U.S. PHYSICAL THERAPY, INC. (NYSE:USPH) Files An 8-K Other Events
ITEM 8.01
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OTHER EVENTS
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filed a Form 12b-25, Notification of Late Filing, with the
Securities and Exchange Commission (the SEC) regarding its
delayed Annual Report on Form 10-K for the year ended December
31, 2016 (Form 10-K) due to managements need for additional time
to complete its review of the appropriate accounting treatment
for redeemable non-controlling interests of its acquired
partnerships. The Company has since worked diligently to complete
the preparation of its consolidated financial statements. The
Company anticipates it will file its Form 10-K next week and file
its 10-Q quarterly report for the three months ending March 31,
2017 shortly thereafter.
| ITEM 9.01 |
FINANCIAL STATEMENTS AND EXHIBITS
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Exhibits
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Description of Exhibits
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None
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About U.S. PHYSICAL THERAPY, INC. (NYSE:USPH)
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care, and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries. The Company’s segment is made up of various clinics within partnerships. The Company primarily operates through subsidiary clinic partnerships, in which it owns a general partnership interest and a limited partnership interest, and the managing therapists of the clinics owns the remaining limited partnership interest in the clinics. The Company operates approximately 510 clinics in over 40 states. There are approximately 380 clinics operated under Clinic Partnerships and over 100 operated as Company-owned Facilities. In addition to its owned clinics, it also manages physical therapy facilities for third parties, primarily physicians, with over 20 third-party facilities under management. U.S. PHYSICAL THERAPY, INC. (NYSE:USPH) Recent Trading Information
U.S. PHYSICAL THERAPY, INC. (NYSE:USPH) closed its last trading session up +0.05 at 63.25 with 57,888 shares trading hands.
