U S Physical Therapy Stock Price, News & Analysis

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.

U.S. Physical Therapy, Inc. (NYSE: USPH) has completed the acquisition of an 80% stake in a physical therapy practice for approximately $25 million. This practice generates over $12 million in annual revenue and accounts for around 120,000 patient visits each year. CEO Chris Reading expressed optimism about the capabilities of the new team and the potential for future developments. This acquisition aligns with U.S. Physical Therapy's growth strategy and enhances its portfolio of outpatient clinic operations.

U.S. Physical Therapy, Inc. (NYSE: USPH) announced participation in significant investor conferences. On November 16, 2022, CFO Carey Hendrickson and COO Eric Williams will present at the 14th Annual Southwest Ideas Conference. CEO Chris Reading will follow on November 17, 2022, at the Stephens Annual Investment Conference. These presentations will provide insights into the Company and its operations.

Founded in 1990, U.S. Physical Therapy operates 629 clinics across 40 states, focusing on orthopedic and neurological rehabilitation, and offers industrial injury prevention services.

U.S. Physical Therapy, Inc. (NYSE: USPH) announced CEO Chris Reading will present at the Credit Suisse 31st Annual Healthcare Conference on November 8, 2022. The presentation will provide an overview of the company, which operates 629 outpatient physical therapy clinics across 40 states. These clinics offer preventative and post-operative care for orthopedic disorders, sports injuries, and neurological rehabilitation. More details can be found on the company's website at www.usph.com.

U.S. Physical Therapy (USPH) reported Q3 2022 results with revenues of $139.6 million, a 10.9% increase from Q3 2021. Net income attributable to shareholders was $9.6 million, down from $10.0 million year-over-year. Operating results per diluted share declined to $0.58

from $0.78 in the previous year. Adjusted EBITDA stood at $17.0 million, a decrease from $19.6 million. The company faced labor cost pressures, but IIP services revenue surged 92.1% year-over-year.

U.S. Physical Therapy, Inc. (USPH) has announced the acquisition of a fourteen-clinic physical therapy practice, purchasing 60% equity for $19.3 million. The current practice generates over $9 million in annual revenue and approximately 84,000 patient visits each year. CEO Chris Reading expressed confidence in the partnership's potential for growth, aiming for significant expansion in the coming years. This acquisition is part of USPH's strategy to enhance its footprint in the physical therapy market and capitalize on existing synergies.

The National Kidney Foundation has appointed Anne Motsenbocker to its Board of Directors. Motsenbocker, based in Dallas, Texas, boasts over 35 years of experience in commercial banking and wealth management, including leadership roles at J.P. Morgan Chase. She also serves on the boards of U.S. Physical Therapy (USPH) and CSW Industrials (CSWI), contributing her expertise in governance and strategic problem-solving. Her appointment aims to enhance the Foundation's mission amid a growing public health crisis regarding kidney disease, which affects 37 million adults in the U.S.

U.S. Physical Therapy, Inc. (USPH) announced that 51 of its 614 outpatient clinics experienced operational disruptions due to Hurricane Ian, affecting Florida, Georgia, and South Carolina. The company reported losses of approximately 3,500 patient visits, totaling around $300,000 in revenue during the week of September 26-30, 2022, followed by an additional 1,100 visits and $95,000 in revenue losses in the first week of October. Further interruptions are anticipated over the next few weeks, with an update scheduled for the third quarter conference call on November 3, 2022.