- 51 of the USPH’s 614 clinics were affected by Hurricane Ian
- Founded in 1990, U.S. Physical Therapy, Inc. operates 614 outpatient physical therapy clinics in 40 states
- The company’s 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.
U.S. Physical Therapy (USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced today that the operations of 51 of the Company’s 614 clinics were affected by Hurricane Ian.
Due to the high winds, loss of electrical power, flooding and road closures attributed to Hurricane Ian, U.S. Physical Therapy’s business was interrupted in large parts of the states of Florida, Georgia, and South Carolina.
USPH estimates that approximately 3,500 patient visits, representing approximately $300,000 in revenue and gross profit contribution, were lost from September 26 through September 30. An additional 1,100 patient visits, representing approximately $95,000 in revenue and gross profit contribution, were lost in the first week of October.
The company expects continued interruption at several clinics for the next few weeks and will provide an update on its third quarter conference call scheduled for Nov. 3.
Hurricane Ian made landfall on Sept. 28, pummeling Florida’s Gulf Coast before continuing on a northward trek. The Category 4 storm left a path of destruction across the Sunshine State, producing catastrophic flooding and storm surge while leaving more than 2 million Florida homes and businesses without power.
Thus far, the storm is responsible for over 100 deaths, with most occurring in Lee County in Southwest Florida.