinic network in New Jersey and Connecticut, offering physical therapy, hand and occupational therapy, chiropractic care, acupuncture, pelvic floor therapy, vestibular and neurological rehabilitation, workplace injury programs, and Alter-G Anti-Gravity Treadmill services, plus in-home HomeCare physical, occupational, and speech therapy. Treatment is delivered by licensed specialists with advanced certifications under Direct Access rules that allow patients in NJ and CT to begin therapy without a physician's referral.
Product overview
SportsMed Physical Therapy operates as a multi-service outpatient rehabilitation network offering a unified platform of clinical services across 50+ locations in New Jersey and Connecticut. The core product portfolio centers on Physical Therapy as the primary service, supplemented by Hand & Occupational Therapy, Pelvic Floor Physical Therapy, Chiropractic Care, Acupuncture, and HomeCare (in-home services). Additional specialized offerings include Workplace Injury Rehabilitation, Vestibular Therapy/Neurological Rehabilitation, and Alter-G Anti-Gravity Treadmill programs. The company also operates a Practice Acquisition Program for growth through acquisition of independent practices. Services are integrated under one roof at most locations, enabling coordinated, multidisciplinary care delivery with Direct Access (no referral required) in NJ and CT.
Differentiator
Problem solved
Functional benefit
Brands
- SportsMed HomeCare: In-home physical, occupational, and speech therapy services delivered at patients' homes in New Jersey and Connecticut.
Products and services
- Physical Therapy Hands-on, one-on-one physical therapy treatment for back and neck pain, sports injuries, post-surgical recovery, arthritis, joint pain, and various orthopedic conditions. Includes manual therapy, dry needling, therapeutic exercise, and modalities like ultrasound and electrical stimulation. Delivered by licensed PT specialists under Direct Access rules in NJ and CT.
- Hand and Occupational Therapy Specialized rehabilitation for upper extremity conditions including hand, wrist, and arm injuries, delivered by Certified Hand Therapists (CHTs) with 5,000+ hours of hand condition treatment. Includes custom splinting, bracing, and occupational therapy for daily living activities.
- HomeCare In-home physical, occupational, and speech therapy services delivered at patients' homes within a 15-20 mile radius of hub clinics. Serves homebound seniors and mobility-limited patients. Accepts Medicare Part A, Part B, and Medicare Advantage plans.
- Pelvic Floor Physical Therapy Specialized physical therapy addressing dysfunction in pelvic floor muscles for urinary incontinence, pelvic pain, sexual dysfunction, pelvic organ prolapse, postpartum recovery, and post-prostate surgery rehabilitation. Includes internal and external treatment techniques, biofeedback, and exercise programs.
- Chiropractic Care Non-invasive spinal manipulation and manual treatment for back pain, neck pain, sciatica, herniated discs, whiplash, headaches, and various musculoskeletal conditions. Integrated with physical therapy services at 40+ SportsMed locations.
- Acupuncture Traditional Chinese medicine approach using ultra-fine needle insertion at specific body points to stimulate the nervous system, reduce pain, modulate hormones, and improve circulation. Treats chronic pain, headaches, migraines, arthritis, sports injuries, and stress.
- Workplace Injury Rehabilitation Specialized rehabilitation program for work-related injuries and Workers' Compensation cases. Works with all major Workers' Comp insurance companies and handles all paperwork, billing insurers directly.
- Vestibular Therapy and Neurological Rehabilitation Exercise-based program promoting central nervous system compensation for inner ear deficits and vestibular problems. Treats vertigo, BPPV, vestibular neuritis, Meniere's disease, post-concussion dizziness, and balance disorders.
- Alter-G Anti-Gravity Treadmill Program Specialty rehabilitation service using the Alter-G Anti-Gravity Treadmill to enable reduced-weight-bearing exercise, aiding recovery from various conditions and injuries.
- Practice Acquisition Program Partnership opportunity for physical therapy practice owners to sell or merge their practice into the SportsMed network. Maintains practice identity while adding access to HR, clinical services, marketing, credentialing, and financial planning resources.
Quantifiable outcome
- Most patients complete care in 6-12 visits, though severe injuries may require 12-24 visits
- +3 more outcomes
Companies that use SportsMed Physical Therapy
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
SportsMed Physical Therapy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature4 records
SportsMed Physical Therapy partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor.
- The Physical Therapy and Rehabilitation Center LLCminorSportsMed acquired The Physical Therapy and Rehabilitation Center LLC, which had two clinic locations in Connecticut, expanding the total to 54 clinics.
- Mendham Physical TherapyminorSportsMed acquired Mendham Physical Therapy in Morris County, New Jersey, increasing its total clinics to 45 across New Jersey and Connecticut.
- Red Bank Physical TherapyminorSportsMed acquired Red Bank Physical Therapy in January 2024, expanding operations to 42 locations across New Jersey and Connecticut.
- Mountainside WellnessminorSportsMed acquired Mountainside Wellness, a provider of physical therapy and chiropractic services in central New Jersey, as part of the company's expansion strategy.
