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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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ATI Physical Therapy announces the opening of its 68th clinic in Germantown, Maryland. The new location aims to provide high-quality physical therapy services and treatment to the residents of Germantown and the surrounding areas. The clinic will offer services such as Sports Therapy, Women's Health PT, Hand Therapy, and Worker's Comp Rehab. ATI Physical Therapy is dedicated to improving and sustaining musculoskeletal health through better movement. The opening will be celebrated with a ribbon-cutting ceremony on November 2.
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ATI Physical Therapy, Inc. will release their third quarter 2023 financial results on November 6, 2023, after the market closes. A conference call will be held to review the results at 5 p.m. ET on the same day.
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ATI Physical Therapy opens its 55th clinic in Seneca, South Carolina, aiming to provide high-quality physical therapy services to the residents. The company plans to celebrate the grand opening with a ribbon cutting ceremony.
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ATI Physical Therapy opens new clinic in Johns Creek, Georgia, marking its 15th clinic in the state. Provides high-quality care and personalized service. Celebrates grand opening with ribbon-cutting event on September 20.
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ATI Physical Therapy announces the opening of two new locations in Pennsylvania, bringing its total number of clinics in the state to 52. The expansion aims to provide more access to high-quality care for Lower Bucks County residents. The company specializes in evidence-based, hands-on care for musculoskeletal health.
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ATI Physical Therapy, Inc. (NYSE: ATIP) reported a 3.2% increase in net revenue to $172.3 million and a 5.5% year-over-year increase. Adjusted EBITDA was $9.3 million, representing a significant improvement from the first quarter. The company expects 2023 net revenue to reach $680-695 million, with Adjusted EBITDA in the range of $30-36 million.
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ATI Physical Therapy announces strategic partnership with Genie Health to create a hybrid-care model combining virtual physical therapy with hands-on care in over 900 clinics. The partnership aims to expand ATI's digital care capabilities and add remote monitoring through Genie Health's AI-driven platform.
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ATI Physical Therapy, Inc. (ATI) received a notice from the NYSE stating that it no longer satisfies the continued listing standards. The notice cited that ATI's average market capitalization over a consecutive 30-day period was less than $50 million and its last reported stockholders' equity was less than $50 million. ATI has 45 days to submit a business plan to bring it into compliance within 18 months. During this period, ATI's common stock will continue to be listed and traded on the NYSE.
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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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