Welcome to our dedicated page for US Physical Therapy news (Ticker: USPH), a resource for investors and traders seeking the latest updates and insights on US Physical Therapy stock.
US Physical Therapy Inc (symbol: USPH) is a publicly traded company specializing in outpatient physical and occupational therapy services. With a footprint in over 40 states, the company operates hundreds of clinics offering acute, post-operative, and preventative care for a variety of orthopedic and neurologic disorders, including sports and work-related injuries.
US Physical Therapy's unique business model features partnerships with therapists who participate in the clinic's profits, promoting high standards of care and operational efficiency. The company also expands its reach by acquiring existing physical therapy practices, integrating them into its expansive network.
The primary services offered by US Physical Therapy include pre-and post-operative care, rehabilitation for injured workers, sports injury treatment, and neurological disorder therapy. The clinics serve a wide array of patients and are primarily reimbursed through managed care programs, commercial health insurance, Medicare/Medicaid, workers' compensation insurance, and personal injury settlements.
The firm operates in two main segments: Physical Therapy Operations and Industrial Injury Prevention Services, with the majority of its revenue generated from the Physical Therapy Operations segment. The company prides itself on delivering high-quality care that helps patients achieve better outcomes and improved quality of life.
Recent achievements include the expansion into new states and continuous improvements in patient care protocols. The company maintains a solid financial condition and has established numerous partnerships to enhance its service offerings and market reach.
For those looking to stay updated on US Physical Therapy Inc's performance, recent developments, and company news, StockTitan provides comprehensive coverage and insights.
U.S. Physical Therapy, Inc. (USPH) reported a strong first quarter for 2021, with Operating Results of $0.64 per share, significantly up from $0.30 in Q1 2020. Adjusted EBITDA rose to $15.6 million, a $7.6 million increase year-over-year. Although net patient revenues slightly decreased to $99.2 million, total revenue remained stable at approximately $112 million. March 2021 was a record month with peak metrics across visits and revenue. The company also reinstated dividends at $0.35 per share and raised earnings guidance for 2021 to a range of $2.68 to $2.78 per share.
U.S. Physical Therapy, Inc. (NYSE: USPH) will release its financial results for Q1 2021 on May 6, 2021, before the market opens. Management will hold a conference call at 10:30 AM Eastern to discuss the results. The company operates 558 outpatient physical therapy clinics across 39 states, providing care for various orthopedic disorders, sports-related injuries, and rehabilitation services. Additionally, it manages 40 facilities for third parties and offers industrial injury prevention services.
U.S. Physical Therapy, Inc. (USPH) has made its first acquisition of 2021, acquiring 70% of a five-clinic physical therapy practice for $11.9 million. The practice generates approximately $7.0 million in annual revenue and has around 46,000 patient visits per year. CEO Chris Reading expressed optimism about the partnership's growth potential, noting record-high volume and revenue achieved in 2020 despite challenges posed by the pandemic. This acquisition highlights USPH's commitment to expanding its outpatient physical therapy services.
U.S. Physical Therapy, Inc. (NYSE: USPH) announces CEO Chris Reading and CFO Carey Hendrickson will present at the virtual Oppenheimer 31st Annual Healthcare Conference on March 16, 2021, at 3:50 PM ET. They will provide an overview of the company, which operates 553 outpatient clinics across 39 states, offering care for orthopedic and sports-related injuries, neurological conditions, and workers' rehabilitation. USPH also manages 39 facilities for third parties and delivers industrial injury prevention services. For more details, visit www.usph.com.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced that CEO Chris Reading and CFO Carey Hendrickson will present at the virtual Barclays Global Healthcare Conference on March 9, 2021, at 3:00 PM ET. The presentation will provide an overview of the Company, which operates 553 outpatient clinics across 39 states, focusing on orthopedic and neurological injuries, as well as rehabilitation services. The Company's investor presentation is available on their website at www.usph.com.
U.S. Physical Therapy (USPH) reported mixed results for the year ended December 31, 2020. Operating Results, including Relief Funds, rose to $38.4 million, or $2.99 per diluted share, from $36.0 million in 2019. However, net revenues decreased from $482 million in 2019 to $423 million in 2020, primarily due to a 13.8% decline in patient revenues. The company experienced an increase in patient volumes in late 2020, nearing pre-pandemic levels. USPH reinstated a quarterly dividend of $0.35 per share and has acquired a three-clinic practice to expand operations.
U.S. Physical Therapy (NYSE: USPH) announced it will release its financial results for the fourth quarter and full year ended December 31, 2020, on February 25, 2021, before market opening. A conference call is scheduled for the same day at 10:30 am Eastern to discuss these results. The company operates 554 outpatient physical therapy clinics across 39 states, providing various services including orthopedic and neurological care. Additionally, it manages 38 facilities for third parties and offers industrial injury prevention services.
U.S. Physical Therapy, Inc. (NYSE: USPH) will participate in the virtual Southwest IDEAS Investor Conference on November 18, 2020. CEO Chris Reading and CFO Carey Hendrickson will present, with the webcast scheduled to commence at 7:00 am CST. Interested parties can access the presentation through the conference portal or the IDEAS conference website. Founded in 1990, U.S. Physical Therapy operates 548 clinics across 39 states, offering treatment for orthopedic disorders, sports-related injuries, and more. For further details, the investor presentation will also be available on the company's website.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced its participation in the Jefferies Virtual London Healthcare Conference on November 17, 2020. CEO Chris Reading and CFO Carey Hendrickson will present an overview of the Company. U.S. Physical Therapy operates 548 outpatient physical therapy clinics across 39 states, offering services for orthopedic and neurological injuries, rehabilitation, and workplace injury prevention. Additional details can be found on their website at www.usph.com.
U.S. Physical Therapy (NYSE: USPH) announced that CEO Chris Reading and CFO Carey Hendrickson will present at the 29th Annual Credit Suisse Virtual Healthcare Conference on November 10, 2020. This presentation will provide an overview of the company, which operates 548 outpatient physical therapy clinics across 39 states, offering services for orthopedic-related disorders and sports injuries. The company also manages 38 facilities for third parties and has an industrial injury prevention business.
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