Scale indicators5 records
Recent moves7 records
Expansion highlights4 records
SportsMed Physical Therapy competitors and assessment
Company assessmentBroad incumbents
- ATI Physical Therapy: One of the largest US outpatient physical therapy chains with hundreds of clinics across multiple states. Directly comparable as a multi-state PT operator with multidisciplinary services, though significantly larger and more geographically diversified than SportsMed.
- U.S. Physical Therapy: NYSE-listed operator of ~670 outpatient PT clinics through majority-owned partnerships. Comparable multi-state PT roll-up model, though with a partnership/joint-venture structure rather than company-owned clinics.
- Select Medical Holdings: Public outpatient rehab and post-acute care operator with critical illness recovery and rehab hospital segments. Comparable as a multi-site outpatient rehab provider, though significantly larger and more diversified across care settings.
- Concentra Group Holdings: Public occupational health and PT/OT services provider with 500+ locations. Comparable as a multi-site outpatient therapy provider with workplace injury and Workers' Compensation focus, overlapping with SportsMed's workplace injury rehabilitation program.
Direct peers
- Ivy Rehab Network: PE-backed (Welsh Carson) outpatient PT network with 500+ clinics across the Northeast and Midwest. Highly comparable as a PE-backed, acquisition-driven multi-state PT platform with multidisciplinary services targeting similar patient segments.
- Athletico Physical Therapy: Midwest-headquartered outpatient PT/OCS/sports medicine chain with 500+ locations. Comparable specialty PT platform with orthopedic and sports medicine focus, though limited Northeast presence.
- PT Solutions: PE-backed outpatient PT network in the Southeast and Midwest with multidisciplinary services. Comparable as a growth-oriented, multi-site PT platform with specialty services.
- Benchmark Physical Therapy: Outpatient PT operator in the Southeast with multiple specialties including hand therapy and pelvic floor. Comparable as a mid-sized multi-state PT chain with similar specialty service mix.
Regional players
- Spear Physical Therapy: NYC-headquartered outpatient PT provider with multiple Manhattan and tri-state locations. Comparable as a Northeastern PT operator with similar specialty services, though smaller and NYC-focused rather than NJ/CT-based.
- Professional Physical Therapy: Northeast-based outpatient PT chain with 200+ locations across NY, NJ, CT, and MA. Direct geographic overlap in NJ and CT with comparable specialty services including hand therapy and sports rehabilitation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
SportsMed Physical Therapy social profiles
Digital presenceSportsMed Physical Therapy compliance and trust
Trust signalCompliance2 records
SportsMed Physical Therapy financial estimates
Financial estimateRevenue estimate
Valuation estimate
SportsMed Physical Therapy leadership team
Management profileNumber of profiles
Profiles19 records
SportsMed Physical Therapy subsidiaries and ownership
Company hierarchySubsidiaries4 records
SportsMed Physical Therapy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SportsMed Physical Therapy M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SportsMed Physical Therapy
What does SportsMed Physical Therapy do?
SportsMed Physical Therapy delivers one-on-one, evidence-based outpatient rehabilitation across a 55-clinic network in New Jersey and Connecticut, offering physical therapy, hand and occupational therapy, chiropractic care, acupuncture, pelvic floor therapy, vestibular and neurological rehabilitation, workplace injury programs, and Alter-G Anti-Gravity Treadmill services, plus in-home HomeCare physical, occupational, and speech therapy. Treatment is delivered by licensed specialists with advanced certifications under Direct Access rules that allow patients in NJ and CT to begin therapy without a physician's referral.
Is SportsMed Physical Therapy a public or private company?
SportsMed Physical Therapy is a private company. It is classified as private equity controlled and is currently operating.
When was SportsMed Physical Therapy founded?
SportsMed Physical Therapy was founded in 2004. It employs 101 to 250 people.
Where is SportsMed Physical Therapy based?
SportsMed Physical Therapy is headquartered in Glen Rock, United States, in the North America region.
How does SportsMed Physical Therapy make money?
Two revenue lines are on record. Outpatient Physical Therapy Services are the primary driver. The others are homeCare Services.
Who are SportsMed Physical Therapy's main competitors?
Broad incumbents on record are ATI Physical Therapy, U.S. Physical Therapy, Select Medical Holdings and Concentra Group Holdings. Direct peers are Ivy Rehab Network, Athletico Physical Therapy, PT Solutions and Benchmark Physical Therapy. Regional players are Spear Physical Therapy and Professional Physical Therapy.
Does SportsMed Physical Therapy have an API?
No public API is recorded for SportsMed Physical Therapy.
What industry is SportsMed Physical Therapy in?
SportsMed Physical Therapy's product category is Outpatient Physical Therapy & Rehabilitation Services. Its primary akta.pro industry code is HLAFAFAI, Orthopedic & Sports Rehabilitation Centers, with a secondary code of HLAKALAB, Sports Medicine. Its NAICS code is 62134 and its SIC code is 8093.