Health Facilities Rehab

What Health Facilities Rehab does

Health Facilities Rehab is a privately held, multi-disciplinary rehabilitation services provider headquartered in Sikeston, Missouri, operating across three locations in Southeast Missouri (the main outpatient center at 1102 Sikes Avenue, a Portageville clinic, and a dedicated aquatic therapy facility at 103 Kennedy Drive). Founded in 1994 under President Thomas Richey, PT, the company delivers physical therapy, occupational therapy, speech-language pathology, aquatic therapy (anchored by a HydroWorx 500 Series therapeutic pool with underwater treadmill and camera system), women's health, sports medicine, and industrial/WorkSTEPS employment testing. A team of over 100 licensed and registered therapists serves individual outpatients, 31+ nursing home facilities, Southeast Missouri high school athletic programs, and employer clients, with the Director of Outpatient Therapy (Scott Nichols, DPT, ATC, CSCS) overseeing clinical operations across all service lines.

The business operates primarily on a fee-for-service professional services model, billing per therapy session for clinical services and generating supplementary subscription revenue from fitness memberships ($25-$45 individual/couple/family/senior tiers) and unit-priced functional fitness sessions ($25 per session, 8-session minimum). An additional value-add is the free fitness membership offered to therapy patients after discharge, which functions as a retention and referral lever. Distribution is direct via physician referrals (the primary intake channel), nursing home contracts, employer agreements under WorkSTEPS, and school district partnerships for sports medicine coverage. A patient portal launched in October 2022 provides digital scheduling, form completion, and bill pay capability, representing the company's principal technology investment beyond clinical equipment.

Growth is organic and locally focused: the company has expanded its service portfolio incrementally since 1994, adding women's health (2014), functional fitness, and dedicated aquatic therapy without geographic expansion beyond Southeast Missouri. No funding rounds, acquisitions, or parent company relationships are disclosed. Leadership is long-tenured and founder-led, with Richey serving as President since 1994 and Nichols leading outpatient operations since 2006. The model is operationally stable and integrated across multiple therapy disciplines within a defined regional catchment area, with revenue diversified across individual, institutional, employer, and education channels.

Name

Health Facilities Rehab

Legal name

Health Facilities Rehab

Website

https://hfrehab.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Health Facilities Rehab is a privately held, multi-disciplinary outpatient rehabilitation provider in Southeast Missouri operating three clinic locations with 100+ licensed therapists serving individual patients, 31+ nursing homes, high school athletics, and employer clients via PT, OT, SLP, aquatic, women's health, and WorkSTEPS industrial services.

Ownership category

akta.pro rank

Product category

Outpatient Rehabilitation Services

NAICS

Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134), Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340)

SIC

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

akta.pro industry

PRIMARYHLAFABAB

Outpatient Rehabilitation & Physical/Occupational/Speech Therapy Centers

Healthcare & Life Sciences/Healthcare Providers & Systems/Ambulatory & Outpatient Care Centers

SECONDARYHLADAJAG

Multidisciplinary Outpatient Rehab Centers (PT/OT/SLP)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Rehabilitation & Post-Acute Care Centers (Inpatient/Outpatient)

SECONDARYHLAFAFAI

Orthopedic & Sports Rehabilitation Centers

Healthcare & Life Sciences/Healthcare Providers & Systems/Post-Acute Care & Rehabilitation Facilities

Keywords

• Rehabilitation therapy services
• Physical therapy
• Occupational therapy
• Speech language pathology
• Aquatic therapy programs

Headquarters

HQ city

New Madrid

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Outpatient Therapy Services: Professional physical therapy, occupational therapy, speech-language pathology services billed per session or treatment course. Services provided at outpatient center and via nursing home contracts.
2. Fitness and Personal Training Memberships: Individual, couple, and family memberships with no contract, pay-as-you-go model. Therapy patients receive free fitness after treatment ends.
3. Industrial Medicine and Employment Testing: WorkSTEPS program, ergonomic analysis, return-to-work consulting, pre- and post-offer employment testing, functional rehabilitation, work hardening, and functional capacity evaluation services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Health Facilities Rehab provides multi-disciplinary outpatient rehabilitation services centered on a Sikeston, MO clinic, delivering physical therapy, occupational therapy, and speech-language pathology to individual patients. Beyond the outpatient center, the company supplies contracted therapy staffing to 31+ nursing homes, WorkSTEPS employment testing and industrial medicine to employer clients, aquatic therapy in a HydroWorx 500 Series pool, women's health and sports medicine programs, and a fitness/personal-training membership offering.

