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Last Trade
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Last Trade:
$127.82
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Change:
-2.69 (-2.06%)
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Trade Time:
Jan 15
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Market Cap:
$1.64B
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Description of Business
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Our company, U.S. Physical Therapy, Inc. ("we", "us", "our" or the "Company"),
through its subsidiaries, operates outpatient physical therapy clinics that
provide pre-and post-operative care for a variety of orthopedic-related
disorders and sports-related injuries, treatment for neurological-related
injuries and rehabilitation of injured workers. We primarily operate through
subsidiary clinic partnerships in which we generally own a 1% general
partnership interest and a 24% to 99% limited partnership interest and the
managing therapist(s) of the clinics owns the remaining limited partnership
interest in the majority of the clinics (hereinafter referred to as "Clinic
Partnerships"). To a lesser extent, we operate some clinics through wholly-owned
subsidiaries under profit sharing arrangements with therapists (hereinafter
referred to as "Wholly-Owned Facilities").
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