Athletico Physical Therapy: Company Profile

Background

Overview

Athletico Physical Therapy, founded in 1991 by Mark Kaufman, is a leading provider of orthopedic rehabilitation services in the United States. Starting with a single clinic in Chicago, the company has expanded to over 900 locations across 25 states and the District of Columbia, employing more than 9,000 clinicians and staff members.

Mission and Vision

Athletico's mission is to enhance people's health and quality of life by providing exceptional, compassionate care. The company envisions being the partner of choice for world-class sports brands and leading sports retailers, aiming to deliver new product innovations and technologies to satisfy the needs of their customers and consumers.

Primary Area of Focus

The company specializes in orthopedic rehabilitation, offering services such as physical and occupational therapy, workers' compensation, women's health therapy, concussion management, and athletic training. Athletico serves a diverse clientele, including individuals, employers, and athletes, with a strong presence in both community clinics and partnerships with professional sports teams.

Industry Significance

Operating in the $53 billion U.S. physical therapy industry, Athletico is a significant player, contributing to the sector's growth and evolution. The company has been recognized for its commitment to quality care and patient outcomes, earning accolades such as being named the "Best Physical Therapy Practice in the Nation" by ADVANCE magazine and a Top Workplace in the Nation.

Key Strategic Focus

Core Objectives

Athletico aims to provide high-quality, patient-centric care, focusing on positive patient outcomes and satisfaction. The company is committed to continuous improvement and innovation in rehabilitation services.

Specific Areas of Specialization

Athletico specializes in orthopedic rehabilitation, offering a range of services including:

Physical and occupational therapy

Workers' compensation services

Women's health therapy

Concussion management

Athletic training

Key Technologies Utilized

The company employs advanced rehabilitation technologies and evidence-based practices to enhance patient care and outcomes. Athletico has also integrated digital health and education technologies through collaborations with companies like Exxat Inc. and Limber Health, indicating a commitment to innovative health management and clinical education tools.

Primary Markets or Conditions Targeted

Athletico serves a broad market, including:

Individual patients seeking rehabilitation services

Employers requiring workers' compensation and occupational health services

Athletes at all levels, from amateur to professional

High schools, colleges, and professional sports teams

Financials and Funding

Funding History

Athletico has undergone several funding rounds, primarily through private equity investments. Notably, the company has been backed by private equity investors, including BDT Capital Partners, Harvest Partners, and Mark A. Kaufman.

Total Funds Raised

Specific details regarding the total funds raised by Athletico are not publicly disclosed.

Recent Funding Rounds

The most recent funding round involved a private equity investment led by Harvest Partners. The exact amount raised and the date of this funding round are not publicly available.

Notable Investors

Athletico's notable investors include:

BDT Capital Partners

Harvest Partners

Mark A. Kaufman

Intended Utilization of Capital

The capital raised has been utilized for:

Expanding clinic locations

Acquiring other rehabilitation service providers

Investing in technology and infrastructure

Enhancing service offerings

Pipeline Development

Key Pipeline Candidates

Athletico's growth strategy includes:

Acquiring other rehabilitation service providers to expand its footprint

Integrating new technologies to enhance patient care

Stages of Clinical Trials or Product Development

Specific details regarding clinical trials or product development stages are not publicly disclosed.

Target Conditions

Athletico focuses on a wide range of conditions, including:

Orthopedic injuries

Sports-related injuries

Workplace injuries

Women's health issues

Concussions

Relevant Timelines for Anticipated Milestones

Specific timelines for upcoming milestones are not publicly available.

Technological Platform and Innovation

Proprietary Technologies

Athletico utilizes proprietary rehabilitation technologies and evidence-based practices to enhance patient care and outcomes. The company has also integrated digital health and education technologies through collaborations with companies like Exxat Inc. and Limber Health.

Significant Scientific Methods

Athletico employs evidence-based practices and advanced rehabilitation technologies to ensure effective patient care. The company has integrated digital health and education technologies through collaborations with companies like Exxat Inc. and Limber Health.

AI-Driven Capabilities

Specific details regarding AI-driven capabilities are not publicly disclosed.

Leadership Team

Executive Profiles

Mark Kaufman: Founder and Executive Chairman. Mark founded Athletico in 1991 and has overseen its growth from a single clinic to over 900 locations. He holds a Bachelor of Science in Athletic Training and Physical Education from the University of Iowa and a Master of Science in Exercise and Sports Sciences from the University of Arizona.

Dan Guill: Chief Executive Officer. Dan joined Athletico in 2021, bringing extensive experience in healthcare operations. Prior to Athletico, he served as CEO of Enlivant and held various leadership roles at Fortress, Performant, and Thomas Weisel Partners. He holds a B.A. from Davidson College and an MBA from Harvard Business School.

Competitor Profile

Market Insights and Dynamics

The U.S. physical therapy industry is valued at $53 billion and is experiencing growth due to increasing demand for outpatient care. Athletico operates in a competitive landscape with several key players.

Competitor Analysis

ATI Physical Therapy: Founded in 1996, ATI is a significant competitor with a large network of clinics and a broad range of services.

Reliant Rehabilitation: Established in 2002, Reliant offers a variety of rehabilitation services and operates numerous facilities across the country.

STEP Therapies: Founded in 2007, STEP Therapies provides comprehensive rehabilitation services and has a growing presence in the market.

Strategic Collaborations and Partnerships

Athletico has formed strategic partnerships with organizations such as Exxat Inc. and Limber Health to integrate digital health and education technologies into its services.

Operational Insights

Athletico's extensive network of over 900 locations across 25 states and the District of Columbia provides a significant competitive advantage, enabling the company to offer scalable solutions for multiple regional clinics and enterprise-wide health initiatives.

Strategic Opportunities and Future Directions

Athletico's strategic roadmap includes: