PT Partners
PT Partners is a clinician-owned management services organization that partners with independent physical therapy practices through a four-stage lifecycle model (LAUNCH, ADVANCE, DIVERSIFY, TRANSITION), supporting over 90 outpatient rehab clinics across 10 states with shared operational, financial, and strategic resources.
- Company typePrivate
- Founded2004
- HeadquartersLenexa, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What PT Partners does
PT Partners is a clinician-owned management services organization (MSO) that partners with independent physical therapy practices across the United States, supporting a network of over 90 outpatient rehabilitation clinics across 10 states. Founded in 2004 and headquartered in Overland Park, Kansas, the company is led by former therapists and practice managers (CEO Brian Frank) and markets itself around a four-stage lifecycle offering — LAUNCH (new practice development), ADVANCE (mid-stage growth support), DIVERSIFY (equity partnerships and M&A management), and TRANSITION (succession planning and exits) — that addresses PT practice owners at every stage from founding through sale or handoff.
The core product surface is a packaged set of services including practice development and management, equity and capital resources, consultation, value-based programs, network development, staffing management, merger and acquisition management, operational consulting and audits, and succession planning. Underlying technology is not proprietary; value delivery rests on centralized professional teams covering clinical and business operations, human resources, marketing, research and development, finance and accounting, and legal and risk management that are shared across partner clinics. PT Partners explicitly retains the local brand identities of partner practices (e.g., KC Rehab, Advanced Rehab & Sports Medicine, Home Town PT, United PT, Revolution Sport & Spine, Peak Sports Spine) rather than rolling them under a master brand.
Revenue mechanics are managed-services and partnership-fee based, with management fees, operational support, and equity partnership stakes in practices. Pricing is customized per arrangement and not publicly disclosed. The go-to-market is direct: the company recruits PT entrepreneurs and clinic owners into the network, then services them through the lifecycle. Distribution is U.S.-only and is concentrated in the Midwest with extensions into the Southwest, Southeast, and Northwest. Key partnership anchors include KC Rehab (formed from four KC-area practices in 2017), Advanced Rehab & Sports Medicine (9 Illinois clinics, partnered 2026-01-12), and Home Town Physical Therapy (Fairbanks, Alaska, partnered 2026-04-07) within a 13-location PT Partners Alaska sub-network.
PT Partners firmographics
Firmographics- Name
- PT Partners
- Legal name
- PT Partners LLC
- Website
- https://ptpartners.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- PT Partners is a clinician-owned management services organization that partners with independent physical therapy practices through a four-stage lifecycle model (LAUNCH, ADVANCE, DIVERSIFY, TRANSITION), supporting over 90 outpatient rehab clinics across 10 states with shared operational, financial, and strategic resources.
- Ownership category
- akta.pro rank
PT Partners industry classification
Industry- NAICS
- Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134), Offices of Other Health Practitioners (6213)
- SIC
- Services-Management Consulting Services (8742), Services-Health Services (8000)
- akta.pro primary industry
- Outpatient Physical Therapy (PT) Clinics (HLADAJAD)
Keywords
Where PT Partners is headquartered
LocationHeadquarters
- HQ city
- Lenexa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PT Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Management Services & Partnership Fees: PT Partners generates revenue by providing management services, operational support, and strategic partnership to physical therapy practices. Revenue appears to come from service fees for practice management, consulting, network development, and potentially equity partnerships where they take ownership stakes in practices.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
PT Partners product offering
Product offeringCore offering
PT Partners provides management services and operational support to physical therapy practice owners across the U.S. through a four-stage lifecycle model (Launch, Advance, Diversify, Transition), covering practice development, equity and capital, staffing, marketing, value-based programs, M&A management, and succession planning. The company also operates a network of over 90 outpatient rehabilitation clinics across 10 states under locally branded partner practices.
Product overview
PT Partners is a clinician-owned healthcare management company that operates a network of over 90 outpatient physical therapy clinics across 10 states through locally-rooted partner brands. The company provides a four-tiered service model (LAUNCH, ADVANCE, DIVERSIFY, TRANSITION) that supports physical therapy practices through every stage of their lifecycle—from founding and practice development through growth, expansion, and eventual succession or transition. PT Partners differentiates itself by providing operational support teams (clinical operations, HR, marketing, R&D, finance, legal/risk) while allowing partner clinics to retain their original names, brands, and community focus. The company also supports merger & acquisition management and value-based care programs.
Differentiator
Problem solved
Functional benefit
Companies that use PT Partners
Customer profileNamed customers8 records
Segments1 record
Ideal customer profiles2 records
PT Partners technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PT Partners partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- Advanced Rehab & Sports MedicinecorePartnership expanding PT Partners' presence in Central and Western Illinois. Advanced Rehab operates 9 outpatient rehabilitation clinics and maintains its commitment to personalized, community-based care while benefiting from PT Partners' operational support and resources.
