What Theraneos does

Theraneos is a German private interdisciplinary healthcare company headquartered in Speyer that operates four therapy practice locations across Speyer, Ludwigshafen, and Limburgerhof. Founded in 1990 as a single physiotherapy practice by Matthias Richter and led since 2019 by co-managing directors Evi Strataki and Eleftherios Konstantakis, the company employs over 80 staff delivering physiotherapy, occupational therapy, speech therapy, osteopathy, and medical training therapy to patients ranging from infants to seniors. Service delivery is a hybrid of in-practice visits, home visits for mobility-limited patients, and on-site services for institutional clients.

The company's core product is integrated clinical therapy under one roof, supplemented by specialized programs such as fall prevention (developed in collaboration with ETH-Zürich and the University of Jyväskylä), pediatric therapy, and corporate health management (BGF). The technology stack is conventional: standard therapeutic equipment, manual therapy modalities, and an external online scheduling tool (bademaxx). No proprietary software, AI, or digital health platform is documented.

Revenue is generated through three primary streams: (1) clinical therapy services billed to statutory and private health insurers under German HEK prescription rules, (2) self-pay and preventive courses (e.g., fall prevention at EUR 48/month, personal physio at EUR 45 per session, back training packages), and (3) corporate health management contracts sold directly to employers, most notably an exclusive multi-site agreement with BASF SE covering physiotherapy, ergonomic consulting, and workplace health programs at three of BASF's locations. Patient acquisition is driven by regional reputation, website/Google Maps presence, and direct corporate partnerships; senior care facility agreements provide institutional referral volume.

Name

Theraneos

Legal name

Theraneos

Website

https://theraneos.de

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

Theraneos is a private German interdisciplinary therapy provider operating four practice locations in Speyer, Ludwigshafen, and Limburgerhof, delivering physiotherapy, occupational, speech, and osteopathy services to patients of all ages and serving corporate clients including BASF.

Ownership category

akta.pro rank

Product category

Outpatient Rehabilitation and Therapy Services

NAICS

Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Specialty Outpatient Facilities, Nec (8093), Services-Health Services (8000)

akta.pro primary industry

Outpatient Rehabilitation Clinics (PT/OT/SLP) (HLAFAFAG)

akta.pro secondary industries

Multidisciplinary Outpatient Rehab Centers (PT/OT/SLP) (HLADAJAG), Orthopedic & Musculoskeletal Rehab In-Home (HSABADAF), Swallowing (Dysphagia) & Feeding Therapy In-Home (HSABADAK)

Keywords

• Physiotherapy services
• Occupational therapy
• Speech therapy
• Corporate health management
• Medical training therapy

Headquarters

HQ city

Speyer

HQ country

Germany

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Clinical Therapy Services: Direct patient services billed to statutory and private health insurance providers. Core revenue stream from physiotherapy, occupational therapy, speech therapy, and osteopathy treatments.
2. Medical Training Therapy: Exercise therapy services including device-based training, rehabilitation sports, and preventive courses. Available both through health insurance prescriptions and self-pay basis.
3. Corporate Health Management (BGF): Occupational health and workplace wellness services sold to employers including ergonomic consulting, back schools, health days, workshops, and on-site physiotherapy.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Theraneos is an interdisciplinary therapy center delivering physiotherapy, occupational therapy, speech therapy, osteopathy, and medical training therapy across four practice locations in Speyer, Ludwigshafen, and Limburgerhof. Services are billed to statutory and private health insurers and supplemented by home visits, corporate health management programs, fall prevention courses, and rehabilitation sports for patients from infants to seniors.

