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:
以下是美國理療保健公司（USPH）2024年第三季度業績發佈會的摘要：
Financial Performance:
財務表現：
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在第三季度的營業收入增長了9.3%，達到14220萬。
調整後的EBITDA增長了13.4%，表現出盈利能力的提升。
每位患者的訪問淨費率增加到105.65美元，高於去年同期的102.37美元。
營業利潤同比增長了120萬或12.4%。
排除關閉成本後的每個患者利潤率提高了90個點子，達到18.9%。
Business Progress:
業務進展：
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.
關閉了二級市場表現不佳的設施，以簡化運營並將資源集中在高回報領域。
開放或收購了20個新設施，並執行了戰略收購，包括在紐約大都市區的一項主要業務。
傷害預防業務的營業收入增長約30%，營業利潤增長27%，這歸因於新合同以及現有合同的擴展。
Opportunities:
機會：
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.
繼續看到強勁的患者訪視增長，在第三季度每個診所每天創下30.1次的歷史高訪視量。
專注於提高報銷率和優化營業收入週期，以改善凈利率和利潤幅度。
Metro Pt的收購爲紐約市場的增長代表了一個重要機會，預計在長期內將產生積極貢獻。
Risks:
風險：
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.
由於工資通貨膨脹，每次就診的薪資相關成本增加了3.5%。
預計醫療保險費率的減少可能會對未來的營業收入產生負面影響，儘管有緩解策略。
More details: US Physical Therapy IR
更多詳情： 美國理療保健 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。
