Ascent Physical Therapy Specialists
Ascent Physical Therapy Specialists is a therapist-owned, single-location outpatient PT clinic in Bloomfield Hills, Michigan, founded in 2012. It serves individual patients with orthopedic, sports, neurological, and post-surgical conditions via insurance, auto/workers' comp, and self-pay.
- Company typePrivate
- Founded2012
- HeadquartersBloomfield Hills, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Ascent Physical Therapy Specialists does
Ascent Physical Therapy Specialists is a therapist-owned, single-location outpatient physical therapy clinic founded in 2012 in Bloomfield Hills, Michigan. The clinic delivers comprehensive physical therapy services across a broad range of clinical specialties, including orthopedic injuries, sports injuries, post-surgical rehabilitation, chronic pain management, neurological conditions, vestibular disorders, and auto accident and workers' compensation cases. The clinical team holds doctoral-level physical therapy credentials and the practice cites a combined 50 years of clinical experience across its providers.
Service modalities span blood flow restriction (BFR) training, dry needling, cold laser therapy, Redcord suspension exercise, manual therapy, therapeutic exercise, and vestibular rehabilitation. Revenue is generated through a fee-for-service model reimbursed primarily by third-party payors — Medicare, Blue Cross Blue Shield, Aetna, McLaren, and Tricare — supplemented by auto and workers' compensation claims and self-pay arrangements. The practice operates in a HIPAA-compliant environment using E-Rehab electronic medical records for clinical documentation.
The business is tightly scoped: one physical site, 1-10 employees, and no disclosed expansion, franchise, capital raise, partnership, or acquisition activity. The founder and chief clinician is Dr. Shankar L. Krishnan. There is no public evidence of multi-site operating history, institutional backing, or geographic expansion beyond the Bloomfield Hills catchment.
Ascent Physical Therapy Specialists firmographics
Firmographics- Name
- Ascent Physical Therapy Specialists
- Legal name
- Ascent Physical Therapy Specialists
- Website
- https://ascentpts.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Ascent Physical Therapy Specialists is a therapist-owned, single-location outpatient PT clinic in Bloomfield Hills, Michigan, founded in 2012. It serves individual patients with orthopedic, sports, neurological, and post-surgical conditions via insurance, auto/workers' comp, and self-pay.
- Ownership category
- akta.pro rank
Ascent Physical Therapy Specialists industry classification
Industry- Product category
- Outpatient Physical Therapy Services
- NAICS
- Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134)
- SIC
- Services-Specialty Outpatient Facilities, Nec (8093)
- akta.pro industry
- Outpatient Rehabilitation & Physical/Occupational/Speech Therapy CentersOrthopedic Physical Therapy & Post-Op RehabHome & Personal Services/Fitness, Wellness & Personal Training/Physical Therapy, Rehabilitation & Corrective Exercise
Keywords
Where Ascent Physical Therapy Specialists is headquartered
LocationHeadquarters
- HQ city
- Bloomfield Hills
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Ascent Physical Therapy Specialists business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Physical Therapy Services - Insurance Billing: Direct billing to health insurance plans including Medicare, Blue Cross, Aetna, McLaren, and Tricare. Patient responsible for copays at time of service.
- Physical Therapy Services - Self-Pay: Cash payment, credit card, and payment plans available for uninsured patients. Self-pay programs enable patients without insurance to receive quality physical therapy care.
- Auto Insurance/Workers' Compensation: Works directly with auto insurance carriers and workers' compensation programs for accident-related and work-related injury treatments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Per visit | Insurance-covered physical therapy |
| Unit Pricing | Pay-as-you-go | Self-pay physical therapy |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Ascent Physical Therapy Specialists product offering
Product offeringCore offering
Ascent Physical Therapy Specialists is a therapist-owned outpatient physical therapy clinic providing one-on-one hands-on treatment for musculoskeletal conditions including back/neck pain, sports injuries, auto accident injuries, chronic pain, post-surgical rehabilitation, vertigo, and balance disorders. The clinic offers direct-access care with appointments available within 24-48 hours, billing major insurance carriers (Medicare, Blue Cross, Aetna, McLaren, Tricare, auto insurance, and workers' compensation) as well as self-pay options. Services are delivered by doctoral-trained specialists using evidence-based treatment modalities and specialized equipment at a single location in Bloomfield Hills, MI.
Product overview
Ascent Physical Therapy Specialists operates as a therapist-owned private practice in Bloomfield Hills, MI, offering a comprehensive range of physical therapy services since 2012. The practice provides a unified set of treatment services centered around Physical Therapy as the core offering, supplemented by specialized therapeutic modalities including therapeutic exercise, pain neuroscience education, blood flow restriction therapy, dry needling, cupping, joint manipulation, craniosacral therapy, myofascial release, IASTM mobilization, and strength/core training. The practice also offers specialized equipment-based treatments including Total Gym, Redcord Neurac treatment, cold laser therapy, ultrasound, electrical stimulation, and spinal/cervical traction. Treatment is delivered through one-on-one, hands-on care with doctoral-trained specialists, targeting conditions including musculoskeletal pain, sports injuries, auto accident injuries, chronic pain, pre/post-surgical rehabilitation, and neurological rehabilitation.
Differentiator
Problem solved
Functional benefit
Products and services
- Physical Therapy Core physical therapy service providing treatment for musculoskeletal conditions through therapeutic exercise, functional training, hands-on manual therapy, and patient education. First-line treatment for muscle and joint problems offered to patients in Oakland County, MI.
