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.
U S Physical Therapy, Inc. (NYSE: USPH) operates one of the nation's largest networks of outpatient rehabilitation clinics, specializing in physical/occupational therapy and injury prevention. This page serves as the definitive source for corporate announcements, financial disclosures, and operational developments impacting the healthcare provider.
Investors and industry observers will find timely updates on earnings reports, clinic acquisitions, therapist partnership agreements, and regulatory compliance matters. The curated news collection provides insights into USPH's growth strategy within the $35B outpatient therapy market while maintaining compliance with healthcare regulations.
Key content categories include quarterly financial results, new clinic openings, management team updates, insurance partnership announcements, and Medicare reimbursement changes. All materials are sourced directly from company filings and official press releases to ensure accuracy.
Bookmark this page for streamlined access to USPH's latest strategic initiatives and market positioning updates. Check regularly for developments affecting the company's network of 600+ clinics across 40 states.
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.
U.S. Physical Therapy (USPH) reported record third-quarter results for 2020, with operating income of $11.1 million, or $0.86 per diluted share, compared to $9.0 million, or $0.71 per share in Q3 2019. The company’s net revenues were $108.9 million, down from $117.3 million in the previous year, largely impacted by COVID-19. Adjusted EBITDA for the quarter was $19.9 million. The average patient visits per clinic daily showed improvement, reaching 26.2. USPH also recognized $8.3 million in Relief Funds under the CARES Act, aiding in its recovery efforts.
U.S. Physical Therapy (NYSE: USPH) will release its third quarter and nine months financial results on November 5, 2020, before market opening. A conference call is scheduled for the same day at 10:30 AM Eastern. The company operates 549 outpatient clinics across 39 states, providing orthopedic and neurological care, injury rehabilitation, and industrial injury prevention services. Founded in 1990, USPH also manages 38 facilities for third parties. For more details, visit www.usph.com.
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