Product overview

Health Facilities Rehab operates as a multi-disciplinary rehabilitation services provider offering a comprehensive portfolio of therapy services centered around its core outpatient clinic in Sikeston, MO. The company delivers physical therapy, occupational therapy, and speech-language pathology as its primary service lines, complemented by specialized offerings including aquatic therapy, women's health, sports medicine, and industrial medicine/WorkSTEPS programs. The portfolio also includes adjacent wellness services (functional fitness and personal training) that extend beyond traditional rehabilitation into general health maintenance. A patient portal provides digital self-service access for scheduling, billing, and documentation. Services are delivered across three locations (Sikeston, Portageville, and an aquatic therapy center) by a team of over 100 licensed therapists serving both outpatient clients and 31+ nursing home facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Physical Therapy Evaluation, assessment, and treatment of individuals with functional mobility limitations, including dry needling, gait training, splinting, traction, back education, spine stabilization, and TENS unit evaluation. Delivered by licensed physical therapists to adult and pediatric patients referred by physicians.
• Occupational Therapy Assessment and treatment to develop, recover, or maintain daily living and work skills for individuals with physical, mental, or cognitive disorders. Includes hand therapy, lymphedema management, joint replacement therapy, and functional mobility training. Delivered by licensed occupational therapists and assistants.
• Speech-Language Pathology Evaluation and treatment of communication disorders and swallowing disorders. Services include articulation/speech therapy, dysphagia treatment, voice treatment, aphasia treatment, and lymphedema management. Provided by licensed speech-language pathologists.
• Aquatic Therapy Therapy delivered in warm water to lessen pain from arthritis, fibromyalgia, and spinal/joint injuries. Uses the HydroWorx 500 Series therapeutic pool with variable-speed underwater treadmill, underwater camera system for progress monitoring, adjustable jets for resistance training and muscle strengthening, and hydro massage. Provided at the dedicated 103 Kennedy Drive, Sikeston, MO aquatic therapy facility.
• Women's Health Therapy Treatment and diagnosis of conditions affecting women's physical and emotional well-being throughout the lifespan, including musculoskeletal pain, urinary/bowel dysfunction, pelvic pain, post-surgical pain, and sexual dysfunction. Provided by physical therapists with Women's Health Specialization.
• Sports Medicine Prevention, diagnosis, assessment, treatment, and rehabilitation of muscle, nerve, and bone injuries for athletes, including free injury assessments, school visits, game coverage, and NATA/BOC certified athletic trainers serving Southeast Missouri high schools.
• WorkSTEPS and Industrial Medicine Certified WorkSTEPS employment testing and workplace injury management for employer clients. Includes comprehensive musculoskeletal evaluation, cardiovascular assessment, static and dynamic strength evaluation, isokinetic assessments, ergonomic analysis, return-to-work consulting, and functional capacity evaluation. Conforms to EEOC Guidelines for ADA application.
• Functional Fitness Program Program for individuals completing physical therapy who have not reached desired pre-injury performance, or those wanting to improve functional abilities. Sessions are led by licensed professionals at $25 per session with a minimum 8-session commitment, varying based on medical necessity.
• Fitness and Personal Training Memberships General fitness program with individual ($30), couple ($40), family ($45), senior individual (55+, $25), and senior couple (55+, $35) memberships. No contract required, pay-as-you-go model. Therapy patients receive free fitness after treatment ends.

Quantifiable outcome

• Free injury assessment for sports medicine patients
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• WorkSTEPScoreTechnology or IntegrationWorkSTEPS Program was developed in response to industry's need for reliable, medically/legally defensible employment testing programs which could effectively reduce workplace injury incidence and costs. The program conforms fully to EEOC Guidelines for ADA application. Health Facilities Rehab has certified WorkSTEPS clinicians providing comprehensive employment testing services.
• National Strength Conditioning Association (NSCA)minorOthersProfessional association providing resources and certification for strength and conditioning specialists. Scott Nichols, Director of Outpatient Therapy, is a Certified Strength and Conditioning Specialist (CSCS) member.
• National Athletics Training Association (NATA)minorOthersProfessional association for athletic trainers. Health Facilities Rehab employs NATA/BOC certified athletic trainers serving Southeast Missouri high schools.
• HydroWorxcoreTechnology or IntegrationHydroWorx 500 Series therapeutic pool manufacturer. The aquatic therapy center features variable speed underwater treadmill, underwater camera system, controlled water and room temperature, patient lift, high powered jets, and hydro massage system.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Spooner Physical Therapy: Outpatient PT provider with aquatic therapy, sports medicine, and women's health service lines. Directly comparable to HF Rehab on the combination of aquatic therapy and women's health specialties.
• CORA Physical Therapy: Multi-state outpatient PT operator offering PT/OT, sports medicine, and industrial/workers' comp services. Closely comparable service mix to HF Rehab, especially its industrial medicine and outpatient rehab combination.
• Athletico Physical Therapy (now BAYADA): National outpatient orthopedic and sports physical therapy provider. Directly comparable on PT/OT services, sports medicine coverage, and specialty programs like aquatic therapy and industrial rehabilitation.
• ApexNetwork Physical Therapy: Mid-sized outpatient PT chain with multi-state footprint offering PT/OT, sports medicine, and industrial rehab. Closely comparable in service breadth and clinic-scale economics to HF Rehab.

Broad incumbents

• ATI Physical Therapy: One of the largest U.S. outpatient physical therapy chains operating across multiple states with a broad PT/OT/SPT service portfolio. Comparable to HF Rehab in core service mix (PT/OT/SLP) but at vastly greater scale and geographic reach.
• U.S. Physical Therapy: Public operator of outpatient physical therapy clinics and industrial injury prevention services. Comparable to HF Rehab across both its outpatient therapy operations and its WorkSTEPS-style industrial/occupational health offerings.
• Select Medical / Concentra: Large national operator of outpatient rehab clinics and occupational health centers through its Concentra subsidiary. Directly comparable to HF Rehab's combination of therapy services and employer-focused industrial medicine.

Regional players

• SSM Health Physical Therapy: Hospital-affiliated outpatient PT network concentrated in the Midwest, including Missouri. Overlaps directly with HF Rehab on outpatient PT/OT services and represents the most realistic in-region competitive threat.

Others

• HydroWorx: Manufacturer of the HydroWorx 500 Series therapeutic pool installed at HF Rehab. Comparable as an ecosystem partner and as a proxy for other aquatic therapy-equipped rehab clinics in the broader market.
• WorkSTEPS: Provider of the WorkSTEPS employment testing and functional capacity evaluation program that HF Rehab's clinicians are certified in. Comparable as a partner and as a proxy for industrial medicine/FCE service line economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hfrehab
• Facebookfacebook.com/hfrehab

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Health Facilities Rehab