- Therapeutic Exercise
Quantifiable outcome
- Guaranteed 30-50% improvement in five visits or less
- +2 more outcomes
Companies that use Ascent Physical Therapy Specialists
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles2 records
Ascent Physical Therapy Specialists technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
Ascent Physical Therapy Specialists partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights2 records
Ascent Physical Therapy Specialists competitors and assessment
Company assessmentBroad incumbents
- Select Medical / Select Physical Therapy: Outpatient rehabilitation division of Select Medical operating NovaCare Rehabilitation and Select PT brands across the U.S. Offers the same PT, sports medicine, vestibular, and workers' comp services as Ascent but as part of a much larger hospital-affiliated network.
- U.S. Physical Therapy: Public holding company that owns and operates hundreds of outpatient physical and occupational therapy clinics. Provides a direct benchmark for clinic-level economics in PT private practice, including payer mix, treatment modalities, and outcomes reporting.
- ATI Physical Therapy: Large national outpatient physical therapy chain offering orthopedic, sports, and post-surgical rehab across hundreds of locations. Directly comparable to Ascent in core service mix (PT, manual therapy, BFR-style training) but operates at massive scale versus Ascent's single clinic.
- Athletico Physical Therapy: Multi-state outpatient PT provider emphasizing orthopedic and sports-injury rehabilitation. Comparable to Ascent across most service offerings including manual therapy, dry needling, and vestibular treatment, but with significantly greater geographic reach.
- Concentra Health Services: Occupational health and workers' compensation-focused provider with extensive PT/OT rehab services. Comparable to Ascent's work-injury segment and direct auto/workers' comp billing, but operating employer-clinic sites at national scale.
Regional players
- Ivy Rehab Network: Network of outpatient PT clinics with strong presence in the Midwest and East Coast, including Michigan. Offers comparable orthopedic, sports, vestibular, and post-surgical services to Ascent but at multi-clinic scale with private equity backing.
- Michigan Medicine (University of Michigan) Outpatient Rehabilitation: Hospital-affiliated outpatient PT program serving Oakland County and greater southeast Michigan. Competes with Ascent for physician referrals and post-surgical rehab patients within the same geography but at institutional scale.
Direct peers
- Drayer Physical Therapy Institute: Outpatient PT brand (now part of Upstream Rehabilitation) operating community-based clinics with similar orthopedic, sports, and manual-therapy offerings to Ascent. Highly comparable in clinic size and patient demographic.
- FYZICAL Therapy & Balance Centers: Franchise network of independent PT clinics specializing in balance, vestibular (including BPPV/Epley), and orthopedic rehab — directly overlapping Ascent's vestibular and orthopedic service lines. Closest peer in model type (therapist-owned, single or small footprint) and modality mix.
- Therapy Partners Group: Management/ownership group supporting therapist-led outpatient PT clinics across the U.S. Closely comparable to Ascent in operating philosophy (therapist-owned private practices) and would be a logical partner or acquirer for clinic expansion or roll-up strategies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Ascent Physical Therapy Specialists social profiles
Digital presenceAscent Physical Therapy Specialists compliance and trust
Trust signalCompliance2 records
Ascent Physical Therapy Specialists financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ascent Physical Therapy Specialists leadership team
Management profileNumber of profiles
Profiles1 record
Ascent Physical Therapy Specialists funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ascent Physical Therapy Specialists 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 Ascent Physical Therapy Specialists
What does Ascent Physical Therapy Specialists do?
Ascent Physical Therapy Specialists is a therapist-owned outpatient physical therapy clinic providing one-on-one hands-on treatment for musculoskeletal conditions including back/neck pain, sports injuries, auto accident injuries, chronic pain, post-surgical rehabilitation, vertigo, and balance disorders. The clinic offers direct-access care with appointments available within 24-48 hours, billing major insurance carriers (Medicare, Blue Cross, Aetna, McLaren, Tricare, auto insurance, and workers' compensation) as well as self-pay options. Services are delivered by doctoral-trained specialists using evidence-based treatment modalities and specialized equipment at a single location in Bloomfield Hills, MI.
Is Ascent Physical Therapy Specialists a public or private company?
Ascent Physical Therapy Specialists is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ascent Physical Therapy Specialists founded?
Ascent Physical Therapy Specialists was founded in 2012. It employs 1 to 10 people.
Where is Ascent Physical Therapy Specialists based?
Ascent Physical Therapy Specialists is headquartered in Bloomfield Hills, United States, in the North America region.
How does Ascent Physical Therapy Specialists make money?
Three revenue lines are on record. Physical Therapy Services - Insurance Billing is the primary driver. The others are physical Therapy Services - Self-Pay and auto Insurance/Workers' Compensation.
Who are Ascent Physical Therapy Specialists's main competitors?
Broad incumbents on record are Select Medical / Select Physical Therapy, U.S. Physical Therapy, ATI Physical Therapy, Athletico Physical Therapy and Concentra Health Services. Regional players are Ivy Rehab Network and Michigan Medicine (University of Michigan) Outpatient Rehabilitation. Direct peers are Drayer Physical Therapy Institute, FYZICAL Therapy & Balance Centers and Therapy Partners Group.
Does Ascent Physical Therapy Specialists have an API?
No public API is recorded for Ascent Physical Therapy Specialists.
What industry is Ascent Physical Therapy Specialists in?
Ascent Physical Therapy Specialists's product category is Outpatient Physical Therapy Services. Its primary akta.pro industry code is HLAFABAB, Outpatient Rehabilitation & Physical/Occupational/Speech Therapy Centers, with a secondary code of HSADAIAA, Orthopedic Physical Therapy & Post-Op Rehab. Its NAICS code is 62134 and its SIC code is 8093.