U S Physical Therapy (USPH) risk factors
Item 1A of every U S Physical Therapy Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors37 risks2 new2 reworded
Medicare revenue grew to $213.5 million with an expected 1.75% rate increase for 2026 under the MPFS. New risks address artificial intelligence adoption and uncertainties around future dividends and share repurchases under Texas law.
Filed Feb 27, 2026 - FY2024 10-K risk factors35 risks
U.S. Physical Therapy relies heavily on Medicare reimbursement and private third-party payors for revenue generation. Complex healthcare regulations, compliance audits, and corporate practice restrictions govern daily clinic operations. Recruiting and retaining qualified physical therapists and maintaining physician referral relationships drive business success.
Filed Mar 03, 2025