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): August 14, 2007
                                (August 14, 2007)

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

      Nevada                        1-11151                76-0364866
      ------                        -------                ----------
 (State or other jurisdiction of  (Commission            (I.R.S. Employer
  incorporation or organization)  File Number)           Identification No.)

1300 West Sam Houston Parkway South, Suite 300, Houston, Texas      77042
---------------------------------------------------------------    ----------
    (Address of Principal Executive Offices)
                                                                   (Zip Code)

       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(b) under the Exchange Act
     (17 CFR 240.14a-12(b))

[_]  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 7.01 Regulation FD Disclosure.

     U. S. Physical Therapy, Inc. (the "Company") will deliver a presentation on
Tuesday, August 14, 2007 at the CJS Securities 7th Annual Summer "New Ideas"
Small Cap Investor Conference being held at the Metropolis Country Club in White
Plains, New York. Lawrance McAfee, Executive Vice President and Chief Financial
Officer, will address the conference.

     A copy of the presentation may be accessed on the Company's website,
www.usph.com.

     The investor presentation contains certain non-GAAP financial measures as
defined under Regulation G of the rules and regulations of the SEC. The non-GAAP
financial measures contained in the presentation include a presentation of
EBITDAEC. EBITDAEC equals net income before interest, taxes, amortization and
depreciation and equity compensation expense. See the addendum included in the
presentation for a reconciliation of net income to EBITDAEC. Management believes
providing this non-GAAP financial information to investors is useful information
for comparing the Company's period-to-period results.

     Pursuant to the rules of the Securities and Exchange Commission, the
information contained in this report shall not be deemed to be "filed" for the
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and
will not be incorporated by reference into any filings by the Company under such
Act or the Securities Act of 1933, as amended.






                                    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.


                                 U.S. PHYSICAL THERAPY, INC.


Dated: August 14, 2007         By:  /s/ LAWRANCE W. MCAFEE
                                    ------------------------
                                    Lawrance  W. McAfee
                                    Chief Financial Officer
                                    (duly  authorized  officer  and
                                     principal financial andaccounting officer)