Commonwealth Hand & Physical Therapy
Commonwealth Hand & Physical Therapy is a privately held Kentucky-based outpatient rehabilitation practice operating seven clinic locations delivering physical, occupational, and hand therapy—including amputation rehabilitation and workers' compensation programs—serving Central and Eastern Kentucky as a Confluent Health member practice.
- Company typePrivate
- Founded2002
- HeadquartersLexington, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Commonwealth Hand & Physical Therapy does
Commonwealth Hand & Physical Therapy is a privately held outpatient rehabilitation practice operating seven clinic locations across Central and Eastern Kentucky. Founded in 2002 by Greg Pitts under the original name Kentucky Hand & Physical Therapy, the practice delivers physical therapy, occupational therapy, and specialized hand therapy through credentialed clinicians including Certified Hand Therapists, Board Certified Orthopedic Clinical Specialists, Certified Orthopedic Manual Therapists, and a Fellow of the American Academy of Orthopedic Manual Physical Therapists. The clinical portfolio spans upper extremity rehabilitation, orthopedic care, amputation rehabilitation, dry needling, LSVT BIG for Parkinson's disease, custom orthotic fabrication, Matheson-based Functional Capacity Evaluations, and a multidisciplinary Early Return-to-Work Program for workers' compensation cases. The practice self-reports ranking in the top 5% nationally in functional outcomes for both physical therapy and hand therapy services.
The business operates on an insurance-billed fee-for-service model supplemented by self-pay options for non-referred services. Revenue is generated through standard insurance claims—including Medicare and most major carriers—plus direct payments, with patient acquisition driven by physician referral networks, community reputation, phone and online appointment scheduling, and organic social-media engagement. Clinical visits typically run 60–90 minutes at a cadence of roughly three visits per week, with extended early-morning and evening hours at select locations. The clinical staff of approximately 43 personnel serves both individual patients and employer-sponsored cases across the seven-site footprint.
The practice functions as a member of the Confluent Health family of companies, accessing parent-organization infrastructure including Evidence In Motion professional development, the Academy of Clinical Excellence Program, student loan reimbursement, and 401(k) matching. Active research and student-clerkship partnerships with three Kentucky universities—University of Kentucky, Eastern Kentucky University, and Spalding University—support a clinical pipeline of up to 25 interns annually, with Tim Uhl, PhD, of the University of Kentucky serving as an affiliated research collaborator. Notable enterprise relationships include an on-site therapist at Toyota Motor Manufacturing Kentucky's acute care clinic and a collaborative prosthetic-services partnership with Kenny Orthopedics for amputation cases. The practice also operates an online retail store for therapy-related products, extending beyond pure clinical service revenue.
Commonwealth Hand & Physical Therapy firmographics
Firmographics- Name
- Commonwealth Hand & Physical Therapy
- Legal name
- Commonwealth Hand Therapy, LLC
- Website
- https://commonwealthhandtherapy.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Commonwealth Hand & Physical Therapy is a privately held Kentucky-based outpatient rehabilitation practice operating seven clinic locations delivering physical, occupational, and hand therapy—including amputation rehabilitation and workers' compensation programs—serving Central and Eastern Kentucky as a Confluent Health member practice.
- Ownership category
- akta.pro rank
Commonwealth Hand & Physical Therapy industry classification
Industry- Product category
- Outpatient Rehabilitation Services
- NAICS
- Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134)
- SIC
- Services-Specialty Outpatient Facilities, Nec (8093)
- akta.pro primary industry
- Outpatient Rehabilitation & Physical/Occupational/Speech Therapy Centers (HLAFABAB)
- akta.pro secondary industries
- Multidisciplinary Outpatient Rehab Centers (PT/OT/SLP) (HLADAJAG), Orthopedic & Post-Surgical Rehabilitation Centers (HLADAJAI), Hand & Upper Extremity Therapy (OT/CHT) (HSADAIAH), Neurologic Rehabilitation (Stroke, TBI, Parkinson’s, MS) (HSADAIAC)
Keywords
Where Commonwealth Hand & Physical Therapy is headquartered
LocationHeadquarters
- HQ city
- Lexington
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Commonwealth Hand & Physical Therapy business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Insurance-Billed Therapy Services: The majority of revenue is generated through billed therapy services covered by health insurance plans. The practice participates in the majority of major health insurance plans including Medicare and Worker's Compensation. They file claims with insurance companies on behalf of patients.
