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US Physical Therapy Inc - USPH STOCK NEWS

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.

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U.S. Physical Therapy (NYSE: USPH), a leading national operator of outpatient physical therapy clinics, announced that its CFO, Carey Hendrickson, will present at the Jefferies Global Healthcare Conference on June 5, 2024. Founded in 1990, U.S. Physical Therapy operates 683 clinics across 42 states, providing a range of services including orthopedic, sports, and neurological rehabilitation. The company also manages 41 third-party facilities and offers industrial injury prevention services. The presentation will provide an overview of the company's operations and strategic initiatives.

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U.S. Physical Therapy, Inc. (USPH) will be presenting at the Bank of America Securities Healthcare Conference 2024. The company, operating since 1990, runs 684 outpatient physical therapy clinics in 42 states, focusing on orthopedic, sports, neurological injuries, and industrial injury prevention services. The presentation by CEO Chris Reading and CFO Carey Hendrickson will provide an overview of the company's operations. USPH also manages physical therapy facilities for third parties and offers industrial injury prevention services. For more information, visit www.usph.com.

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U.S. Physical Therapy, Inc. reported first-quarter 2024 results, highlighting a decrease in Adjusted EBITDA due to Medicare rate reductions and adverse weather. Despite this, net income increased, total revenue from physical therapy operations grew, and the company added new clinics. Industrial injury prevention services revenue also increased. Management raised full-year 2024 guidance to $82.5 million to $87.5 million. The company declared a dividend of $0.44 per share.

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U.S. Physical Therapy, Inc. (

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U.S. Physical Therapy, Inc. (NYSE: USPH) has scheduled its first quarter 2024 earnings release and conference call for May 7, 2024. The financial results for the quarter ended March 31, 2024, will be reported after the stock market closes, with the conference call set for the next morning on May 8, 2024.
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U.S. Physical Therapy, Inc. (USPH) acquires a physical therapy and hand therapy practice with nine clinic locations, investing $16.4 million for a 50% equity interest. The practice generates $11.4 million in annual revenues and 65,000 annual visits. CEO Chris Reading highlights the strategic partnership.
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U.S. Physical Therapy, Inc. (USPH) addresses the 3.5% reduction in the Medicare physician fee schedule for therapy services for 2024 in the Consolidated Appropriations Act, 2024. The Act decreases the reduction to approximately 1.8%, not retroactive to January 1, 2024. This change is estimated to increase revenue by $2.3 million and EBITDA by $2.0 million for the company, resulting in a total revenue reduction of $3.7 million and EBITDA reduction of $3.3 million for full year 2024.
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U.S. Physical Therapy, Inc. (USPH) CFO to present at Oppenheimer Healthcare MedTech & Services Conference. Investor presentation available on the website.
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US Physical Therapy, Inc. (USPH) reported financial highlights for the fourth quarter and full year 2023. Adjusted EBITDA increased to $77.7 million, Operating Results rose to $36.3 million. Net income was $28.2 million for 2023. The company added 46 new clinics and closed 15 in 2023, raising the total clinic count to 671. Management expects Adjusted EBITDA for 2024 to be in the range of $80 million to $85 million.
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U.S. Physical Therapy, Inc. (USPH) will report its Q4 and year-end financial results on February 28, 2024, followed by a conference call on February 29, 2024. The company is a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services.
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FAQ

What is the current stock price of US Physical Therapy (USPH)?

The current stock price of US Physical Therapy (USPH) is $82.51 as of November 5, 2024.

What is the market cap of US Physical Therapy (USPH)?

The market cap of US Physical Therapy (USPH) is approximately 1.2B.

What services does US Physical Therapy Inc offer?

US Physical Therapy offers outpatient physical and occupational therapy, including pre-and post-operative care, sports injury treatment, and rehabilitation for injured workers.

How does US Physical Therapy's partnership model work?

US Physical Therapy's clinics are developed and operated through partnerships with therapists who share in the clinic's profits, ensuring high standards of care.

What are the primary sources of payment for US Physical Therapy's services?

The primary sources of payment include managed care programs, commercial health insurance, Medicare/Medicaid, workers' compensation insurance, and personal injury settlements.

How many states does US Physical Therapy operate in?

US Physical Therapy operates in over 40 states across the United States.

What are the main segments of US Physical Therapy's operations?

The main segments are Physical Therapy Operations and Industrial Injury Prevention Services.

Does US Physical Therapy acquire existing practices?

Yes, US Physical Therapy expands its network by acquiring existing physical therapy practices.

What types of injuries and conditions does US Physical Therapy treat?

They treat orthopedic and neurologic disorders, sports and work-related injuries, providing acute, post-operative, and preventative care.

What recent achievements has US Physical Therapy made?

Recent achievements include expanding into new states and improving patient care protocols.

Where can I find the latest news about US Physical Therapy?

You can find the latest news and updates on StockTitan, covering US Physical Therapy's performance, events, and developments.

What is the financial condition of US Physical Therapy?

US Physical Therapy maintains a solid financial condition, continually enhancing its service offerings and market reach through strategic partnerships.

US Physical Therapy Inc

NYSE:USPH

USPH Rankings

USPH Stock Data

1.24B
15.07M
1.63%
103.26%
3.91%
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United States of America
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