EXHIBIT 23.1

                               CONSENT OF KPMG LLP

Board of Directors
U.S. Physical Therapy, Inc.:

We consent to the incorporation by reference in the registration statements
(Nos. 33-63446, 33-63444, 33-91004, 33-93040, 333-30071, 333-64159, 333-67680,
333-67678, 333-82932 and 333-103057) on Form S-8 of U.S. Physical Therapy, Inc.
of our report dated March 4, 2004, with respect to the consolidated balance
sheets of U.S. Physical Therapy, Inc. and subsidiaries as of December 31, 2003
and 2002, and the related consolidated statements of operations, shareholders'
equity, and cash flows for each of the years in the three-year period ended
December 31, 2003, and the related consolidated financial statement schedule,
which report appears in the December 31, 2003 annual report on Form 10-K of U.S.
Physical Therapy, Inc.

KPMG LLP

Houston, Texas
March 11, 2004





                                       48