Phoenix Rehabilitation and Health Services

Phoenix Rehabilitation and Health Services, Inc., now operating as Phoenix Physical Therapy, was established in 1997 by a group of physical therapists, including David D. Watson, who served as President and CEO. The founders aimed to create a company that prioritized both exceptional patient care and a desirable work environment for clinicians. Headquartered in Cranberry Township, Pennsylvania, the company operates as a privately held network of outpatient physical therapy centers.

The company's business model is centered on providing direct, one-on-one patient care in community-based clinics. Revenue is generated by offering a range of rehabilitation services, including physical therapy, occupational therapy, athletic training, and massage therapy. A specialized division, WorkPlace Health (WPH), caters to corporate clients by providing occupational health services like injury care, case management, and various physical examinations. Phoenix primarily serves patients in need of treatment and prevention for injuries and disabilities, addressing conditions such as headaches, arthritis, and chronic pain. The business operates through an extensive network of over 115 outpatient clinics across multiple states, including Pennsylvania, Virginia, Alabama, Delaware, Maryland, Michigan, and others.

A significant milestone in the company's financial history was its acquisition by Audax Private Equity from 3 Rivers Capital in December 2018. This partnership was sought to leverage Audax's resources for expansion. Phoenix has pursued a growth strategy that includes both the opening of new clinics and the acquisition of existing practices. Notable acquisitions include Physical Therapy etc. in January 2020, Colorado Athletic Conditioning Clinic in March 2020, and three more practices—Montgomery East, Atlantic Physical Therapy, and Advanced Physical Therapy Center—in late 2020, which expanded its footprint into Michigan. In September 2020, the company rebranded from PHOENIX Rehabilitation & Health Services, Inc. to Phoenix Physical Therapy to better reflect its core services.

Keywords: physical therapy, outpatient rehabilitation, occupational health, athletic training, sports medicine, workers' compensation services, corporate health, musculoskeletal care, pain management, post-surgery rehab, manual therapy, orthopedic rehabilitation, clinic network, healthcare services, patient care, Audax Private Equity, David D. Watson, WorkPlace Health, injury prevention, chronic pain treatment