An adjustable rehabilitation and exercise device, including a rotary member rotatable on a hub and having a plurality of elongated and spaced apart elongated mount receivers defined thereon; a mount selectively and movably positionable on a selected one of the mount receivers of the rotary member to select an angular location of the mount, the mount including a sliding member movably positionable along the selected mount receiver to a selected radial location along the selected mount receiver to select a radial location of the mount relative to the hub; and a patient engagement member connectable to the mount and movable with the mount.