US Physical Therapy Announces Medicare Reimbursement Reduction, Sees $0.13-0.18 Reduction in FY13 EPS from ATRA
U.S. Physical Therapy, Inc. (NYSE: USPH ), a national operator of outpatient physical therapy clinics, announced that the American Taxpayer Relief Act of 2012 signed into law last week includes provisions which will reduce reimbursement for physical therapy services provided to Medicare patients. In 2011, Centers for Medicare & Medicaid Services (“CMS”) adopted
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