Product overview

Theraneos is an interdisciplinary healthcare company offering a unified portfolio of therapy services at four locations (Speyer, Ludwigshafen, Limburgerhof). The core offering centers on five integrated therapy disciplines: Physiotherapie (Physiotherapy), Ergotherapie (Occupational Therapy), Logopädie (Speech Therapy), Osteopathie (Osteopathy), and Medizinische Trainingstherapie (Medical Exercise Therapy). These are supplemented by complementary services including Hausbesuche (Home Visits) for patients unable to travel, Betriebliche Gesundheitsförderung (Corporate Health Management), and specialized programs like Sturzprävention (Fall Prevention) and Rehasport (Rehabilitation Sports). The company serves patients from pediatrics to seniors, including exclusive services for BASF employees, with over 80 staff members providing coordinated, interdisciplinary care.

Differentiator

Problem solved

Functional benefit

Brands

• Osteopathie Germann: Osteopathy practice under Theraneos, operated by Urs Germann

Products and services

• Physiotherapie (Physiotherapy) Physiotherapy services focused on restoring natural body functions and maintaining or improving mobility. Includes Krankengymnastik (KG), KG am Gerät (KGG), Bobath therapy, breathing therapy, jaw joint treatment (CMD), pelvic floor therapy, classic massage therapy, manual lymphatic drainage, fango, heat therapy, cryotherapy, and electrotherapy. Billed to statutory and private health insurers or available on self-pay basis.
• Ergotherapie (Occupational Therapy) Occupational therapy helping people of all ages regain or develop daily living skills lost due to illness, injury, or disability. Covers neurology, pediatrics, orthopedics, neuro- and biofeedback, psychomotor therapy, hand therapy, mirror therapy, developmental support for children and youth, and parent counseling.
• Logopädie (Speech Therapy) Speech therapy services for children addressing language, speech, voice, and swallowing disorders. Includes diagnosis and treatment of articulation, vocabulary, grammar, swallowing issues, auditory processing problems, dysgrammatism, articulation problems, myofunctional disorders, and voice disorders.
• Osteopathie (Osteopathy) Holistic osteopathic treatment focusing on the body's mobility as a whole, examining tissue movements, individual body parts, and organ systems to stimulate self-healing forces. Delivered under the Osteopathie Germann sub-brand.
• Medizinische Trainingstherapie (Medical Training Therapy) Medical training therapy using equipment-based exercises to help patients regain quality of life, improve motor performance, and become active partners in their own therapy. Includes post-operative rehabilitation, overload syndromes, cardiovascular complaints, and chronic pain management.
• Betriebliche Gesundheitsförderung (Corporate Health Management) Corporate health promotion services including health counseling and concept development, ergonomic workplace consulting, back school, spinal gymnastics, back strengthening training, mobile massage, health days, workshops and lectures, course programs, and physiotherapeutic company care. Sold to employer clients including BASF.
• Hausbesuche (Home Visits) Home visit services bringing physiotherapy and occupational therapy to patients unable to visit the practice. Includes Krankengymnastik (KG), KG nach Bobath for adults, manual therapy (MT), breathing therapy, classic massage therapy (KMT), connective tissue massage (BGM), manual lymphatic drainage (MLD), and heat therapy.
• Rehasport und Kursprogramme (Rehabilitation Sports and Course Programs) Rehabilitation sports and course offerings including Rehasport (group training under a sports club framework), Fit ins Alter (fitness for seniors), Qi Gong, and RückenFit (back fitness) courses. Available through health insurance prescriptions and self-pay basis.
• Sturzprävention (Fall Prevention Course) Fall prevention courses for seniors held in small groups of maximum eight participants, led by trained therapists. Delivered as twice-weekly sessions at €48/month, based on scientific experience from the University of Jyväskylä in Finland with equipment-based strength training.

Quantifiable outcome

• Fall prevention courses in small groups of maximum 8 participants with supervised training 2x weekly
• +1 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

Nine partnerships are on record, tiered minor and core.

• Seniorenhaus Salier-StiftminorOthersSenior care facility receiving regular therapy services including physiotherapy for residents
• Seniorenzentrum StorchenparkminorOthersSenior care facility receiving regular therapy services for residents
• Seniorenhaus BurgfeldminorOthersSenior care facility receiving regular therapy services for residents
• Seniorenstift BürgerhospitalminorOthersSenior care facility receiving regular therapy services for residents
• Hospiz im WilhelminenstiftminorOthersHospice facility receiving therapy support services
• ETH-Zürich (Eidgenössische Technische Fachhochschule)coreStrategic or Co-development PartnerResearch collaboration on fall prevention study conducted in May 2012. Practice for Physiotherapy Matthias Richter participated in scientific study on fall prevention through strength training, providing evidence-based credibility to current fall prevention programs.
• Universität Jyvaskylä (Finnland)minorStrategic or Co-development PartnerLong-term scientific and practice-oriented experience in fall prevention training with innovative equipment-based strength training programs informing THERANEOS fall prevention courses
• BASF SEcoreChannel Partner/ Reseller/ DistributorExclusive provider of employee health services at multiple BASF locations. Services include physiotherapy, manual therapy, medical training therapy, ergonomic workplace consulting, and health action days at Medical Center, LuMit employee center, and Agrarzentrum Limburgerhof.
• Judomaxx SpeyerminorOthersSports facility partnership where THERANEOS provides rehabilitation sports and course programs

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• ZAR (Zentren für ambulante Rehabilitation): German network of outpatient rehabilitation centers offering physiotherapy, occupational therapy, and sports therapy across multiple regional sites. Comparable in offering multidisciplinary outpatient rehab under one roof, similar size per center to Theraneos' flagship Speyer location.
• Reha Team: Regional German outpatient therapy provider offering physiotherapy, occupational therapy, and related rehabilitation services through local practice locations — directly comparable in business model (multi-location outpatient therapy practice) and scale, though typically focused on a single city footprint.
• TheraVie: German outpatient therapy practice group combining physiotherapy, occupational therapy, and related rehabilitation services across multiple sites — directly comparable as a multi-location, multi-discipline therapy practice operating in a similar German regional market structure.
• PamG (Physiotherapie am Markt): Independent German outpatient physiotherapy group practice offering physiotherapy, manual therapy, and rehabilitation sports — closely comparable in service mix and community-practice delivery model to a Theraneos location, though smaller in scale.
• Sanomed GmbH: Mid-sized German outpatient rehabilitation operator with multiple therapy disciplines across regional sites. Comparable in offering integrated PT/OT/SLP services under one brand, providing a reasonable regional-scale peer for Theraneos.

Broad incumbents

• Helios Kliniken (Fresenius): One of Europe's largest hospital groups with substantial outpatient rehabilitation and therapy services. Comparable in the therapy offerings provided to patients, but operates at enterprise scale and is integrated into a hospital delivery model rather than independent community practices.
• MEDIAN Group: One of Germany's largest private rehabilitation clinic operators, offering inpatient and outpatient physiotherapy, occupational therapy, and speech therapy across a national network — comparable in therapy disciplines served, but operating at much larger scale and with a stronger inpatient focus than Theraneos' regional outpatient model.
• BG Klinik / Berufsgenossenschaftliche Kliniken: Statutory accident insurance hospital network in Germany that provides extensive occupational physiotherapy and rehabilitation services for workplace injuries — directly comparable to the corporate health management (BGF) and work-injury therapy segment that Theraneos delivers for BASF.
• Asklepios Group: Major German private hospital and outpatient rehabilitation operator offering physiotherapy and occupational therapy services through its clinics and MVZ centers. Overlaps with Theraneos in core therapy disciplines but operates at national scale and is hospital-anchored rather than community-practice-led.

Emerging players

• Caspar Health: Digital physiotherapy platform offering app-based and tele-rehabilitation services in Germany, complementing in-clinic therapy. Comparable because it serves the same patient population and payer channels, but represents a different delivery model (digital-first) that could compete for Theraneos' patient base as digital reimbursement matures.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/theraneos
• Instagraminstagram.com/theraneos/?hl=de
• LinkedInlinkedin.com/company/theraneos

Compliance3 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 Theraneos