- Home Town Physical TherapycoreFairbanks-based PT clinic joining PT Partners Alaska network. Home Town PT provides personalized rehabilitation services and helps patients recover from injury, regain strength, and return to activities. Partnership provides access to broader network resources while maintaining local focus.
- United Physical TherapycoreAnchorage, Alaska PT provider part of PT Partners Alaska collaborative network spanning 13 locations statewide.
- Revolution Sport & SpinecoreAlaska PT provider with locations in Ninilchik, North Kenai, and Soldotna, part of PT Partners Alaska network.
- North Pole Physical TherapycoreNorth Pole, Alaska PT clinic operating within PT Partners Alaska network of 13 statewide locations.
- KC RehabcoreKansas City metro-wide physical therapy group formed from four independent PT practices. PT Partners led the market-based consolidation enabling shared best practices, staff sharing, economies of scale for billing and operations, and expansion through acquisitions and new clinic startups.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
PT Partners competitors and assessment
Company assessmentOthers
- WebPT: Leading EMR and practice management software provider for outpatient PT clinics. Not a direct competitor but a key technology vendor and ecosystem participant; relevant as a counter-example of the technology-enabled, services-light model PT Partners does not currently pursue.
Direct peers
- Confluent Health: Private, clinician-led PT network/MSO that partners with independent practices and provides management support — directly comparable to PT Partners' model of operational support plus equity partnerships across multiple states.
- FYZICAL Therapy & Balance Centers: Franchise/MSO model in outpatient PT that recruits independent practice owners into a branded network with operational support. Comparable to PT Partners' LAUNCH/ADVANCE/DIVERSIFY/TRANSITION lifecycle approach and seller-friendly partnership structure.
- CORA Health Services: PE-backed outpatient PT platform operating clinics across multiple states with a partnership/MSO-style model. Directly comparable in go-to-market (acquiring/partnering with independent PT practices) and in target customer (community-based PT owners).
- Pivot Physical Therapy: PE-backed outpatient PT operator with a multi-state footprint and an M&A-driven growth model. Competes for the same partnership pipeline and shares PT Partners' clinician-relationship-driven value proposition.
- Upstream Rehabilitation: PE-backed outpatient PT operator with hundreds of clinics across the U.S. Competes head-to-head for the same independent PT practice partnerships and tuck-in acquisitions that PT Partners targets.
Broad incumbents
- Select Medical: Large publicly traded rehab services company with outpatient PT, inpatient rehab, and contract therapy businesses. Overlaps with PT Partners in outpatient PT and value-based care program delivery.
- U.S. Physical Therapy (USPH): Public operator of ~600+ outpatient PT clinics through a partnership-heavy model. Closest publicly traded analog to PT Partners' clinic-network + management services structure, though materially larger.
- ATI Physical Therapy: Public outpatient PT operator with a national footprint of company-owned and partner clinics. Competes with PT Partners for clinician talent, referral relationships, and partnership opportunities in overlapping geographies.
- Athletico Physical Therapy (now part of BAYADA Home Health Care): Multi-state outpatient PT operator with several hundred clinics. Direct overlap in service line (outpatient PT) and in competing for partnerships with independent PT owners across the Midwest and other regions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
PT Partners social profiles
Digital presencePT Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
PT Partners leadership team
Management profileNumber of profiles
PT Partners subsidiaries and ownership
Company hierarchySubsidiaries2 records
PT Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PT Partners 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 PT Partners
What does PT Partners do?
PT Partners provides management services and operational support to physical therapy practice owners across the U.S. through a four-stage lifecycle model (Launch, Advance, Diversify, Transition), covering practice development, equity and capital, staffing, marketing, value-based programs, M&A management, and succession planning. The company also operates a network of over 90 outpatient rehabilitation clinics across 10 states under locally branded partner practices.
Is PT Partners a public or private company?
PT Partners is a private company. It is currently operating.
When was PT Partners founded?
PT Partners was founded in 2004. It employs 101 to 250 people.
Where is PT Partners based?
PT Partners is headquartered in Lenexa, United States, in the North America region.
How does PT Partners make money?
One revenue line is on record: management Services & Partnership Fees.
Who are PT Partners's main competitors?
WebPT is listed as an others. Direct peers are Confluent Health, FYZICAL Therapy & Balance Centers, CORA Health Services, Pivot Physical Therapy and Upstream Rehabilitation. Broad incumbents are Select Medical, U.S. Physical Therapy (USPH), ATI Physical Therapy and Athletico Physical Therapy (now part of BAYADA Home Health Care).
Does PT Partners have an API?
No public API is recorded for PT Partners.
What industry is PT Partners in?
Its primary akta.pro industry code is HLADAJAD, Outpatient Physical Therapy (PT) Clinics. Its NAICS code is 62134 and its SIC code is 8742.