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Segment Information
12 Months Ended
Dec. 31, 2022
Segment Information [Abstract]  
Segment Information
14. Segment Information


The Company’s reportable segments include the physical therapy operations segment and the industrial injury prevention services segment. Also included in the physical therapy operations segment are revenues from management contract services and other services which include services the Company provides on-site, such as schools for athletic trainers.


The Company evaluates performance of the segments based on gross profit. The Company has provided additional information regarding its reportable segments which contributes to the understanding of the Company and provides useful information.


The following table summarizes selected financial data for the Company’s reportable segments. Prior year results presented herein have been changed to conform to the current presentation.

Segment Financials

    Year Ended
 
 
December 31, 2022
   
December 31, 2021
   
December 31, 2020
 
                   
Net operating revenue:
                 
Physical therapy operations
 
$
476,092
   
$
451,122
   
$
383,770
 
Industrial injury prevention services
   
77,052
     
43,900
     
39,199
 
Total Company
 
$
553,144
   
$
495,022
   
$
422,969
 
 
                       
Gross profit:
                       
Physical therapy operations
 
$
96,057
   
$
106,488
   
$
84,364
 
Industrial injury prevention services
   
15,967
     
10,694
     
10,086
 
Gross profit
 
$
112,024
   
$
117,182
   
$
94,450
 
 
                       
Total Assets:
                       
Physical therapy operations
 
$
514,229
   
$
587,801
   
$
499,911
 
Industrial injury prevention services
   
343,925
     
161,625
     
94,450
 
Total Company
 
$
858,154
   
$
749,426
   
$
594,361