PT360 — A Cooperative Physical Therapy Practice

Can a health care practice be democratic, worker-owned—and still grow and compete?

Summary

PT360 is Vermont’s largest independent physical therapy provider. While the $40 billion U.S. physical therapy sector grows increasingly consolidated, PT360 took a different path. The for-profit practice was designed as a worker cooperative--sharing ownership, decision making voice, and profits broadly among its worker owners. This case study shows: PT360 sustained rapid growth and profitability as a democratic worker-owned business.