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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. (NYSE: USPH) will report its financial results for the first quarter ended March 31, 2023 on May 3, 2023, after market close. A conference call to discuss the results is scheduled for May 4, 2023, at 10:30 am Eastern / 9:30 am Central. Investors can join via phone at (800) 895-3361 or (785) 424-1062, using the conference ID USPHQ123. U.S. Physical Therapy operates 647 outpatient clinics across 40 states, offering a range of services including injury prevention and rehabilitation. Details for accessing the live call and subsequent playback are available on their official website.
U.S. Physical Therapy, Inc. (NYSE: USPH) has announced that Chief Financial Officer Carey Hendrickson and Chief Operating Officer Eric Williams will present at the Oppenheimer 33rd Annual Healthcare Virtual Conference on March 13, 2023. The presentation will provide an overview of the Company's operations, which include 645 outpatient physical therapy clinics across 40 states, specializing in orthopedic and neurological care. The company also manages 36 facilities for third parties and offers industrial injury prevention services.
For more details, the investor presentation is available on U.S. Physical Therapy's website: www.usph.com.
U.S. Physical Therapy, Inc. (USPH) has acquired 80% of a physical therapy practice for approximately
This acquisition aligns with USPH's strategic expansion goals in the outpatient physical therapy sector.
U.S. Physical Therapy (USPH) reported its 2022 financial results with a 2.8% increase in Adjusted EBITDA to $17.9 million in Q4 and a slight decline of 0.2% year-over-year to $73.7 million. Net income for Q4 dropped to $2.6 million from $10.2 million, impacted by a $4.8 million goodwill impairment charge. Full-year revenue rose 11.7% to $553.1 million, driven by a 6.0% increase in net patient revenue, totaling $464.6 million. Despite challenges, patient volumes remained strong, with a 6.2% rise in total visits. The board increased the quarterly dividend by 4.9%, reflecting confidence in future performance, with 2023 Adjusted EBITDA guidance set between $75 million and $80 million.
U.S. Physical Therapy, Inc. (USPH) announced its financial results for the fourth quarter and full year 2022. Key figures include a reported total revenue of $141.2 million for Q4 2022, up 8.7% year-over-year, and net patient revenue of $120.1 million, increasing by 5.8%. Adjusted EBITDA for Q4 2022 was $17.9 million, a slight increase, while net income attributable to shareholders dropped to $2.6 million from $10.2 million in Q4 2021, influenced by a $4.8 million goodwill impairment charge. The company's board raised the quarterly dividend by 4.9% to $0.43 per share and provided guidance for 2023 with projected Adjusted EBITDA of $75.0-$80.0 million.
U.S. Physical Therapy, Inc. (NYSE: USPH) will report its financial results for the fourth quarter and full year ending December 31, 2022, on February 22, 2023, after market close. A conference call will occur the following day, February 23, 2023, at 10:30 AM Eastern/9:30 AM Central. Investors can join the call using the dial-in number (866) 952-8559, with Conference ID: USPHQ422. U.S. Physical Therapy operates 640 outpatient clinics across 40 states, providing services for orthopedic disorders, injuries, and rehabilitation. Founded in 1990, they also manage facilities for third parties and offer industrial injury prevention services.
U.S. Physical Therapy (NYSE: USPH) announced its participation in the 41st Annual J.P. Morgan Healthcare Conference on January 12, 2023. CEO Chris Reading and CFO Carey Hendrickson will present an overview of the company, which operates 640 outpatient physical therapy clinics across 40 states. The clinics focus on preventative and post-operative care, treating orthopedic and sports-related injuries, and providing rehabilitation services. An investor presentation is available on the company's website.
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