Press Releases

Thursday, June 12, 2025 6:30 AM, EST

U.S. Physical Therapy Presented at
Investor Conferences
Houston, TX, June 11, 2025 – U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator
of outpatient physical therapy clinics and provider of industrial injury prevention services, today
announced that Chris Reading, Chief Executive Officer, presented at the Goldman Sachs 46th
Annual Global Healthcare Conference on June 10, 2025, and Carey Hendrickson, Chief Financial
Officer, presented at the 15th Annual East Coast IDEAS Conference on June 11, 2025. The
presentations provided an overview of the Company.

About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 775 outpatient physical
therapy clinics in 44 states. USPH clinics provide preventative and post-operative care for a
variety of orthopedic-related disorders and sports-related injuries, treatment for neurologically
related injuries and rehabilitation of injured workers. USPH also has an industrial injury prevention
business which provides onsite services for clients’ employees including injury prevention and
rehabilitation, performance optimization, post-offer employment testing, functional capacity
evaluations, and ergonomic assessments.

More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The
information included on that website is not incorporated into this press release.

USPH announces dual listing on NYSE Texas

Wednesday, May 28, 2025 4:10 PM, EST

U.S. Physical Therapy Announces Dual Listing on NYSE Texas

Houston, TX, May 28, 2025 – U.S. Physical Therapy, Inc. (the “Company”) (NYSE: USPH), a national operator of
outpatient physical therapy clinics and provider of industrial injury prevention services headquartered in Houston, Texas,
today announced a dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange
based in Dallas, Texas. U.S. Physical Therapy will maintain its primary listing on the New York Stock Exchange and
trade with the same “USPH” ticker symbol on NYSE Texas.
Chris Reading, Chairman and Chief Executive Officer, said, “We are honored to join NYSE Texas as a Founding Member
and to champion the dynamic growth, energy and grit that define this great state. Being based in Texas has been a key
advantage for us – helping us attract top talent and playing a significant role in our growth and success across the nation.
Texas’ strong and diverse economy makes it an exceptional place to do business.”
“As the first healthcare company to list on NYSE Texas, we are proud to welcome Chris and the USPH team to our
growing community of Founding Members,” said Chris Taylor, Chief Development Officer, NYSE Group.
About U.S. Physical Therapy, Inc.

Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 776 outpatient physical therapy clinics in 44 states.
USPH clinics provide preventative and post-operative care for a variety of orthopedic-related disorders and sports-related
injuries, treatment for neurologically-related injuries and rehabilitation of injured workers. USPH also has an industrial
injury prevention business which provides onsite services for clients’ employees including injury prevention and
rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic
assessments.
More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The information included on that
website is not incorporated into this press release.

USPh Reports First Quarter 2025 Results

Wednesday, May 07, 2025 4:24 PM, EST

USPh Announces the Acquisition of an Outpatient Home Care Physical and Speech Therapy Practice

Wednesday, April 30, 2025 4:05 PM, EST

Houston, TX, April 30, 2025 – U.S. Physical Therapy, Inc. (the Company”) (NYSE: USPH), a national operator of
outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of an
outpatient home care practice that provides physical, occupational, and speech therapy through its 50%-owned subsidiary,
MSO Metro, LLC (“Metro”). The practice currently generates approximately $2.1 million in annual revenues. Metro
acquired an 80% interest in the acquired company with the current owners retaining a 20% ownership interest.
Eric Williams, President and Chief Operating Officer-East, said, “We are extremely excited to further extend our
outpatient reach with the ability to now provide physical therapy, occupational therapy, and speech therapy services to
patients in the comfort of their homes on a broader scale in the northeast. We see the expansion of homecare-based
outpatient therapy as a natural extension to the clinic-based services we already provide and remain enthusiastic around
opportunities to further grow this service line.”
About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 773 outpatient physical therapy clinics in
44 states. USPH clinics provide preventative and post-operative care for a variety of orthopedic-related
disorders and sports-related injuries, treatment for neurologically related injuries and rehabilitation of injured
workers. USPH also has an industrial injury prevention business which provides onsite services for clients’
employees including injury prevention and rehabilitation, performance optimization, post-offer employment
testing, functional capacity evaluations, and ergonomic assessments.
More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The information included
on that website is not incorporated into this press release.

USPh Schedules First Quarter 2025 Earnings Release and Conference Call

Wednesday, April 23, 2025 6:30 AM, EST

Introducing Milica McDowell, PT, MPT, DPT, C-EP, our new Associate Vice President of Education.

