PREFERRED Therapy Providers
PREFERRED Therapy Providers is a Phoenix-based payor management network founded in 1992 that connects physical, occupational, and speech therapy practices with health payors through a recurring membership model, offering payor contract access, credentialing, and administrative support.
- Company typePrivate
- Founded1992
- HeadquartersPhoenix, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What PREFERRED Therapy Providers does
PREFERRED Therapy Providers, Inc. is a Phoenix, Arizona-based payor management services network founded in 1992 that operates a two-sided membership platform connecting physical, occupational, and speech-language therapy practices (PTs, OTs, SLPs) with health payors. On the provider side, the company recruits private therapy practices into its network, charging annual membership fees in exchange for access to a portfolio of negotiated payor contracts, credentialing support via the CAQH ProView platform, fast-tracked clinic enrollment, regulatory and compliance monitoring (including OIG/SAM exclusion list checks), claims dispute and appeal assistance, regular contract reviews, and practice growth tools such as marketing templates, webinars, and vendor recommendations with negotiated discounts. On the payor side, PREFERRED markets its credentialed provider roster to health insurance companies, HMOs, PPOs, ACOs, self-insured employers, third-party administrators, workers' compensation carriers, auto insurance carriers, and specialty networks seeking to expand their therapy provider networks.
The business operates with 11-50 employees under a subscription-based recurring revenue model. Its underlying technology stack is relatively lean: the core operational tool is CAQH ProView, a third-party credentialing platform used by over 1.6 million healthcare providers nationally, which PREFERRED has integrated to streamline enrollment and re-credentialing for member clinics and eliminate redundant data entry. Beyond this, the company relies on standard web infrastructure (WordPress-hosted site), social media channels (Facebook, LinkedIn, Twitter), email newsletters, and a toll-free contact center. No proprietary software products, SaaS modules, or branded technology platforms were identified.
PREFERRED has been led by Steven Allred as President, with a small management team including Debbie Rutherford (Contracting & Network Development Manager), Fran George-Kennard (Network Recruitment Manager), and operational staff for credentialing, provider recruitment, and project management. The company has operated independently as a privately-held corporation for over 30 years with no disclosed institutional investors, parent company, funding rounds, acquisitions, or leadership transitions. Its geographic footprint is national, with team members spanning from Texas to the Pacific Northwest, though the actual scale of its provider and payor rosters is not transparently disclosed (the website displays a "100+ Practices" metric alongside dynamic counters that show 0 providers and 0 payor plans).
PREFERRED Therapy Providers firmographics
Firmographics- Name
- PREFERRED Therapy Providers
- Legal name
- Preferred Therapy Providers, Inc.
- Website
- https://preferredtherapy.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PREFERRED Therapy Providers is a Phoenix-based payor management network founded in 1992 that connects physical, occupational, and speech therapy practices with health payors through a recurring membership model, offering payor contract access, credentialing, and administrative support.
- Ownership category
- akta.pro rank
PREFERRED Therapy Providers industry classification
Industry- NAICS
- Offices of Other Health Practitioners (6213), Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Health Services (8000)
- akta.pro primary industry
- Allied Health & Rehab Referral Platforms (PT/OT/SLP) (HLALALAI)
Keywords
Where PREFERRED Therapy Providers is headquartered
LocationHeadquarters
- HQ city
- Phoenix
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PREFERRED Therapy Providers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Provider Network Membership: PREFERRED generates revenue through membership fees charged to physical, occupational, and speech therapy practices that join their provider network. Members gain access to negotiated payor contracts, credentialing services, and administrative support in exchange for membership fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Provider membership |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
PREFERRED Therapy Providers product offering
Product offeringCore offering
PREFERRED Therapy Providers is a membership-based payor management network that connects physical, occupational, and speech-language therapy practices with negotiated local, regional, and national payor contracts. Members pay annual fees to access contract negotiation, fast-tracked credentialing and enrollment, compliance monitoring, claims dispute support, and practice growth resources. The company also recruits health payors to expand its therapy provider network.
Product overview
PREFERRED Therapy Providers operates as a provider network management organization, not a traditional software product company. The organization connects physical, occupational, and speech therapists with payor contracts through a membership-based model. Services include payor contract negotiation and management, provider credentialing, claims dispute resolution, and administrative support tools. No discrete branded software products, modules, or SaaS offerings were identified in the provided source material.
