Outpatient Care Stocks: Mixed Q3 Results, Growth Ahead

Outpatient and specialty care stocks, including U.S. Physical Therapy, reported mixed third quarter earnings, with revenues slightly beating expectations but share prices dropping. U.S. Physical Therapy saw a 17.3% increase in revenues, driven by record visits and clinic expansion, yet its stock fell 4%. The industry faces growth opportunities due to an aging population, but challenges like reimbursement cuts and labor shortages could hinder progress.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.