- Self-Pay / Out-of-Pocket Services: The practice offers treatments, services, and products that do NOT require a physician referral and are available on a self-pay basis, providing an out-of-pocket revenue stream for patients without insurance coverage or those choosing to pay directly.
- Workers' Compensation Services: The practice accepts Worker's Compensation cases and works with employers, adjusters, and rehab nurses for injured employee rehabilitation, including the Early Return-to-Work Program, functional capacity evaluations, and ergonomic assessments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Standard therapy visit (insurance-billed) |
| Other | Pay-as-you-go | Self-pay / direct pay options |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
Commonwealth Hand & Physical Therapy product offering
Product offeringCore offering
Commonwealth Hand & Physical Therapy operates outpatient rehabilitation clinics that deliver physical therapy, occupational therapy, and hand therapy services, with specialty programs in upper-extremity amputation rehabilitation, dry needling, LSVT BIG for Parkinson's disease, custom orthotic fabrication, early return-to-work conditioning, and Matheson System Functional Capacity Evaluations. Services are delivered across seven Kentucky clinic locations via one-on-one treatment plans by board-certified therapists, supported by insurance billing, workers' compensation case management, and a self-pay option.
Product overview
Commonwealth Hand & Physical Therapy operates as a healthcare services practice offering a unified portfolio of rehabilitation services across 7 Kentucky locations. The core offerings include Physical Therapy, Occupational Therapy, and Hand Therapy as primary service lines, supplemented by specialized programs including Amputation Rehabilitation, Dry Needling, Early Return to Work Program, and Functional Capacity Evaluations. An Online Store provides access to therapy-related products. The practice positions itself as a regional rehabilitation center serving Central and Eastern Kentucky, providing training for up to 25 interns per year and conducting active research with university partners.
Differentiator
Problem solved
Functional benefit
Products and services
- Physical Therapy
Quantifiable outcome
- Top 5% in functional outcomes across the nation in both physical therapy and hand therapy
- +1 more outcomes
Companies that use Commonwealth Hand & Physical Therapy
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Commonwealth Hand & Physical Therapy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Commonwealth Hand & Physical Therapy partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Kenny OrthopedicscoreCollaborative partnership for prosthetic services for patients recovering from upper extremity amputations. Commonwealth's multidisciplinary team of Occupational, Physical, and Certified Hand Therapists works with Kenny Orthopedics to provide comprehensive, global care for individuals recovering from finger/partial hand, wrist, at or below elbow, above elbow, and shoulder amputations.
- AgrabilityminorPartnership with Agrability to help individuals working in agriculture continue their work following injury, providing specialized rehabilitation support for agricultural workers with upper extremity injuries.
- Toyota Motor Manufacturing Kentucky (TMMK)coreRyan Foister, Certified Hand Therapist, serves on site at Toyota Motor Manufacturing Kentucky's acute care clinic. Services include Functional Capacity Evaluations (FCEs), ergonomic evaluations, post-offer/pre-employment testing, job analyses, and preventative programs. This is the lead hand therapist's primary clinical assignment.
- Confluent HealthcoreCommonwealth Hand & Physical Therapy is a member of the Confluent Health family of physical therapy and occupational therapy companies. Confluent Health provides infrastructure including professional development programs through Evidence In Motion (EIM), student loan reimbursement, 401(k) matching, stock appreciation rights, and the Academy of Clinical Excellence Program (ACE). Confluent Health has more board-certified therapists than any other PT company in the United States.
- Eastern Kentucky UniversitycoreActive research partnership with Eastern Kentucky University. Commonwealth provides clinical training for up to 25 occupational and physical therapy interns per year. Many staff members hold degrees from EKU.
- University of KentuckycoreActive research partnership with the University of Kentucky. Tim Uhl, PhD serves as Professor in the Department of Rehabilitation Sciences and Director of the Musculoskeletal Laboratory at UK while practicing clinically at Commonwealth.
- Spalding UniversitycoreActive research partnership with Spalding University. Several staff members have earned or are pursuing Doctorates in Occupational Therapy from Spalding University.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Commonwealth Hand & Physical Therapy competitors and assessment
Company assessmentBroad incumbents
- U.S. Physical Therapy: Public operator of 600+ outpatient PT clinics through partnerships with physical therapists. Comparable in partner-ownership model and clinic-based delivery; broader portfolio gives it different scale economics.
- Confluent Health: Parent organization and network of physical and occupational therapy practices that Commonwealth belongs to. Comparable as an operating-partner platform with shared EIM training and clinical excellence infrastructure.
