U.S. Physical Therapy

U.S. Physical Therapy, Inc. operates outpatient physical therapy clinics, which provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries. It operates through the following segments: physical therapy operations and industrial injury prevention services. The physical therapy operations segment consist of physical therapy and occupational therapy clinics that provide pre-and postoperative care and treatment for orthopedic related disorders, sports-related injuries, preventive care, rehabilitation of injured workers and neurological injuries. The injury prevention services segment includes onsite injury prevention and rehabilitation, performance optimization and ergonomic assessments. U.S. The company was founded in 1990 and is headquartered in Houston, TX.

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Earnings data Q4 2024

U.S. Physical Therapy reports strong 2022 performance amidst industry challenges

U.S. Physical Therapy's strong performance in 2022 was marked by revenue growth, acquisitions, and improved operational efficiency, despite facing industry-specific challenges and headwinds.
The company's proactive approach to renegotiating contracts, implementing automation tools, and lobbying efforts positions it well to navigate potential risks and capitalize on growth opportunities.
While challenges like Medicare rate changes and economic uncertainties persist, the company's focus on strategic acquisitions, operational enhancements, and revenue optimization bode well for future performance.
With a cautious economic outlook, U.S. Physical Therapy remains resilient, leveraging its strengths in financial stability, operational efficiency, and proactive risk management to drive sustainable growth.

US Physical Therapy excels in Q1 2023, navigates challenges strategically

U.S. Physical Therapy (USPH) delivered strong Q1 2023 results, showcasing revenue growth, operational improvements, and strategic initiatives to enhance profitability.
While facing challenges from Medicare cuts and contract terminations, USPH's strengths in acquisitions, balance sheet, and operational efficiency position it well for future growth.
Opportunities in rate renegotiations, strategic realignment, and a customer-centric approach offer avenues for USPH to drive profitability and maintain competitive advantage.

U.S. Physical Therapy reports robust Q2 performance and growth strategies

USPH demonstrated strong performance in Q2 2023, with record patient demand and operational efficiency.
While facing challenges like staffing issues and contract delays, the company remains optimistic about future growth.
Renegotiating contracts and focusing on revenue enhancement are key strategies for driving profitability.
Overall, USPH's financial health and strategic initiatives position it well for sustained growth and success.

U.S. Physical Therapy reports robust Q3 growth and eyes acquisitions

Despite challenges in staffing and Medicare rate reductions, U.S. Physical Therapy's strong performance and strategic initiatives position it for growth. The company's focus on acquisitions, contract improvements, and service enhancements bode well for future success.

US Physical Therapy reports record growth and strategic acquisitions plan

USPH's Q4 2023 showcased strong revenue growth, margin improvement, and successful therapist recruitment despite challenges.
Strategic initiatives like payer contract renegotiation, group purchasing rollout, and focus on acquisitions position USPH for future growth.
Challenges include industry frustrations, CMS cuts, and the need to enhance workers' comp revenue trajectory.
Opportunities lie in same-store volume growth, increased focus on workers' comp, and M&A activities in the PT space.

U.S. Physical Therapy (USPH) exceeds Q1 expectations, eyes strategic growth

U.S. Physical Therapy (USPH) delivered a robust performance in Q1 2024, overcoming initial challenges to achieve revenue and profit growth.
With an upwardly revised EBITDA guidance, successful acquisitions, and a focus on strategic expansion, USPH is poised for continued success.
While facing challenges from Medicare rate reductions and adverse weather, USPH remains well-positioned with a strong financial foundation.
Optimism surrounds USPH's outlook, driven by organic growth strategies, potential M&A opportunities, and ongoing revenue enhancement efforts.

U.S. Physical Therapy reports strong Q2 performance amidst labor challenges

U.S. Physical Therapy's Q2 2024 performance showcased robust operational metrics and revenue growth, despite facing labor cost pressures. The company's strategic initiatives to address challenges and capitalize on opportunities position it for sustained success in the evolving healthcare landscape.

U.S. Physical Therapy reports robust Q3 performance and strategic realignment

USPH's Q3 2024 performance showcased revenue growth, operational improvements, and strategic realignment towards high-return markets.
While facing challenges with rising costs per visit, the company's focus on cost adjustments and growth opportunities positions it well for future success.
With a strong financial performance and strategic initiatives in place, USPH is poised for continued growth and profitability in the coming quarters.

