Elite PT

What Elite PT does

Elite PT, LLC is a privately-held physical therapy and sports performance practice operating five clinic locations across Delaware, organized into two regional divisions (Elite PT North in Hockessin, Middletown, and Wilmington; Elite PT South in Harbeson and Rehoboth Beach). Founded in 1993 by Amelia J. Knarr in Newport Beach, California, the practice relocated to Delaware in 2007 and has since expanded to full state coverage. The clinical offering is built around manual therapy as the foundational modality, augmented by specialized services including sports physical therapy with VALD Performance assessment technology (NordBoard and ForceDecks), Alter-G anti-gravity treadmill rehabilitation, dry needling, Graston technique, cupping, active release therapy, blood flow restriction training, shockwave/EPAT therapy, pelvic floor therapy, vestibular and concussion rehabilitation, TPI-certified golf performance, and therapeutic massage at the Rehoboth Beach location.

The business model is direct-to-consumer healthcare revenue generation through insurance-reimbursed physical therapy evaluations and treatment sessions (in-network with Medicare and Blue Cross Blue Shield, out-of-network for many commercial plans) supplemented by self-pay cash services including dry needling supply fees, shockwave therapy, therapeutic massage, and sports performance training. Patients access care through WebPT online booking or direct phone scheduling, with one-hour initial evaluations and follow-up sessions structured as 30 minutes of 1-on-1 licensed therapist care plus 30 minutes of guided training with a PT technician. The customer base spans professional, collegiate, and recreational athletes, post-surgical orthopedic patients, pelvic health patients, vestibular and balance disorder patients, golfers, and general rehabilitation patients aged 7 and above.

The practice is differentiated by an unusually credentialed clinical team that includes board-certified Sports Clinical Specialists (SCS), Orthopaedic Clinical Specialists (OCS), Fellows of the American Academy of Orthopaedic Manual Physical Therapists (FAAOMPT), and TPI-certified golf specialists, with several therapists holding prior experience at professional sports organizations (Seattle Seahawks, Cleveland Guardians, Philadelphia Union MLS) and U.S. national team medical staff. Elite PT is privately held under a single LLC entity with three partners (Amelia Knarr as Managing Partner, Mark Szaroleta as Junior Partner since 2020, and Simranjeet Kaur as Junior Partner since 2024). No external institutional investment has been disclosed.

Name

Elite PT

Legal name

Elite PT, LLC

Website

https://elitept.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Elite PT is a privately-held, five-location physical therapy and sports performance practice across Delaware, serving athletes, orthopedic patients, and general rehabilitation patients with manual therapy, sports rehab, and specialized modalities like VALD assessment and Alter-G.

Ownership category

akta.pro rank

Product category

Outpatient Physical Therapy Services

NAICS

Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134), Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340), Fitness and Recreational Sports Centers (713940)

SIC

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

akta.pro primary industry

Orthopedic & Sports Rehabilitation Centers (HLAFAFAI)

akta.pro secondary industries

Sports Physical Therapy & Return-to-Play Rehab (HSADAIAB), Sports Rehabilitation, Return-to-Play & Performance Therapy Centers (MPAKAJAO), Rehabilitation Therapy Equipment (PT/OT Modalities, Exercise & Balance Devices) (HLAHAMAG)

Keywords

• Outpatient physical therapy
• Sports injury rehabilitation
• Manual therapy services
• Orthopedic physical therapy
• Vestibular and concussion therapy

