U.S. Physical Therapy, Inc. (NYSE:USPH) Q4 2023 Earnings Call Transcript

If it is, it saves massive amount of cost. And so we’re going to continue to beat that drum. My ability to absolutely predict what happens I would say is not great, but you know we’re [Technical Difficulty] —

Mike Petusky: No, I think I lost you. Thank you. That’s great. And just one quick one on the M&A that’s included in the guidance, I’m assuming that’s all PT and no injury prevention, is that correct?

Christopher Reading: Don’t make that assumption.

Mike Petusky: Okay. Fair enough. Thank you so much and nice a nice finish to the year. Thanks.

Christopher Reading: No, I will say that for everybody’s benefit, I mean, statistically speaking, while we’ve been active in injury prevention and expect to continue to be active, the majority of the deals that we get done are in the PT space, but you can expect us to be active and both.

Operator: And it appears that we have no further questions at this time. I will now turn the program back over to our presenters for any additional or closing remarks.

Christopher Reading: We really truly appreciate your time and attention this morning. Carey and I are available later to answer questions either today or later this week or next week. We appreciate your interest, and we hope you have a great day. Bye now.

Carey Hendrickson: Thanks, everyone.

Operator: That concludes today’s teleconference. Thank you for your participation. You may now disconnect from in the room.