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. (USPH) is a national operator of outpatient physical therapy clinics and a provider of industrial injury prevention services. Company news frequently highlights developments in its clinic network, financial performance, and corporate activities, offering context for investors who follow USPH stock.
News releases from U.S. Physical Therapy often cover quarterly and year-to-date financial results, including net revenue, gross profit, patient visit volumes, and segment performance for physical therapy operations and industrial injury prevention services. The company also reports non-GAAP measures such as Adjusted EBITDA and Operating Results, along with commentary from management on clinic volumes, cost structures, and business priorities.
Another recurring theme in USPH news is acquisition activity. The company regularly announces acquisitions of physical therapy practices and management services companies, including multi-clinic practices where U.S. Physical Therapy acquires a majority or partial interest while original owners retain an equity stake. These announcements typically describe the number of clinic locations involved and the approximate annual revenue and visit volumes of the acquired practices.
Investors will also find news about dividend declarations, conference call schedules for earnings releases, and participation in healthcare and investor conferences. The company issues press releases when it schedules earnings calls, when its board declares quarterly dividends, and when executives present at industry and investor events.
This USPH news page on Stock Titan aggregates such updates so readers can review earnings announcements, acquisition news, conference participation, and other corporate disclosures in one place. For those tracking U.S. Physical Therapy’s operational and financial trends, regularly reviewing this news feed provides a view of how clinic additions, industrial injury prevention services, and capital allocation decisions are reflected in the company’s public communications.
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.
U.S. Physical Therapy, Inc. (NYSE: USPH) will release its financial results for Q3 and the nine months ending September 30, 2022, on November 3, 2022. The results will be disclosed before market opening. A conference call is scheduled for the same day at 10:30 am Eastern to discuss the results, with dialing options provided. U.S. Physical Therapy operates 614 outpatient clinics in 40 states, offering various treatments for orthopedic and neurological disorders along with industrial injury prevention services.
U.S. Physical Therapy, Inc. (NYSE: USPH) has acquired 80% of a two-clinic physical therapy practice for approximately $4.2 million. This acquisition, which retains the previous owners for the remaining 20%, is expected to enhance USPH's service offerings. The acquired practice generates over $2.5 million in annual revenue with about 17,000 patient visits annually. CEO Chris Reading expressed enthusiasm for the partnership and outlined plans for business growth and expansion.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced that CEO Chris Reading will present at the Jefferies Virtual Fitness & Wellness Summit on September 12, 2022. The presentation will provide an overview of the Company, which operates 613 outpatient physical therapy clinics across 39 states, offering preventative and rehabilitation services for various injuries. Additionally, USPH manages 33 facilities for third parties and provides industrial injury prevention services. Interested parties can view the investor presentation on the Company's website.
U.S. Physical Therapy, Inc. (NYSE: USPH) announced that CEO Chris Reading will present at the 15th Annual Barrington Research Virtual Fall Investment Conference on September 8, 2022. The presentation will provide an overview of the Company, which operates 613 outpatient physical therapy clinics across 39 states, offering care for orthopedic and sports-related injuries, as well as industrial injury prevention services. For more details, USPH's investor presentation is available on their website at www.usph.com.