UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 4, 2010 (March 4, 2010)

U.S. PHYSICAL THERAPY, INC.
(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code: (713) 297-7000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01         Other Events

Today on U.S. Physical Therapy’s 2009 year end earnings conference call it was disclosed that the severe winter weather  in January and February of this year has resulted in the estimated loss of over 9,000 scheduled patient visits with a net earnings impact of about $550,000 or approximately $.05 in diluted earnings per share. Allowing for that, the Company gave earnings guidance for 2010 of net earnings in the range of $13.4 million to $14.2 million or $1.14 to $1.20 in diluted earnings per share.

To listen to a replay of the conference call, go to the Company's website at www.usph.com.  The conference call can be accessed for approximately the next 120 days at this website.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.