Earnings Call Summary | US Physical Therapy(USPH.US) Q3 2024 Earnings Conference
Earnings Call Summary | US Physical Therapy(USPH.US) Q3 2024 Earnings Conference
Net rate per patient visit increased to $105.65, up from $102.37 a year earlier.The following is a summary of the U.S. Physical Therapy, Inc. (USPH) Q3 2024 Earnings Call Transcript:
以下是美国理疗保健公司（USPH）2024年第三季度业绩会的摘要：
Financial Performance:
财务表现：
USPH reported a 9.3% increase in revenue to $142.2 million in Q3.
Adjusted EBITDA increased by 13.4%, demonstrating enhanced profitability.
Net rate per patient visit increased to $105.65, up from $102.37 a year earlier.
Operating income grew by $1.2 million or 12.4% over the same quarter last year.
PT margin, excluding closure costs, improved by 90 basis points to 18.9%.
USPH在第三季度的营业收入增长了9.3%，达到14220万。
调整后的EBITDA增长了13.4%，表现出盈利能力的提升。
每位患者的访问净费率增加到105.65美元，高于去年同期的102.37美元。
营业利润同比增长了120万或12.4%。
排除关闭成本后的每个患者利润率提高了90个基点，达到18.9%。
Business Progress:
业务进展：
Closed underperforming facilities in secondary markets to streamline operations and focus resources on higher-return areas.
Opened or acquired 20 new facilities and executed strategic acquisitions including a major practice in the New York Metro area.
Injury Prevention business grew about 30% in revenue and 27% in operating profit, attributing to new contracts and expansion of existing ones.
关闭了二级市场表现不佳的设施，以简化运营并将资源集中在高回报领域。
开放或收购了20个新设施，并执行了战略收购，包括在纽约大都市区的一项主要业务。
伤害预防业务的营业收入增长约30%，营业利润增长27%，这归因于新合同以及现有合同的扩展。
Opportunities:
机会：
Continues to see strong patient visit growth, with a record high of 30.1 visits per clinic per day in Q3.
Focuses on enhancing reimbursement rates and optimizing the revenue cycle to improve net rates and margins.
Acquisition of Metro PT represents a significant opportunity for growth in the New York market, expected to contribute positively in the long term.
继续看到强劲的患者访视增长，在第三季度每个诊所每天创下30.1次的历史高访视量。
专注于提高报销率和优化营业收入周期，以改善净利率和利润幅度。
Metro Pt的收购为纽约市场的增长代表了一个重要机会，预计在长期内将产生积极贡献。
Risks:
风险：
Incremental increase in salary-related costs per visit by 3.5% due to wage inflation.
Anticipated Medicare rate reductions might negatively impact future revenue despite mitigation strategies.
由于工资通货膨胀，每次就诊的薪资相关成本增加了3.5%。
预计医疗保险费率的减少可能会对未来的营业收入产生负面影响，尽管有缓解策略。
More details: US Physical Therapy IR
更多详情： 美国理疗保健 IR
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提示：本文由人工智能生成。内容的准确性无法得到完全保证。有关更全面的细节，请参考投资者关系网站。本文仅供投资者参考，不构成任何指导或建议。
