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U.S. Physical Therapy, Inc. - USPH STOCK NEWS

Welcome to our dedicated news page for U.S. Physical Therapy (Ticker: USPH), a resource for investors and traders seeking the latest updates and insights on U.S. Physical Therapy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect U.S. Physical Therapy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of U.S. Physical Therapy's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
none
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Rhea-AI Summary
U.S. Physical Therapy, Inc. (USPH) CFO to present at Oppenheimer Healthcare MedTech & Services Conference. Investor presentation available on the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
conferences
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.41%
Tags
earnings
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
earnings
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Rhea-AI Summary
U.S. Physical Therapy, Inc. (NYSE: USPH) announced CEO Chris Reading and CFO Carey Hendrickson will present at the 42nd Annual J.P. Morgan Healthcare Conference on January 10, 2024, providing an overview of the company. The investor presentation is available on www.usph.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
conferences
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Rhea-AI Summary
USPH: U.S. Physical Therapy, Inc. to Participate in Investment Conferences on November 15, 2023, Releases Investor Presentation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
conferences
Rhea-AI Summary
USPH Reports Record-High Third Quarter Patient Volume, Net Revenue Increases by 7.5%, Operating Costs Increase by 8.2%
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
Tags
earnings
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Rhea-AI Summary
U.S. Physical Therapy, Inc. (USPH) has acquired an industrial injury prevention (IIP) services and ergonomics software business through its subsidiary Briotix Health Limited Partnership. The acquisition, valued at $4.0 million, will enhance Briotix's offerings to customers and is expected to contribute approximately $2.6 million in annual revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
acquisition
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Rhea-AI Summary
U.S. Physical Therapy, Inc. to report Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
Rhea-AI Summary
USPH acquires two physical therapy practices in Alaska and Colorado, expanding presence. Combined annual revenues of $7.2M and 48,000 visits. In the last 12 months, USPH acquired 8 practices with 44 clinics, generating $39M in revenue for $72.5M. Positive outlook for potential acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
acquisition
U.S. Physical Therapy, Inc.

NYSE:USPH

USPH Rankings

USPH Stock Data

1.67B
14.79M
1.84%
105.43%
5.24%
All Other Outpatient Care Centers
Health Care and Social Assistance
Link
US
Houston

About USPH

u.s. physical therapy is a publicly held company that operates hundreds of outpatient physical and occupational therapy clinics in over 40 states. the company's clinics provide acute, post-operative, and preventative care for a variety of orthopedic and neurologic disorders including sports and work related injuries. the unique nature of the company is its operating structure - the company's clinics are developed and operated through partnerships with therapists who share in the clinic's profits. in addition to the therapist partnership model, u.s. physical therapy also buys into existing physical therapy practices.