Community Physical Therapy & Associates

What Community Physical Therapy & Associates does

Community Physical Therapy & Associates (CPT), founded in 1986 by CEO Bob Tripicchio, MS, PT, is a privately held, founder-owned rehabilitation services provider headquartered in Addison, Illinois. The company delivers Physical, Occupational, and Speech Therapy across four care settings: a Medicare-certified outpatient clinic in Addison specializing in the McKenzie Method (Mechanical Diagnosis and Treatment); on-site staffing at post-acute rehabilitation centers, skilled nursing facilities, and assisted living communities; home care services; and employer-driven workers' compensation and return-to-work programs. CPT serves patients throughout Illinois and Wisconsin, accepting Medicare and most major commercial insurance plans, and is differentiated clinically by McKenzie credentialing across its outpatient therapists, including Outpatient Clinic Manager David J. Pleva, one of only 250 clinicians worldwide holding a McKenzie Institute International diploma.

The business model is fee-for-service therapy billed primarily to insurance payers (Medicare, BCBS, CIGNA, Aetna, Humana, UHC) and workers' compensation carriers, with self-pay as a secondary option. Go-to-market operates through two parallel motions: a direct-to-consumer channel leveraging Illinois direct-access PT laws and physician/clinician referrals, and a field-sales enterprise channel securing facility partnerships with SNFs, post-acute rehab centers, and assisted living communities. Marketing relies on educational blog content, email newsletters, and Facebook, with referrals from physicians, social workers, and employers as the dominant demand source.

CPT is a member of the American Physical Therapy Association (APTA), Illinois Physical Therapy Association (IPTA), National Association for Home Care (NAHC), and National Association of Rehabilitation Providers and Agencies (NARA). The company has expanded service settings over time — adding the Medicare-certified outpatient clinic in 1996 and a Wellness division based on Chopra Center teachings in 1997 — while maintaining continuous founder leadership. CPT has no app, no disclosed digital platform, no AI/ML capabilities, no external funding, and no M&A activity in the available record.

Name

Community Physical Therapy & Associates

Legal name

Community Physical Therapy & Associates

Website

https://cptrehab.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

251–500 employees

Short description

Community Physical Therapy & Associates is a founder-owned rehabilitation provider founded in 1986 that delivers Physical, Occupational, and Speech Therapy across Illinois and Wisconsin in outpatient, skilled nursing, assisted living, and home settings.

Ownership category

akta.pro rank

Product category

Outpatient Rehabilitation Therapy Services

NAICS

Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Specialty Outpatient Facilities, Nec (8093), Services-Home Health Care Services (8082)

akta.pro primary industry

Outpatient Rehabilitation & Physical/Occupational/Speech Therapy Centers (HLAFABAB)

akta.pro secondary industries

Physical Therapy (PT) In-Home (HSABADAA), Cardiopulmonary Rehabilitation (Cardiac & Pulmonary Rehab) (HSADAIAK), Outpatient Physical Therapy (PT) Clinics (HLADAJAD)

Keywords

• Physical therapy services
• Occupational therapy services
• Speech language therapy
• Rehabilitation therapy services
• Home health therapy

Headquarters

HQ city

Addison

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance-Billed Therapy Services: CPT provides Physical, Occupational, and Speech Therapy services billed to insurance providers. They are in-network providers for most major insurance plans including Blue Cross/Blue Shield, CIGNA, Aetna, Humana, United Healthcare, and Medicare. Services are also billed to workers' compensation carriers for occupational injury rehabilitation.
2. Self-Pay: Self-pay option available for patients without insurance coverage or who prefer to pay out-of-pocket for therapy services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Community Physical Therapy & Associates provides Physical Therapy, Occupational Therapy, and Speech Therapy services across inpatient, outpatient, home care, and skilled nursing facility settings throughout Illinois and Wisconsin. The company specializes in the McKenzie Method (Mechanical Diagnosis and Treatment) for musculoskeletal disorders and operates a Medicare-certified outpatient clinic in Addison, Illinois. CPT also delivers return-to-work programs and partners with post-acute rehabilitation centers, skilled nursing facilities, and assisted living communities to deliver on-site therapy.

Product overview

Community Physical Therapy & Associates (CPT) provides a comprehensive suite of rehabilitation therapy services across multiple care settings in Illinois and Wisconsin. The core offerings include Physical Therapy, Occupational Therapy, and Speech Therapy, which are delivered in outpatient clinics, skilled nursing facilities, assisted living communities, and home settings. Specialized programs include an Outpatient Services clinic (using McKenzie Method), a Return to Work Program (with FCE and Work Conditioning), and a Wellness Program based on Chopra Center teachings. CPT also offers facility-based rehabilitation partnerships for post-acute care providers.