Headquarters

HQ city

Rehoboth Beach

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Physical Therapy Services: Elite PT generates revenue primarily through physical therapy evaluation and treatment sessions. Initial evaluations are one hour with the physical therapist; follow-up sessions include 30 minutes of 1-on-1 care plus 30 minutes of guided training with a PT technician. The company accepts insurance (Medicare, Blue Cross Blue Shield) and offers self-pay rates for uninsured patients or those preferring to pay out-of-pocket.
2. Sports Performance Services (Self-Pay): Non-insurance-covered services including therapeutic massage ($80 for 40 minutes, $120 for 55 minutes) and sports performance training. These cash-pay services provide additional revenue streams and are available at the Rehoboth Beach location.
3. Dry Needling (Additional Copay): Dry needling is not covered by insurance and requires out-of-pocket payment in addition to regular physical therapy copay. The company charges a supply fee for each dry needling session. Doctor prescriptions specifically stating the need for dry needling are required.
4. Shockwave Therapy (Self-Pay): Shockwave therapy is not currently covered by insurance and is offered as a self-pay service. Patients receive a series of 3-5 sessions spaced 5-10 days apart, with pricing discussed during consultation.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Elite PT operates five physical therapy clinic locations across Delaware delivering hands-on manual therapy, sports injury rehabilitation, orthopedic post-surgical recovery, vestibular and concussion rehabilitation, pelvic floor therapy, and golf performance optimization. Treatments are delivered one-on-one by licensed physical therapists using advanced modalities such as VALD Performance assessment technology, Alter-G anti-gravity treadmill, dry needling, shockwave therapy (EPAT), blood flow restriction training, active release therapy, cupping, and therapeutic massage.

Product overview

Elite PT operates as a physical therapy and sports performance practice with two regional divisions (North and South) serving 5 locations across Delaware. The core offering is Manual Physical Therapy as the foundational hands-on treatment approach, supplemented by specialized services including Sports Physical Therapy and Recovery (featuring VALD Performance assessment technologies), Pelvic Floor Physical Therapy, Vestibular Therapy and Concussion Treatment, Golf Performance and Injury Prevention (TPI-certified), and the Alter-G Anti-Gravity Treadmill for low-impact rehabilitation. Additional therapeutic modalities include Dry Needling, Shockwave Therapy, Active Release Therapy, Cupping, and Blood Flow Restriction Training. The South region also offers Therapeutic Massage for sports recovery. Services are primarily delivered through in-person clinic visits with appointment scheduling via WebPT platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Manual Physical Therapy Hands-on therapeutic approach utilizing skilled techniques including joint mobilization, dry needling, active release therapy, cupping, and Graston Technique to assess and treat soft tissues and joint structures for pain modulation, increased range of motion, and improved function. For patients seeking non-pharmacological pain management and mobility restoration.
• Sports Physical Therapy and Recovery Comprehensive athletic care combining injury assessment, rehabilitation, and performance enhancement using VALD Performance technologies (NordBoard, ForceDecks), stretching, flexibility training, and sport-specific conditioning for athletes of all levels. For professional, collegiate, and recreational athletes.
• Pelvic Floor Physical Therapy Specialized physical therapy focusing on evaluation and treatment of pelvic floor muscles to address pelvic pain, bladder/bowel dysfunction, diastasis recti, prolapse, and prenatal/postpartum care through external and internal evaluations and customized treatment plans. For individuals with pelvic floor dysfunction.
• Vestibular Therapy and Concussion Treatment Specialized therapy for vertigo, balance disorders, and concussion rehabilitation using gaze stabilization exercises, balance training, repositioning maneuvers (Epley/Semont techniques), ocular-motor exercises, and graded exercise therapy. For individuals experiencing dizziness, vertigo, BPPV, post-concussive syndrome, cervicogenic dizziness, and fall risk.
• Golf Performance and Injury Prevention TPI-certified golf assessment program evaluating biomechanical and muscular attributes to prevent injuries and enhance golf performance through postural assessment, mobility screening, swing mechanics evaluation, and personalized intervention strategies. For golfers of all skill levels.
• Alter-G Anti-Gravity Treadmill NASA-developed anti-gravity treadmill using differential air pressure technology to reduce body weight by up to 80%, enabling low-impact rehabilitation for sports injuries, post-operative recovery, arthritis management, and gait training. Available at Hockessin and Wilmington locations.
• Dry Needling Evidence-based technique involving insertion of thin monofilament needles into myofascial trigger points to release muscle tension, improve blood flow, reduce inflammation, and restore proper muscle function for various musculoskeletal conditions. Requires out-of-pocket supply fee per session in addition to regular PT copay.
• Shockwave Therapy Non-invasive treatment using high-energy acoustic waves (EPAT technology) to stimulate natural healing processes, promote blood flow, reduce inflammation, and encourage tissue regeneration for chronic musculoskeletal conditions including plantar fasciitis, tendinopathies, and chronic muscle pain. Self-pay service delivered in a series of 3-5 sessions.
• Active Release Therapy Movement-based soft tissue treatment technique for muscles, tendons, ligaments, fascia, and nerves designed to treat acute, chronic, overuse, and repetitive strain injuries by normalizing physiological function.
• Cupping Treatment technique that increases blood flow and decreases muscle tension in soft tissue or joint restrictions, capable of being coupled with functional movements for quicker restoration of normal movement patterns with less pain.
• Blood Flow Restriction Training (BFR) Cutting-edge technique using cuffs to restrict blood flow during exercise, enabling significant muscle gains and strength maintenance while minimizing heavy lifting volume, valuable during competitive periods for athletes. Offered at the Harbeson (Milton) location.
• Therapeutic Massage Sports recovery service focusing on 2-3 specific muscle groups tailored to individual needs, available at Rehoboth Beach location, designed to alleviate tension, improve circulation, and enhance muscle function. Priced at $80 for 40 minutes and $120 for 55 minutes.

