US Physical Therapy Inc (N:USPH)
Business Focus: Hospitals, Clinics & Primary Care Services
| Sector: Healthcare | Industry: Healthcare Facilities & Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1300 West Sam Houston Parkway, Suite 300 HOUSTON TX 77043 |
| Tel: | N/A |
| Website: | https://www.usph.com |
| IR: | See website |
| Key People | ||
| Christopher J. Reading President, Chief Executive Officer, Director | Carey P. Hendrickson Chief Financial Officer | Richard S Binstein Executive Vice President, General Counsel, Secretary |
| Graham D. Reeve Chief Operating Officer - West | Eric J. Williams Chief Operating Officer - East | |
| Business Overview |
| U.S. Physical Therapy, Inc. is engaged in physical therapy operations and provides industrial injury prevention services. The Company is engaged in physical therapy operations primarily through its subsidiary, clinic partnerships. The Company's physical therapy operations consist of physical therapy and occupational therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventive care, rehabilitation of injured workers and neurological injuries. It operates approximately 678 outpatient physical therapy clinics in 42 states. The Company's industrial injury prevention services include onsite injury prevention and rehabilitation, performance optimization, post offer employment testing, functional capacity evaluations, and ergonomic assessments. It performs these services through Industrial Sports Medicine Professionals, consisting primarily of specialized certified athletic trainers (ATCs). |
| Financial Overview |
| For the fiscal year ended 31 December 2023, US Physical Therapy Inc revenues increased 9% to $604.8M. Net income applicable to common stockholders decreased 38% to $18.1M. Revenues reflect Physical therapy operations segment increase of 13% to $526.5M, Industrial injury prevention services segment increase of 2% to $78.3M. Net income was offset by Impairment of goodwill and other intangi increase of 92% to $17.5M (expense). |
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