Doctors of Physical Therapy Company Profile
Background
Overview
Doctors of Physical Therapy (DPT) is a privately held healthcare services company specializing in outpatient physical therapy and on-site industrial and injury prevention services. Founded in 2005 by Dr. Aaron N. Kraai, PT, DPT, the company is headquartered in Naperville, Illinois. DPT operates clinics across the Midwest and has expanded its services to multiple states through strategic partnerships.
Mission and Vision
DPT's mission is to deliver the highest quality, evidence-based care to all patients. The company envisions becoming a leading provider of physical therapy services by employing doctorate-level therapists and delivering exceptional one-on-one care.
Primary Area of Focus
DPT focuses on outpatient physical therapy services, including injury prevention, sports performance, workers' compensation, work conditioning, pre-surgical conditioning, post-surgical rehabilitation, joint pain, sciatica, balance problems, jaw/facial pain, neck/back pain, and hand therapy.
Industry Significance
As a therapist-owned and operated company, DPT emphasizes high-quality, patient-centered care, distinguishing itself in the competitive physical therapy market. Its expansion into multiple states and partnerships with large employers highlight its growing influence in the healthcare services industry.
Key Strategic Focus
Core Objectives
- Provide high-quality, evidence-based physical therapy services.
- Expand clinic locations across the Midwest and into new states.
- Develop and implement on-site industrial and injury prevention programs.
Specific Areas of Specialization
- Injury prevention
- Sports performance
- Workers' compensation
- Work conditioning
- Pre-surgical and post-surgical rehabilitation
- Management of joint pain, sciatica, balance problems, jaw/facial pain, neck/back pain, and hand therapy
Key Technologies Utilized
DPT employs evidence-based treatment protocols and may utilize advanced therapeutic equipment and technologies to enhance patient outcomes. Specific technologies are not detailed in the available sources.
Primary Markets Targeted
DPT serves a diverse patient base, including individuals with musculoskeletal issues, athletes, and those recovering from surgery. The company also offers on-site services to large employers across multiple states.
Financials and Funding
Funding History
DPT has undergone several funding rounds, including private equity investments. Notably, in January 2020, Petra Capital Partners acquired a majority stake in DPT, and in January 2025, Empower Physical Therapy partnered with DPT, expanding its services to Arizona, California, Louisiana, and Texas.
Total Funds Raised
Specific details regarding the total funds raised by DPT are not publicly disclosed.
Notable Investors
- Petra Capital Partners
- Empower Physical Therapy
Intended Utilization of Capital
The capital raised has been utilized for expansion into new markets, development of on-site industrial programs, and enhancement of clinical services.
Pipeline Development
DPT's strategic initiatives include expanding its network of outpatient clinics and on-site industrial programs. The partnership with Empower Physical Therapy in January 2025 is a significant milestone, enabling DPT to serve nearly 1 million visits across 11 states and drive national growth.
Technological Platform and Innovation
Proprietary Technologies
While specific proprietary technologies are not detailed in the available sources, DPT emphasizes evidence-based treatment protocols and may utilize advanced therapeutic equipment to enhance patient outcomes.
Significant Scientific Methods
DPT employs evidence-based treatment protocols to ensure high-quality care.
Leadership Team
Aaron N. Kraai, PT, DPT
- Position: Founder and Chief Executive Officer
- Professional Background: Dr. Kraai founded DPT in 2005, aiming to provide high-quality, patient-centered physical therapy services.
Jonathan Bender
- Position: Chief Operations Officer
- Professional Background: Details regarding Mr. Bender's professional background are not specified in the available sources.
Brian Schuman
- Position: Vice President of Acquisition Integration
- Professional Background: Specific information about Mr. Schuman's professional background is not provided in the available sources.
Tim Busa
- Position: Vice President of Business Development
- Professional Background: Details about Mr. Busa's professional background are not available in the provided sources.
Marilyn Huber
- Position: Vice President, National Accounts
- Professional Background: Information regarding Ms. Huber's professional background is not specified in the available sources.
Ashleigh Schemenaur
- Position: Vice President of Revenue Cycle Management
- Professional Background: Specific details about Ms. Schemenaur's professional background are not provided in the available sources.
Jeff Valentini
- Position: Vice President of Operations - Illinois
- Professional Background: Information regarding Mr. Valentini's professional background is not specified in the available sources.
