Professional Physical Therapy

Professional Physical Therapy, headquartered in Uniondale, New York, specializes in delivering exceptional physical, occupational, and hand therapy services to facilitate patient recovery and enhance quality of life across diverse demographics. Founded in 1998, Professional Physical Therapy is a dedicated provider of rehabilitation services. The company has remained focused on its core mission and has not undergone any significant pivots or changes in business operations since inception. Smita Ahluwalia is the founder, and the company is currently led by CEO Steven Schneider.

The firm has conducted five total deals, the most recent being in December 2016, when Thomas H Lee Partners acquired Professional Physical Therapy from Great Point Partners for an undisclosed amount. The firm operates across multiple states in the Northeast U. S. , including New York, New Jersey, Connecticut, Massachusetts, and New Hampshire.

Professional Physical Therapy offers a comprehensive range of physical, occupational, and hand therapy services designed to address various conditions, including sports injuries, workplace injuries, chronic pain, and post-operative recovery. Their tailored rehabilitation programs meet the needs of athletes, working professionals, and older adults. The company serves both self-referred patients and those referred by over 35,000 healthcare providers, providing effective treatment plans that incorporate progressive exercises and evidence-based practices. Professional Physical Therapy generates revenue primarily through direct service transactions with patients, working closely with healthcare providers and insurance companies.

Payment structures are based on per-visit fees that vary by service type, including physical therapy sessions and specialized women's health services. The company facilitates a broad client base through direct-to-consumer engagements and B2B relationships with healthcare networks, accepting various health insurance plans to streamline the reimbursement process for its extensive treatment offerings. To support future growth, Professional Physical Therapy plans to expand its service offerings and geographic presence. Currently, the firm is focused on developing new rehabilitation programs tailored to emerging patient needs.

Additionally, they aim to increase their footprint in the Northeast U. S. market and expand into additional regions by the end of 2023. The proceeds from the investment received in December 2016 will be utilized to support these initiatives, enabling the company to enhance its service delivery and reach more patients.