Milica (Melissa) comes to USPh with 20 years of experience as a physical therapist specializing in education and technology. Milica brings a new level of support to our Partners, which will help them build a pipeline of future physical therapists.

Building Relationships with the next generation of physical and occupational therapists.

We sat with Milica to review an exciting new project.

View or Read Below for More Information:

I am thrilled to be joining the team! My role involves working with campus, supporting our student programs, and working very closely with our talent acquisition team to make sure that we are investing in students and they’re having the best possible experience at our clinics.

The field of physical therapy is being transformed by technology. Today’s physical therapy students can’t help but use technology throughout various aspects of their programs. Whether it’s learning to prescribe home exercises, whether it’s using telemedicine to assess a patient, or whether it’s using gait analysis techniques that are no longer just relying on your eyeballs. Today’s students are so fortunate that engineers and smart scientists are developing technologies they can use throughout various aspects of their practice. This is a transformative time in physical therapy training and education, and technology is highly to thank for that.

We’re very excited for physical therapy students to join our organization because they will have the opportunity to be exposed to a variety of techniques, lots of different opportunities for learning, and lots of environments where they can go and get experience treating different types of patients.

At USPh, we’re building out a tech-forward recruiting pipeline, built with the future in mind. As a partner with USPh, you would have access to new recruiting resources and more. This is a system that allows a three-pronged approach to matching students, clinical sites, and schools. Trusted by Leading Academic Institutions, Programs, and Clinical Sites. It makes matching utterly seamless.

With Milica on board, we look forward to providing our Partners, Directors, Physical Therapists, and their Students with learning experiences that will set them up for success in this ever-changing field.

USPh Announces the Acquisition of a Three-Clinic Physical Therapy Practice

Monday, March 03, 2025 7:30 AM, EST

Houston, TX, March 3, 2025 – U.S. Physical Therapy, Inc. (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 practice with three clinic locations in Wyoming, which currently generates approximately $4.3 million
in annual revenues and 23,000 in annual visits. The Company acquired a 65% interest in the acquired company with the
current owners retaining a 35% ownership interest.

Graham Reeve, Chief Operating Officer-West, said, “We are excited to welcome our newest partners into our USPH
family and expand our service offerings in the state of Wyoming. This team has developed incredible relationships in
the communities they serve, and we look forward to assisting and supporting them as they continue to build on this
foundation in the future.”

About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 775 outpatient physical therapy clinics in
43 states. USPH clinics provide preventative and post-operative care for a variety of orthopedic-related
disorders and sports-related injuries, treatment for neurologically-related injuries and rehabilitation of injured
workers. USPH also has an industrial injury prevention business which provides onsite services for clients’
employees including injury prevention and rehabilitation, performance optimization, post-offer employment
testing, functional capacity evaluations, and ergonomic assessments.

More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The information included
on that website is not incorporated into this press release.

USPh Reports Fourth Quarter and Full Year 2024 Results

Wednesday, February 26, 2025, 5:45 PM, EST

USPh Schedules Fourth Quarter and Year End 2024 Earnings Release and Conference Call Dates

Thursday, February 20, 2025, 4:05 PM, EST

Make Plans to Visit Booth #2733 at CSM 2025!

We are gearing up to attend the largest physical therapy conference in the country, APTA CSM. The APTA will host over 400 sessions with 15,000 people. We are especially excited this year since the conference is in our backyard, Houston, Texas!

Houston Is Our Home.

Houston is home to our corporate headquarters, where approximately 250 employees work to support our partners. You know what they say about Texas: Everything is bigger here! This year, that includes our participation in the conference. Not only will we have a booth, but members of our Leadership, Operations, Compliance, Business Development, Talent Acquisition, and Education Teams will be in attendance.

If you would like to meet someone from our team or have questions about a partnership with USPh, we would love to schedule a few minutes to meet with you at the conference!

Contact one of our Business Development team members to schedule a time

Things to do in Houston During CSM 2025:

While you’re here, please check out some of our favorite things to do. We hope you enjoy your time in Houston, and we look forward to seeing you at the conference – Booth 2733!

The Houston Rockets will play the Golden State Warriors on Thursday, February 13th, at 7:00 PM. The Toyota Center is within walking distance of the George R. Brown Convention Center. Please click here for tickets.
Celebrate Valentine’s Day at Discovery Green

Check out 3 of our favorite restaurants in Houston.

If you love live music The Rustic is an absolute must.
If you enjoy American cuisine in a New Orleans historic-style setting Hearsay is the place for you!
If you’re looking to try some of Houston’s best wild game, try Rainbow Lodge, in our trendy Greater Heights area.