Athletico Physical Therapy

Overview: Athletico Physical Therapy is a leading provider of outpatient physical therapy and rehabilitation services in the United States, with a strong presence in the Midwest and expanding reach nationwide. Founded in 1991 by Mark Kaufman, Athletico is headquartered in Oak Brook, Illinois, and operates over 900 clinics across 24 states. The company specializes in physical therapy, occupational therapy, athletic training, and a range of specialty rehabilitation services for patients of all ages, including athletes, workers, and individuals recovering from surgery or injury.[1][2][4]

Products: Athletico offers a comprehensive suite of services including orthopedic rehabilitation, concussion management, pelvic health therapy, spine health, hand therapy, work rehabilitation, and sports medicine. Their clinics are equipped to provide individualized treatment plans, utilizing evidence-based practices and advanced therapeutic modalities. Athletico also partners with schools, colleges, and professional sports teams to deliver athletic training and injury prevention programs. The company’s focus on patient-centered care is reflected in its high patient satisfaction ratings and commitment to clinical excellence.[1][2]

Market Position: Athletico is recognized as one of the largest physical therapy providers in the U.S., competing with other major players such as Select Medical and Professional Physical Therapy. With approximately 9,000 employees and annual revenues estimated at $1.2 billion, Athletico maintains a robust market position through strategic growth, acquisitions, and a reputation for quality care. The company is backed by BDT Capital Partners, a prominent private equity firm, which has supported its expansion and operational improvements.[1][2]

Growth: Since its founding, Athletico has demonstrated consistent growth through organic expansion and strategic acquisitions. The company has steadily increased its clinic count, entering new markets and broadening its service offerings. Recent news highlights Athletico’s sale of Pivot Onsite Innovations, a subsidiary focused on workplace health clinics, to Concentra in April 2025, allowing Athletico to refocus on its core outpatient therapy business.[1] The company continues to seek opportunities for expansion, targeting high-growth metropolitan areas and underserved communities.

Real Estate: Athletico’s real estate strategy emphasizes high-visibility, accessible locations in dense infill areas, often at hard-corner parcels with strong traffic counts and proximity to schools and national retailers. Typical clinics range from 2,000 to 5,000 square feet, with requirements for ample parking and easy access. The company prefers sites with multiple access points, signalized intersections, and strong daytime population. Real estate decisions are corporately guaranteed by Athletico Management, LLC, ensuring long-term stability for landlords and investors. Recent listings, such as the Rockford, IL clinic, demonstrate Athletico’s commitment to long-term leases and site renewals, underscoring its reliability as a tenant.[3]