Differentiator
Problem solved
Functional benefit
Companies that use PREFERRED Therapy Providers
Customer profileSegments2 records
PREFERRED Therapy Providers technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PREFERRED Therapy Providers partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CAQHcoreCAQH ProView is a trusted source for self-reported provider data used by more than 1.6 million healthcare providers nationwide. PREFERRED has integrated with CAQH to streamline provider credentialing and re-credentialing processes for their member clinics. The CAQH platform serves as the primary credentialing tool, eliminating redundant data entry and simplifying administrative workflows.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
PREFERRED Therapy Providers competitors and assessment
Company assessmentDirect peers
- WebPT: WebPT is a leading EMR and practice management platform built specifically for physical, occupational, and speech therapists — PREFERRED's core customer base. While WebPT focuses on software, it increasingly offers payor-related services and competes for the same wallet share from therapy practices.
- Clinicient: Clinicient (now part of Tegria) offers EMR, billing, and practice management solutions for outpatient rehabilitation therapy practices. It competes with PREFERRED for therapy practice customers seeking to streamline administrative operations.
- BMS Practice Solutions: BMS Practice Solutions provides billing, credentialing, and practice management services for therapy providers. It competes directly with PREFERRED on the credentialing and administrative services side of the value proposition for PT/OT/SLP practices.
- Net Health (Therapy Brands): Net Health owns Therapy Brands and other rehab-focused practice management suites serving PT/OT/SLP clinics. It competes with PREFERRED for the same therapy practice customers, offering EMR, billing, and increasingly network/contract services.
- Raintree Systems: Raintree provides EMR and practice management software for rehabilitation therapy providers, including PT/OT/SLP practices. It targets the same customer segment as PREFERRED and offers comparable administrative support tooling that overlaps with PREFERRED's credentialing and contract management.
- HENO: HENO is a modern, cloud-based practice management platform purpose-built for physical therapy and rehab practices. It serves the same PT/OT/SLP customer base as PREFERRED with billing, scheduling, and increasingly network-adjacent features.
Others
- Zocdoc: Zocdoc operates a healthcare marketplace that connects patients to providers including therapists. While not a payor network in PREFERRED's sense, it represents a platform-based model connecting allied health providers to demand-side participants, conceptually adjacent to PREFERRED's network intermediary role.
Broad incumbents
- Office Ally: Office Ally offers healthcare administrative services including credentialing, payer enrollment, and practice management tooling. It overlaps with PREFERRED's enrollment and administrative support services, though it serves a broader medical audience beyond rehab therapy.
- Centauri Health Solutions: Centauri provides payor services including provider network management, eligibility, and revenue cycle solutions across multiple healthcare verticals. It is a broader incumbent that overlaps with PREFERRED's payor-contracting and provider-enrollment capabilities at greater scale.
Emerging players
- Prompt Health: Prompt Health is an emerging practice management and patient engagement platform targeting physical therapy clinics. While smaller and earlier-stage than PREFERRED, it represents a tech-forward competitor for the same therapy practice customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
PREFERRED Therapy Providers social profiles
Digital presencePREFERRED Therapy Providers financial estimates
Financial estimateRevenue estimate
Valuation estimate
PREFERRED Therapy Providers leadership team
Management profileNumber of profiles
PREFERRED Therapy Providers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PREFERRED Therapy Providers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PREFERRED Therapy Providers
What does PREFERRED Therapy Providers do?
PREFERRED Therapy Providers is a membership-based payor management network that connects physical, occupational, and speech-language therapy practices with negotiated local, regional, and national payor contracts. Members pay annual fees to access contract negotiation, fast-tracked credentialing and enrollment, compliance monitoring, claims dispute support, and practice growth resources. The company also recruits health payors to expand its therapy provider network.
Is PREFERRED Therapy Providers a public or private company?
PREFERRED Therapy Providers is a private company. It is currently operating.
When was PREFERRED Therapy Providers founded?
PREFERRED Therapy Providers was founded in 1992. It employs 11 to 50 people.
Where is PREFERRED Therapy Providers based?
PREFERRED Therapy Providers is headquartered in Phoenix, United States, in the North America region.
How does PREFERRED Therapy Providers make money?
One revenue line is on record: provider Network Membership.
Who are PREFERRED Therapy Providers's main competitors?
Direct peers on record are WebPT, Clinicient, BMS Practice Solutions, Net Health (Therapy Brands), Raintree Systems and HENO. Zocdoc is listed as an others. Broad incumbents are Office Ally and Centauri Health Solutions. Prompt Health is listed as an emerging player.
Does PREFERRED Therapy Providers have an API?
No public API is recorded for PREFERRED Therapy Providers.
What industry is PREFERRED Therapy Providers in?
Its primary akta.pro industry code is HLALALAI, Allied Health & Rehab Referral Platforms (PT/OT/SLP). Its NAICS code is 6213 and its SIC code is 6411.