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U.S. Physical Therapy, Inc. operates outpatient physical therapy clinics, which provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries. It operates through the Physical Therapy Operations and Industrial Injury Prevention Services segments. The Physical Therapy Operations segment consists of physical therapy and occupational therapy clinics that provide pre-and postoperative care and treatment for orthopedic related disorders, sports-related injuries, preventive care, rehabilitation of injured workers and neurological injuries. The Industrial Injury Prevention Services segment includes onsite injury prevention and rehabilitation, performance optimization and ergonomic assessments. The company was founded in 1990 and is headquartered in Houston, TX.

U.S. Physical Therapy, Inc. (NYSE:USPH ) Q1 2024 Earnings Conference Call May 8, 2024 10:30 AM ET Company Participants Christopher Reading - CEO Jake Martinez - SVP, Accounting and Finance Carey Hendrickson - CFO Eric Williams - COO Conference Call Participants Brian Tanquilutit - Jefferies Joanna Gajuk - Bank of America Merrill Lynch Larry Solow - CJS Securities Mike Petusky - Barrington Research Operator Good day, and thank you for standing by. Welcome to the U.S. Physical Therapy First Quarter 2024 Earnings Conference Call.

U.S. Physical Therapy, Inc. (USPH) Q1 2024 Earnings Call Transcript

U.S. Physical Therapy (USPH) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.59 per share a year ago.

U.S. Physical Therapy (USPH) Misses Q1 Earnings Estimates

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today reported results for the first quarter ended March 31, 2024. FINANCIAL HIGHLIGHTS Adjusted EBITDA (1), a non-Generally Accepted Accounting Principles (“GAAP”) measure, was $16.7 million for the first quarter ended March 31, 2024 (“2024 First Quarter”) compared to $18.5 million in the.

U.S. Physical Therapy Reports First Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (“IIP”), announced the acquisition of an IIP services business by one of its primary IIP companies, Briotix Health Limited Partnership (“Briotix”). Briotix purchased 100% of the IIP services business for a total purchase price of approximately $24.0 million. The business currently generates.

U.S. Physical Therapy Announces Acquisitions

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced that it will report its financial results for the first quarter ended March 31, 2024, on Tuesday, May 7, 2024, after the stock market closes, with the conference call to follow the next morning, on Wednesday, May 8, 2024. Conference Call Date: Wednesday, May 8, 2024     Time: 10:30 am Eastern/9:30 am Centr.

U.S. Physical Therapy, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call

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ADUS vs. USPH: Which Stock Is the Better Value Option?

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. ("USPH" or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of a physical therapy and hand therapy practice with nine clinic locations. USPH acquired a 50% equity interest in the practice for a purchase price of $16.4 million, with the current practice owners retaining a 50% interest. The business currently generates approx.

U.S. Physical Therapy Announces Acquisition of a Nine-Clinic Physical Therapy And Hand Therapy Practice

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH" or the “Company”) (NYSE: USPH), reported today that the 3.5% reduction in the Medicare physician fee schedule for therapy services for 2024 (as compared to 2023 rates) has been addressed in the “Consolidated Appropriations Act, 2024” (“Act”) signed into law on March 8, 2024. The Act decreased the Medicare reduction for the remainder of 2024; as a result, the Company now estimates that the Medicare rate reduction effective March 9, 20.

U.S. Physical Therapy Announces Change in Medicare Rate Reduction for the Remainder of 2024

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH) (the “Company”), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced that Carey Hendrickson, Chief Financial Officer, will present at the Oppenheimer 34th Annual Healthcare MedTech & Services Conference on Tuesday, March 12, 2024. The presentation will cover an overview of the Company. A copy of USPH's investor presentation is posted on the Company.

U.S. Physical Therapy to Present at the Oppenheimer 34th Annual Healthcare MedTech & Services Conference

U.S. Physical Therapy, Inc. (USPH) Q4 2023 Earnings Call Transcript

U.S. Physical Therapy (USPH) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.58 per share a year ago.

U.S. Physical Therapy (USPH) Tops Q4 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today reported results for the fourth quarter and the full year ended December 31, 2023. FINANCIAL HIGHLIGHTS Adjusted EBITDA (1), a non-Generally Accepted Accounting Principles (“GAAP”) measure, was $77.7 million for the year ended December 31, 2023 (“Full Year 2023”), a $4.1 million incre.

