US Physical Therapy Files 8-K
Ticker: USPH · Form: 8-K · Filed: Apr 2, 2024 · CIK: 885978
Sentiment: neutral
Topics: sec-filing, 8-k
Related Tickers: USPHY
TL;DR
USPHY filed an 8-K, standard procedure, no major news yet.
AI Summary
U.S. Physical Therapy, Inc. filed an 8-K on April 2, 2024, reporting events as of April 1, 2024. The filing is primarily for "Other Events" and "Financial Statements and Exhibits," with no specific financial figures or material events detailed in the provided text.
Why It Matters
This filing indicates that U.S. Physical Therapy, Inc. is providing updates or submitting required documentation to the SEC, which is standard for public companies.
Risk Assessment
Risk Level: low — The filing is a routine 8-K with no specific negative or positive material information disclosed in the provided text.
Key Players & Entities
- U.S. PHYSICAL THERAPY, INC. (company) — Registrant
- Nevada (jurisdiction) — State of incorporation
- 76-0364866 (tax_id) — I.R.S. Employer Identification No.
- 1300 WEST SAM HOUSTON PARKWAY, SUITE 300, HOUSTON, Texas 77043 (address) — Principal Executive Offices
- ( 713 ) 297-7000 (phone_number) — Registrant's telephone number
- April 1, 2024 (date) — Date of earliest event reported
- April 2, 2024 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report "Other Events" and "Financial Statements and Exhibits" as of April 1, 2024.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on April 2, 2024.
What is the exact name of the reporting company?
The exact name of the reporting company is U.S. PHYSICAL THERAPY, INC.
In which state is U.S. Physical Therapy, Inc. incorporated?
U.S. Physical Therapy, Inc. is incorporated in Nevada.
What is the principal executive office address for U.S. Physical Therapy, Inc.?
The principal executive office address is 1300 WEST SAM HOUSTON PARKWAY, SUITE 300, HOUSTON, Texas 77043.
Filing Stats: 566 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-04-02 16:02:20
Key Financial Figures
- $16.4 m — in the practice for a purchase price of $16.4 million, with the current practice owners
- $11.4 million — iness currently generates approximately $11.4 million in annual revenues and approximately 65
Filing Documents
- form8-k.htm (8-K) — 34KB
- ex99-1.htm (EX-99.1) — 6KB
- logo_usph2020.jpg (GRAPHIC) — 370KB
- 0000885978-24-000018.txt ( ) — 674KB
- usph-20240401.xsd (EX-101.SCH) — 4KB
- usph-20240401_lab.xml (EX-101.LAB) — 21KB
- usph-20240401_pre.xml (EX-101.PRE) — 16KB
- form8-k_htm.xml (XML) — 4KB
01 Other Event
ITEM 8.01 Other Event. On April 1, 2024 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 approximately $11.4 million in annual revenues and approximately 65,000 annual visits. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Current Report on Form 8-K, including the exhibits, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS Exhibits Description of Exhibits 99.1 Registrant's Press Release dated April 1, 2024 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. U.S. PHYSICAL THERAPY, INC. Dated: April 2, 2024 By: /s/ CAREY HENDRICKSON Carey Hendrickson Chief Financial Officer (duly authorized officer and principal financial and accounting officer)