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 reports recurring developments tied to its national outpatient physical therapy clinic network and industrial injury prevention services business. Company news commonly covers physical therapy revenue, mature-clinic activity, gross profit, reimbursement-sensitive care categories, and services for orthopedic conditions, sports injuries, neurological injuries, post-operative care, preventative care, and injured-worker rehabilitation.
Updates also include acquisitions of clinic practices and industrial injury prevention businesses, hospital and regional care alliances, investor presentations, dividends, share repurchases, and credit facility changes. Its industrial injury prevention services include onsite injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments for client workforces.
U.S. Physical Therapy, Inc. (NYSE: USPH) will have CEO Chris Reading and CFO Carey Hendrickson present at the 2021 Jefferies Healthcare Virtual Conference on June 1, 2021. The presentation aims to provide an overview of the Company, which operates 565 outpatient physical therapy clinics across 39 states. These clinics offer care for orthopedic disorders, sports injuries, and neurological rehabilitation. Additionally, the Company manages 40 facilities for third parties and offers industrial injury prevention services.
U.S. Physical Therapy, Inc. (NYSE: USPH) recently participated in the UBS Global Healthcare Virtual Conference on May 24, 2021. CEO Chris Reading and CFO Carey Hendrickson presented an overview of the Company. U.S. Physical Therapy operates 565 outpatient clinics across 39 states, providing care for orthopedic disorders, sports injuries, and more. Additionally, the Company manages 40 facilities for third parties and offers industrial injury prevention services. For further details, visit www.usph.com.
U.S. Physical Therapy, Inc. (USPH) reported a strong first quarter for 2021, with Operating Results of $0.64 per share, significantly up from $0.30 in Q1 2020. Adjusted EBITDA rose to $15.6 million, a $7.6 million increase year-over-year. Although net patient revenues slightly decreased to $99.2 million, total revenue remained stable at approximately $112 million. March 2021 was a record month with peak metrics across visits and revenue. The company also reinstated dividends at $0.35 per share and raised earnings guidance for 2021 to a range of $2.68 to $2.78 per share.
U.S. Physical Therapy, Inc. (NYSE: USPH) will release its financial results for Q1 2021 on May 6, 2021, before the market opens. Management will hold a conference call at 10:30 AM Eastern to discuss the results. The company operates 558 outpatient physical therapy clinics across 39 states, providing care for various orthopedic disorders, sports-related injuries, and rehabilitation services. Additionally, it manages 40 facilities for third parties and offers industrial injury prevention services.
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.