Welcome to our dedicated page for U S Physical Therapy news (Ticker: USPH), a resource for investors and traders seeking the latest updates and insights on U S 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. (NYSE: USPH) will participate in two major investor conferences: the 13th Annual Southwest IDEAS Investor Conference on November 17, 2021, and the Jefferies London Healthcare Virtual Conference on November 18, 2021. Chris Reading (CEO) and Carey Hendrickson (CFO) will present an overview of the Company at these events. Founded in 1990, USPH operates 583 clinics across 39 states, specializing in orthopedic care, sports injuries, and rehabilitation services. For more details, visit www.usph.com.
U.S. Physical Therapy, Inc. (NYSE: USPH) will have its CFO, Carey Hendrickson, speak at the Credit Suisse 30th Annual Virtual Healthcare Conference on November 8, 2021. The presentation aims to provide an overview of the Company, which operates 583 outpatient physical therapy clinics across 39 states. The clinics specialize in preventative and post-operative care related to orthopedic issues, sports injuries, and worker rehabilitation, alongside offering industrial injury prevention services. The investor presentation is available on the Company's website.
U.S. Physical Therapy (USPH) reported robust financial results for the third quarter of 2021, with net income of $10.0 million, down from $10.9 million in Q3 2020, but higher than $9.0 million in Q3 2019. Net revenue rose to $125.9 million, a 15.6% increase from the previous year. Patient visits were up 19.9% year-over-year, contributing to net patient revenue of $112.3 million, a 16.5% increase. This quarter marked the highest industrial injury prevention services revenue at $10.5 million. A quarterly dividend of $0.38 was declared, reflecting strong operational performance.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced it will release its financial results for Q3 and the nine months ending September 30, 2021, on November 4, 2021, before the market opens. A conference call will be held on the same day at 10:30 am Eastern to discuss these results. With 579 outpatient clinics in 39 states, USPH provides essential services including injury prevention and rehabilitation. Interested parties can listen live via their website or join the call using the provided dial-in number and conference ID.
U.S. Physical Therapy, Inc. (USPH) has announced the acquisition of a company enhancing its industrial injury prevention services. The acquired firm specializes in return-to-work and ergonomic services, generating over
U.S. Physical Therapy, Inc. (NYSE: USPH) announced that Carey Hendrickson, CFO, will present at the Sidoti 2021 Fall Virtual Small Cap Investor Conference on September 22, 2021. The presentation will provide an overview of the Company, which operates 578 outpatient physical therapy clinics across 38 states, offering a wide range of services including rehabilitation for orthopedic and neurological injuries. For more information, the investor presentation is available on the Company's website at www.usph.com.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced that CEO Chris Reading will present at the 14th Annual Barrington Research Virtual Fall Investment Conference on September 9, 2021. The presentation will provide an overview of the company, which operates 577 outpatient physical therapy clinics across 39 states. U.S. Physical Therapy specializes in preventative and post-operative care for orthopedic disorders, sports injuries, and rehabilitation for injured workers. For further information, the investor presentation is accessible on the company’s website.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced that CEO Chris Reading and CFO Carey Hendrickson will present at the 12th Annual Midwest IDEAS Investor Virtual Conference on August 25, 2021. The presentation will provide an overview of the Company, which operates 577 outpatient physical therapy clinics across 39 states, offering a range of services including orthopedic care, sports injury treatment, and industrial injury prevention. For additional information, the investor presentation is available on the Company's website, www.usph.com.
U.S. Physical Therapy (USPH) reported strong results for the second quarter ended June 30, 2021. Operating Results per diluted share reached a record $0.96, a 146.2% increase from $0.39 in Q2 2020. Net revenues soared to $126.9 million, up 51.4% year-over-year. Adjusted EBITDA also set a record at $21.8 million, increasing 14.5% from the prior year. Average clinic visits per day hit 30, the highest ever for the company. The board increased the quarterly dividend by 8.6% to $0.38 per share and raised 2021 earnings guidance to $3.05 to $3.15 per share.
U.S. Physical Therapy (NYSE: USPH) will release its financial results for Q2 and six months ended June 30, 2021, on August 5, 2021, prior to market opening. Management will host a conference call at 10:30 AM Eastern. The company operates 575 clinics in 39 states, offering outpatient physical therapy and industrial injury prevention services. These include injury prevention, rehabilitation, and ergonomic assessments for clients. Details for participating in the conference call are provided.
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