The Physical Therapy Clinic

How these numbers were built: occupation wages and the employment outlook for physical therapists come from the U.S. Bureau of Labor Statistics (SOC 29-1123); clinic counts and industry size come from the U.S. Census Bureau (NAICS 621340, Offices of Physical, Occupational and Speech Therapists and Audiologists); clinical and practice context comes from the American Physical Therapy Association; financing terms and the size standard come from the SBA 7(a) program; and survival and entry/exit signals come from the Census Bureau’s Business Dynamics Statistics. Visit volume follows APTA’s practice profile (about 40 to 51 visits a week for private-practice therapists), collections per visit follow disclosed clinic deals, and the margin band follows observed clinic-level operating margins in PT practice sales. These are starting assumptions; the moment you enter a real clinic’s visit volume, payer mix, collected reimbursement per visit, and labor costs, your numbers should replace ours. Figures are current as of 2025-2026 and refreshed as the sources update.

Therapist pay is anchored to the BLS median for physical therapists ($101,020, May 2024) plus taxes and benefits; the margin band follows clinic-level operating margins of about 12 to 22% observed in PT practice sales (CT Acquisitions); visits per therapist follow APTA’s practice profile. Cash-pay share, days in A/R and revenue per therapist are directional industry patterns rather than a single cited study.