ATI Physical Therapy, Inc. (ATIP) came out with a quarterly loss of $4.89 per share versus the Zacks Consensus Estimate of a loss of $3.12. This compares to loss of $4.42 per share a year ago.
ATI Physical Therapy, Inc. (NYSE:ATIP ) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Sharon Vitti - Chief Executive Officer Eimile Tansey - Chief People Officer Joseph Jordan - Chief Financial Officer Conference Call Participants Brian Tanquilut - Jefferies Operator Good afternoon. And welcome to ATI Physical Therapy's Third Quarter 2024 Earnings Conference Call and Webcast.
ATI Physical Therapy (ATIP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
| - Industry | - Sector | Ms. Sharon Vitti CEO | OTC PINK Exchange | US00216W1099 ISIN |
| United States Country | 6,000 Employees | - Last Dividend | 15 Jun 2023 Last Split | - IPO Date |
ATI Physical Therapy, Inc., established in 1996 and headquartered in Bolingbrook, Illinois, positions itself as a leading provider of outpatient physical therapy and adjacent healthcare services across the United States. The company is committed to offering comprehensive rehabilitation and wellness programs, catering to a multitude of physical conditions, specifically focusing on spine, shoulder, knee, and neck injuries or discomforts. Apart from individual patient services, ATI Physical Therapy extends its expertise to employers through specialized worksite solutions aimed at injury prevention, assessment, and wellness consultation, thereby embracing a holistic approach towards physical therapy and rehabilitation.
Specializing in the treatment of spine, shoulder, knee, and neck injuries or pain, ATI Physical Therapy provides personalized care plans to address the specific needs of its patients. Its goal is to restore functionality, alleviate pain, and help patients achieve their physical health objectives.
This service includes work conditioning and work hardening programs designed to assist patients in recovering from work-related injuries. The aim is to safely expedite the return to work process while ensuring the readiness of the individual to resume work-related tasks.
ATI offers specialized therapies for more specific needs such as hand therapy for injuries or conditions affecting the hand and upper extremity, and aquatic therapy which uses water to provide a low-impact environment for rehabilitation exercises.
This assessment determines an individual's capacity to perform work-related tasks and is a critical component in developing an effective rehabilitation or return-to-work plan.
Addressing the needs of athletes, ATI provides sports medicine services that include clinical evaluation and diagnosis, emergency care, nutrition programs, and concussion management, alongside general wellness programs designed to promote healthy, active lifestyles.
Geared towards employers, this suite of services focuses on injury prevention programs, work-related injury assessment, wellness offerings, and consultations. It aims to help companies maintain a healthy, productive workforce by addressing and mitigating the risks of workplace injuries.
ATI Physical Therapy incorporates proprietary EMR technology into its operations, allowing for efficient caseload management, secure patient records handling, and streamlined communication between therapists and patients, ensuring a high standard of care and operational efficiency.