ATI Physical Therapy, Inc.

ATI Physical Therapy, Inc.

ATIP-WT
ATI Physical Therapy, Inc.US flagNew York Stock Exchange
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Healthcare
Industry
Medical - Care Facilities
Address
Business
ATI Physical Therapy, Inc. (ATIP-WT) operates as a leading provider of outpatient physical therapy and rehabilitation services across the United States, delivering evidence-based treatments through a network of over 900 clinics in 24 states and virtual care options. Founded in 1996 as Assessment Technologies Inc. in Willowbrook, Illinois, the company, headquartered in Downers Grove, Illinois, offers core services including physical therapy for spine, shoulder, knee, neck injuries and pain; work injury rehabilitation such as work conditioning, work hardening and hand therapy; aquatic therapy, functional capacity evaluations, sports medicine programs encompassing on-site physical therapy, clinical evaluation, emergency care, nutrition and concussion management; women's and men's pelvic health therapy; specialty services like concussion therapy, hydrotherapy, limb loss rehabilitation, oncology rehabilitation, pediatric physical therapy and vestibular therapy; ATI worksite solutions featuring injury prevention, work-related injury assessments, wellness offerings and employer consultations; as well as management service agreements with electronic medical records integration, caseload management and continuing education. ATI serves diverse patient populations from athletes and workers' compensation cases to individuals managing chronic conditions like arthritis or post-surgical recovery, utilizing standardized clinical guidelines, team-based care, therapeutic exercises, manual therapy and strength training. In August 2025, ATI transitioned to private ownership through a merger led by Knighthead Capital Management and Marathon Asset Management alongside existing stockholders holding over 90% of voting shares, acquiring remaining shares at $2.85 per share to enhance operational agility and long-term growth while retaining its brand, leadership and headquarters. Earlier in March 2025, the company secured $26 million in second-lien PIK convertible note financing to bolster its financial position and support strategic initiatives amid prior challenges like wage inflation and clinic optimizations.