Direct peers
- CORA Physical Therapy: Outpatient PT operator with strong Southeast and Midwest presence, offering orthopedic, hand therapy, workers' comp and sports medicine. Comparable in clinic footprint strategy and workers' compensation service line.
- Drayer Physical Therapy Institute: Outpatient PT operator with strong Southeast/Mid-Atlantic footprint offering orthopedic, hand therapy and industrial rehab. Comparable in clinic model, payer mix and employer-facing service lines.
- Results Physiotherapy: Outpatient PT chain focused on manual therapy, orthopedic and sports rehab with a strong Tennessee/Kentucky-adjacent presence. Directly comparable in therapist-led clinical model and Southern U.S. footprint.
- BenchMark Physical Therapy: Outpatient PT group with a strong Southeastern U.S. footprint offering orthopedic, hand and industrial rehab services. Comparable in clinic-based model, payer mix and use of board-certified specialists.
- Ivy Rehab Network: Multi-state outpatient PT and OT network with a heavy hand therapy and pediatric subspecialty mix. Comparable to Commonwealth in its blend of PT/OT/hand services and partnership-with-founder operating model.
- Select Physical Therapy (Select Medical): National outpatient PT operator offering orthopedic, hand therapy, neurorehabilitation and workers' comp services through hundreds of clinics. Closely comparable in service breadth, particularly its hand therapy and return-to-work programs.
- ATI Physical Therapy: One of the largest U.S. outpatient physical therapy chains operating multi-state clinics with a similar mix of orthopedic, sports and post-surgical rehab. Directly comparable in service line and payer model, with significantly broader geographic footprint.
- Hanger Clinic: National provider of prosthetic and orthotic services with significant upper-extremity prosthetic capabilities. Comparable as a partner/specialist adjacent to Commonwealth's amputation rehabilitation line, particularly via the Kenny Orthopedics relationship.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Commonwealth Hand & Physical Therapy social profiles
Digital presenceCommonwealth Hand & Physical Therapy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Commonwealth Hand & Physical Therapy leadership team
Management profileNumber of profiles
Profiles2 records
Commonwealth Hand & Physical Therapy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Commonwealth Hand & Physical Therapy 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 Commonwealth Hand & Physical Therapy
What does Commonwealth Hand & Physical Therapy do?
Commonwealth Hand & Physical Therapy operates outpatient rehabilitation clinics that deliver physical therapy, occupational therapy, and hand therapy services, with specialty programs in upper-extremity amputation rehabilitation, dry needling, LSVT BIG for Parkinson's disease, custom orthotic fabrication, early return-to-work conditioning, and Matheson System Functional Capacity Evaluations. Services are delivered across seven Kentucky clinic locations via one-on-one treatment plans by board-certified therapists, supported by insurance billing, workers' compensation case management, and a self-pay option.
Is Commonwealth Hand & Physical Therapy a public or private company?
Commonwealth Hand & Physical Therapy is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Commonwealth Hand & Physical Therapy founded?
Commonwealth Hand & Physical Therapy was founded in 2002. It employs 51 to 100 people.
Where is Commonwealth Hand & Physical Therapy based?
Commonwealth Hand & Physical Therapy is headquartered in Lexington, United States, in the North America region.
How does Commonwealth Hand & Physical Therapy make money?
Three revenue lines are on record. Insurance-Billed Therapy Services are the primary driver. The others are self-Pay / Out-of-Pocket Services and workers' Compensation Services.
Who are Commonwealth Hand & Physical Therapy's main competitors?
Broad incumbents on record are U.S. Physical Therapy and Confluent Health. Direct peers are CORA Physical Therapy, Drayer Physical Therapy Institute, Results Physiotherapy, BenchMark Physical Therapy, Ivy Rehab Network, Select Physical Therapy (Select Medical), ATI Physical Therapy and Hanger Clinic.
Does Commonwealth Hand & Physical Therapy have an API?
No public API is recorded for Commonwealth Hand & Physical Therapy.
What industry is Commonwealth Hand & Physical Therapy in?
Commonwealth Hand & Physical Therapy's product category is Outpatient Rehabilitation Services. Its primary akta.pro industry code is HLAFABAB, Outpatient Rehabilitation & Physical/Occupational/Speech Therapy Centers, with a secondary code of HLADAJAG, Multidisciplinary Outpatient Rehab Centers (PT/OT/SLP). Its NAICS code is 62134 and its SIC code is 8093.