Differentiator

Problem solved

Functional benefit

Products and services

• Physical Therapy Physical therapy services that help decrease pain and improve strength, endurance, balance, flexibility, and range of motion through individualized exercise programs, manual therapy, functional activities, therapeutic modalities, gait training, and comprehensive home exercise programs for individuals recovering from injury, illness, or surgery.
• Occupational Therapy Occupational therapy services that help individuals recover and improve daily living skills, work skills, and leisure activities following surgery, injury, or illness, including hand rehabilitation, upper extremity treatment, visual/perceptual/cognitive skills, and activities of daily living.
• Speech Therapy Speech therapy services that help individuals improve or restore communication disorders related to speech, language, and swallowing, including evaluation and treatment of articulation, language, cognitive, swallowing, voice, and fluency disorders.
• Outpatient Services Outpatient therapy services at CPT's Medicare-certified Addison, Illinois clinic specializing in musculoskeletal conditions using Mechanical Diagnosis and Treatment (McKenzie) principles, treating orthopedic, sports, and work-related injuries.
• Return to Work Program Individualized program to help individuals return to work after occupational injury, including mechanical diagnosis and treatment evaluation, Functional Capacity Evaluation using the Fishbain RFC assessment, and a Work Conditioning program.
• Partnering with CPT (Facility Rehabilitation Services) Rehabilitation services for post-acute rehabilitation centers, skilled nursing facilities, and assisted living communities, providing Physical, Occupational, and Speech Therapy to keep individuals healthy and functioning at maximum capacity, delivered on-site at partner facilities throughout Illinois and Wisconsin.
• Home Care Rehabilitation Services Rehabilitation therapy services delivered in the home setting for patients who cannot travel to outpatient facilities, originally the exclusive focus of CPT since its founding in 1986 and now delivered alongside other clinical settings across Illinois and Wisconsin.

Quantifiable outcome

• Average 7 visits for non-operative orthopedic cases (compared to industry average)
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered minor.

• American Physical Therapy Association (APTA)minorOthersProfessional membership organization. CPT is a member which helps keep current with best practices in rehabilitation and set standards for rehabilitation care.
• Illinois Physical Therapy Association (IPTA)minorOthersState-level professional membership organization for physical therapists in Illinois. Supports CPT in maintaining best practices and industry standards.
• National Association for Home Care (NAHC)minorOthersMembership organization representing home care and hospice agencies. Supports CPT's home care service delivery and regulatory compliance.
• National Association for Rehabilitation Providers and Agencies (NARA)minorOthersProfessional organization representing rehabilitation providers and agencies. Engages in advocacy for reimbursement policies affecting rehabilitation providers.

Scale indicators5 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• ATI Physical Therapy: Large publicly-traded outpatient physical therapy provider with significant presence across Illinois and the Midwest. Directly comparable in offering PT/OT services across multiple clinical settings with insurance-based billing model.
• Athletico Physical Therapy: Chicago-based outpatient physical therapy chain with strong Midwest footprint offering PT, OT, and athletic training services. Directly comparable as a regional PT provider with overlapping Illinois/Wisconsin service area and similar multidisciplinary therapy offerings.
• Bayada Home Health Care: National home health provider offering in-home physical, occupational, and speech therapy services. Comparable to CPT's home health rehabilitation services with overlapping clinical offerings and focus on elderly/disabled populations.
• FOX Rehabilitation: Specializes in in-home physical, occupational, and speech therapy services primarily for older adults. Directly comparable to CPT's home health rehabilitation services with similar patient demographic focus and Medicare-based reimbursement model.
• Powerback Rehabilitation: Provides contract rehabilitation services (PT, OT, Speech) in skilled nursing facilities and assisted living communities. Directly comparable to CPT's facility partnership model serving SNFs and ALFs with on-site therapy services.
• Genesis HealthCare / Genesis Rehab Services: Operates skilled nursing facilities and provides contract rehabilitation services to SNFs across the country. Directly comparable business model to CPT's facility partnerships providing PT/OT/Speech on-site at SNFs and assisted living communities.

Broad incumbents

• Select Medical: National post-acute care and outpatient rehabilitation operator with significant presence across multiple care settings. Comparable to CPT as a multi-setting rehabilitation provider offering PT, OT, and Speech Therapy across inpatient, outpatient, and home health environments.
• Encompass Health: National leader in inpatient rehabilitation hospitals and home health services. Comparable to CPT in providing rehabilitation therapies (PT, OT, Speech) across post-acute care and home health settings, though operating at much larger scale.
• NovaCare Rehabilitation: National outpatient rehabilitation provider operating as part of Select Medical offering PT/OT services across multiple states. Comparable in providing multidisciplinary rehabilitation services with insurance-based billing model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/CPTRehabIL

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Community Physical Therapy & Associates