U.S. Physical Therapy Reports Fourth Quarter and Full Year 2023 Results

U.S. Physical Therapy (USPH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate U.S. Physical Therapy (USPH) to Report a Decline in Earnings: What to Look Out for

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced that it will report its financial results for the fourth quarter and year ended December 31, 2023 on Wednesday, February 28, 2024, after the stock market closes, with the conference call to follow the next morning, on Thursday, February 29, 2024. Conference Call Date: Thursday, February 29, 2024 Time: 10:3.

U.S. Physical Therapy, Inc. Schedules Fourth Quarter and Year End 2023 Earnings Release and Conference Call Dates

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH) (the “Company”), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced that Chris Reading, Chief Executive Officer, and Carey Hendrickson, Chief Financial Officer, will present at the 42nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 10, 2024. The presentation will cover an overview of the Company. A copy of USPh's investor presentation.

U.S. Physical Therapy to Present at the 42nd Annual J.P. Morgan Healthcare Conference

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HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH) (the “Company”), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced that Chris Reading, Chief Executive Officer, will participate in the Stephens Annual Investment Conference on Wednesday, November 15, 2023. On the same day, Carey Hendrickson, Chief Financial Officer, and Eric Williams, Chief Operating Officer, will participate in the 15th Annual Sout.

U.S. Physical Therapy to Present at the Stephens Annual Investment Conference and the 15th Annual Southwest IDEAS Investor Conference

US Physical Therapy, Inc. (NYSE:USPH ) Q3 2023 Earnings Conference Call November 8, 2023 10:30 AM ET Company Participants Christopher Reading - President, CEO & Director Jake Martinez - SVP, Finance & Accounting Carey Hendrickson - CFO Eric Williams - COO, East Conference Call Participants Joanna Gajuk - Bank of America Merrill Lynch Brian Tanquilut - Jefferies Lawrence Solow - CJS Securities Calvin Sternick - JPMorgan Michael Petusky - Barrington Research Operator Good day. Welcome to the US Physical Therapy Third Quarter 2023 Earnings Conference Call.

US Physical Therapy, Inc. (USPH) Q3 2023 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today reported results for the three and nine months ended September 30, 2023. THIRD QUARTER FINANCIAL HIGHLIGHTS Adjusted EBITDA, a non-Generally Accepted Accounting Principles (“GAAP”) measure, was $18.6 million for the three months ended September 30, 2023 (“2023 Third Quarter”), an incr.

U.S. Physical Therapy Reports Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. ("USPH" or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention (“IIP”) services, today announced the acquisition of an IIP services and ergonomics software business by one of its two primary IIP companies, Briotix Health Limited Partnership (“Briotix”). In addition to increasing its IIP services business, the newly created ergonomics software provides an excitin.

U.S. Physical Therapy Announces Acquisition of an Industrial Injury Prevention Services and Ergonomics Software Business

USPH has a substantial presence in the physical therapy industry, with 662 clinics in 41 states, particularly Texas and Tennessee. Acquisitions, primarily through partnership models, are central to USPH's growth strategy. The company expanded into the IIP sector in 2017 and has made several acquisitions. The U.S. rehab market is projected to exceed $40 billion by 2025, driven by demographic trends like an aging population, rising obesity, and a focus on cost-effective healthcare.

U.S. Physical Therapy: Positioned For Market Dominance Amidst Attractive Valuations

HOUSTON, Texas--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced that it will report its financial results for the three and nine months ended September 30, 2023 on Tuesday, November 7, 2023, after the stock market closes, with the conference call to follow the next morning, on Wednesday, November 8, 2023. Conference Call Date: Wednesday, November 8, 2023 Time: 1.

U.S. Physical Therapy, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call Date

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. ("USPH" or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced the acquisition of two physical therapy practices in separate transactions, expanding the Company's presence in Alaska and adding its first clinics in the state of Colorado. USPH acquired a 70% equity interest in both practices with the current practice owners retaining 30%.

U.S. Physical Therapy Announces Acquisition of Two Physical Therapy Practices

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (the “Company”), today announced that Chris Reading, the Company's Chief Executive Officer, will present at the 2023 Midwest IDEAS Investor Conference on Wednesday, August 23, 2023. The presentation will cover an overview of the Company. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. o.

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