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ATI Physical Therapy, Inc. - ATIP STOCK NEWS

Welcome to our dedicated page for ATI Physical Therapy news (Ticker: ATIP), a resource for investors and traders seeking the latest updates and insights on ATI Physical Therapy stock.

ATI Physical Therapy, Inc. (NYSE: ATIP) is a leading outpatient orthopedic private practice established in 1996. With a commitment to high-quality rehabilitation services, ATI has grown to over 500 clinic locations across the United States. The company offers a comprehensive range of services including physical therapy, aquatic therapy, hand therapy, sports medicine, work conditioning/hardening, industrial health services, and women's health. ATI's unique approach emphasizes hands-on, one-to-one care, making it a standout in the rehabilitation industry.

ATI was named the "Best Physical Therapy Practice" in the nation by Advance Magazine, excelling in areas such as patient care, employee training, and community presence. The company's dedication to patient-centered, evidence-based services has contributed to its rapid expansion and strong community impact.

In recent developments, ATI has been actively expanding its clinic footprint, including the opening of its 40th clinic in Massachusetts and a new state-of-the-art facility in Kirkland, Washington. Additionally, ATI has launched The Institute for Musculoskeletal Advancement (iMSKA), aimed at advancing scientific research and providing resources for practicing professionals. iMSKA focuses on improving clinical care through research on post-operative and non-operative outcomes, early access to care, and value-based care models.

Financially, ATI has shown strong performance. In Q4 2023, the company exceeded its revenue and adjusted EBITDA guidance, driven by operational efficiency and profitability initiatives. Moving forward, ATI continues to focus on expanding patient access, enhancing community wellness, and maintaining high-quality clinical standards through its single-branded platform and virtual practice, CONNECT™.

ATI is based in Bolingbrook, Illinois, and remains dedicated to helping individuals live better, more active lives. For more information, visit ATIpt.com.

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Tom Denninger appointed as Executive Director of the Institute for Musculoskeletal Advancement (iMSKA). Founded by ATI Physical Therapy, iMSKA aims to drive musculoskeletal research and post-secondary education. Mr. Denninger will lead the Institute in equipping, training, and transforming MSK care delivery through research and post professional development. iMSKA also announces an Advisory Board comprised of industry leaders. Applications for research fellowships and specialized programs will be available soon.

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ATI Physical Therapy, Inc. will announce its first quarter 2024 financial results on May 6, 2024, after the market closes. The company, a leading outpatient physical therapy provider in the US, will host a conference call to discuss the results at 5 p.m. ET on the same day.
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ATI Physical Therapy, Inc. (ATIP) reported strong financial results for Q4 and full year 2023, beating revenue and adjusted EBITDA guidance. Net revenue increased by 12.7% YoY, with net patient revenue up by 13.6% YoY. Visits per Day and VPD per Clinic showed positive growth. However, Rate per Visit decreased quarter-over-quarter. The company closed clinics as part of its optimization strategy. Adjusted EBITDA saw a significant increase of 99.2% YoY. Net loss decreased substantially compared to the previous year. ATI opened 13 clinics and closed/divested 40 clinics in 2023. The company's leadership highlighted their successful execution of strategies and dedication to patient care.
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ATI Physical Therapy (ATIP) relocates its Kirkland, Wash. clinic to a new state-of-the-art facility, emphasizing enhanced access to care and community well-being. The grand reopening event showcases ATI's commitment to delivering exceptional physical therapy services.
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ATI Physical Therapy (ATIP) announces the formation of The Institute for Musculoskeletal Advancement (iMSKA) to drive musculoskeletal research and advance post-secondary education. iMSKA aims to contribute to scientific MSK research and clinical care with a focus on research, training, and development.
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ATI Physical Therapy, Inc. (ATIP) will release its fourth quarter and full year 2023 financial results on February 26, 2023, after the market closes. A conference call to review the results will be held at 5:00 p.m. ET on the same day.
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ATI Physical Therapy (NYSE: ATIP) opens its 40th clinic in Massachusetts, aiming to provide high-quality physical therapy services to Greater Lynn County residents and neighboring communities. The new clinic in Swampscott marks a significant milestone for ATI in expanding access to exceptional care and fostering healthier, more active lifestyles.
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ATI Physical Therapy (ATI) (NYSE: ATIP) is celebrating a decade of service to patients in the state of Michigan. The company will host a community Open House event in Auburn to commemorate its two-year anniversary in the Mid-Michigan market. Since expanding service to Michigan in 2013, ATI Physical Therapy has been dedicated to providing exceptional care, personalized treatments, and fostering healthier, more active lifestyles for individuals across the state.
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ATI Physical Therapy reports financial results for Q3 2023, showing growth in net revenue, net patient revenue, and visits per day. Rate per visit also increased, contributing to higher revenue. Salaries and related costs, as well as PT rent and other expenses, increased. Adjusted EBITDA was positive and net loss decreased compared to the previous quarter. The company opened three clinics and closed fourteen as part of its optimization initiative.
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ATI Physical Therapy has earned the 'Exceptional' rating by CMS' MIPS for quality patient care in 2022, marking the fourth consecutive year of receiving this rating. The rating is a recognition of the high-quality, patient-centric care provided by ATI's providers.
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FAQ

What is the current stock price of ATI Physical Therapy (ATIP)?

The current stock price of ATI Physical Therapy (ATIP) is $2.43 as of December 20, 2024.

What is the market cap of ATI Physical Therapy (ATIP)?

The market cap of ATI Physical Therapy (ATIP) is approximately 10.1M.

What services does ATI Physical Therapy offer?

ATI offers physical therapy, aquatic therapy, hand therapy, sports medicine, work conditioning/hardening, industrial health services, and women's health.

Where is ATI Physical Therapy located?

ATI has over 500 clinic locations across the United States, with recent expansions including Massachusetts and Washington.

What makes ATI Physical Therapy unique?

ATI emphasizes hands-on, one-to-one care and has been recognized for its comprehensive, patient-centered approach and strong community presence.

What is The Institute for Musculoskeletal Advancement (iMSKA)?

iMSKA is an institute launched by ATI focused on advancing scientific musculoskeletal research and providing resources for clinical professionals.

How did ATI perform financially in 2023?

ATI exceeded its revenue and adjusted EBITDA guidance for 2023, driven by operational efficiency and strong demand for its services.

What is ATI Physical Therapy's mission?

ATI is committed to helping people live better by providing high-quality care to prevent and treat musculoskeletal pain.

Who are the key executives at ATI Physical Therapy?

Sharon Vitti serves as CEO, while Joe Jordan is the CFO. Tom Denninger is the Executive Director of iMSKA.

How can I learn more about ATI's services?

Visit their website at ATIpt.com for a complete list of service offerings and more information.

Does ATI offer virtual physical therapy services?

Yes, ATI provides online physical therapy services through their CONNECT™ platform.

What community initiatives is ATI involved in?

ATI actively participates in community events and partnerships, such as grand openings and wellness programs in collaboration with local chambers of commerce.

ATI Physical Therapy, Inc.

NYSE:ATIP

ATIP Rankings

ATIP Stock Data

10.11M
1.97M
2.63%
64.9%
1.06%
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