Company: USPH
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001140361-25-029744
Chunk: 4

Company: U S PHYSICAL THERAPY INC /NV
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 4
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 privacy of individually identifiable patient information, and associated fines and penalties for failure to comply;

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              compliance with state laws and regulations relating to the corporate practice of medicine and fee splitting, and associated fines and penalties for failure to comply ;

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              competitive, economic or reimbursement conditions in our markets which may require us to reorganize or close certain clinics and thereby incur losses and/or closure costs including the
                possible write-down or write-off of goodwill and other intangible assets;

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              the impact of future public health crises and epidemics/pandemics, such as was the case with the novel strain of COVID-19 and its variants;

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              certain of our acquisition agreements contain put-rights related to a future purchase of significant equity interests in our subsidiaries or in a separate company;

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              the impact of future vaccinations and/or testing mandates at the federal, state and/or local level, which could have an adverse impact on staffing, revenue, costs and the results of
                operations;

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              our debt and financial obligations could adversely affect our financial condition, our ability to obtain future financing and our ability to operate our business;

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              changes as the result of government enacted national healthcare reform;

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              the ability to control variable interest entities for which we do not have a direct ownership;

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              business and regulatory conditions, including federal and state regulations;

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              governmental and other third party payor inspections, reviews, investigations and audits, which may result in sanctions or reputational harm and increased costs;

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              revenue and earnings expectations;

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              contingent consideration provisions in certain our acquisition agreements, the value of which may impact future financial results;

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              legal actions, which could subject us to increased operating costs and uninsured liabilities;

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              general economic conditions, including but not limited to inflationary and recessionary periods;

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              actual or perceived events involving banking volatility or limited liability, defaults or other adverse developments that affect the U.S or the international financial systems, may result
                in market wide liquidity problems which could have a material and adverse impact on our available cash and results of operations;

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              our business depends on hiring, training, and retaining qualified employees;

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              availability and cost of qualified physical therapists;

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              competitive environment in