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U.S. Physical Therapy, Inc. Carey Hendrickson, Chief Financial Officer email: chendrickson@usph.com Chris Reading, Chief Executive Officer (713) 297-7000 Three Part Advisors Joe Noyons (817) 778-8424 U.S. Physic

Key Takeaway: U.S. Physical Therapy, Inc. announced the election of Nancy Ham to its Board of Directors during the Annual Shareholders' Meeting held on May 16, 2023. Ham brings a wealth of experience from her previous role as CEO of WebPT and a strong background in healthcare technology. The Board, led by Chairman Edward Kuntz, expressed confidence in her ability to contribute valuable insights and perspectives.

Market Sentiment Analysis

POSITIVE FACTORS

  • Nancy Ham's election is expected to bring valuable insights to the board.
  • Ham has extensive experience in healthcare technology, enhancing company governance.
  • The appointment reflects U.S. Physical Therapy's commitment to strong leadership.

Full Press Release Details

U.S. Physical Therapy, Inc.
Carey Hendrickson, Chief Financial Officer
Chris Reading, Chief Executive Officer
U.S. Physical Therapy Elects Nancy Ham
to the Board of Directors
Houston, TX, May 16, 2023 - U.S.
Physical Therapy, Inc. ("USPH" or the "Company") (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced today that Ms. Nancy Ham was elected to serve on the
Company's Board of Directors ("Board") during the Company's Annual Shareholders' Meeting held on May 16, 2023, with her service effective on the same date.
Ms. Ham is the former Chief Executive Officer and Director of WebPT, a national provider of billing systems and electronic
medical record solutions, where she served in such roles from 2016 through 2021. Prior to WebPT, from 2005 through 2016, Ms. Ham served as Chief Executive Officer and/or President of four companies involved in various aspects of the health care
technology industry, serving hospitals, rehabilitation providers and health plans. Ms. Ham currently serves as a director of HST Pathways, a leading provider of software solutions to health care providers, Blue Cross Blue Shield of Arizona, a health
insurance company, and Power Wellness, a medical fitness company. She is also an Advisory Board Member of Madison Dearborn Partners, LLC, a private equity firm focused on healthcare technology services, HLM Ventures, a venture capital firm also
focused on health care technology services, and LRV Health, a venture capital firm focused on health care technology.
Edward Kuntz, Chairman of the Board, stated, "On behalf of the Board of Directors, I am delighted to welcome Nancy as a new independent director. I am
confident that she will bring valuable insight and perspective to the Board."
About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. operates 649 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. In addition to owning and operating clinics, the Company manages
34 physical therapy facilities for unaffiliated third parties, including hospitals and physician groups. The Company also has an industrial injury prevention business which provides onsite services for clients' employees including injury prevention
and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments.
More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The information included on that website is not incorporated into this

Frequently Asked Questions

Who was elected to the U.S. Physical Therapy Board?

Nancy Ham was elected to the Board of Directors on May 16, 2023.

What companies did Nancy Ham lead before joining USPH?

Ms. Ham was the CEO of WebPT and led four other healthcare technology firms.

How many outpatient clinics does U.S. Physical Therapy operate?

U.S. Physical Therapy operates 649 outpatient clinics across 40 states.

What services does U.S. Physical Therapy provide?

They offer preventive care, post-operative care, and rehabilitation services.

When was U.S. Physical Therapy founded?

U.S. Physical Therapy was founded in 1990.

Last updated: May 16, 2023