Quantifiable outcome

• Most patients experience significant vertigo improvement or full resolution in just a few sessions with repositioning maneuvers
• +2 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Pivot Physical Therapy: Mid-Atlantic and Southeast outpatient PT provider with strong sports medicine and orthopedic offerings. Comparable service mix to Elite PT and operates in overlapping geographies along the East Coast.
• FYZICAL Therapy & Balance Centers: Franchised PT network with a particularly strong vestibular and balance disorder focus. Directly comparable to Elite PT's vestibular therapy specialty line and serves as a model for scaling niche balance-focused services.
• Professional Physical Therapy: Northeast-based outpatient PT practice with comparable orthopedic, sports, and manual therapy services. Similar multi-clinic operating model to Elite PT with overlapping regional footprint in the Mid-Atlantic.
• Drayer Physical Therapy Institute: Multi-state outpatient PT operator emphasizing orthopedic and sports rehabilitation with community-based clinics. Comparable operating model and patient mix to Elite PT, but operates across several states rather than a single state.
• Athletico Physical Therapy: National outpatient PT chain with a strong orthopedic and sports rehabilitation emphasis and advanced technology deployments (Alter-G, force plates). Closely matches Elite PT's sports/orthopedic/manual therapy focus and use of premium rehab modalities.
• Ivy Rehab Network: Multi-site outpatient PT platform with strong sports and orthopedic focus across the Mid-Atlantic and Northeast. Directly comparable to Elite PT in service mix (manual therapy, sports PT, vestibular) and multi-clinic operating model, but with significantly greater geographic scale.

Broad incumbents

• Select Physical Therapy (Select Medical): Outpatient PT division of Select Medical, one of the largest US post-acute and rehab providers. Comparable on core orthopedic and sports PT offerings but with significantly broader portfolio, scale, and capital base than Elite PT.
• ATI Physical Therapy: One of the largest US outpatient PT providers offering orthopedic, sports, and work-related injury services. Comparable on core service mix but operates at much greater scale, with broader geographic reach and stronger payer negotiating leverage than Elite PT.

Emerging players

• BenchMark Physical Therapy: Outpatient PT provider with a focus on manual therapy and orthopedic care across multiple states. Similar service mix to Elite PT but with an emerging-platform profile and broader multi-state reach.

Others

• TPI (Titleist Performance Institute): Industry body that certifies clinicians in golf-specific physical assessment and conditioning. Not a competitor, but Elite PT's TPI-certified golf performance offering is built on TPI's certification framework, making TPI a relevant ecosystem partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/elitept_rb

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Elite PT