U.S. Physical Therapy Acquires 12-Clinic Practice, Expanding to 45 States

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Summary · why it matters

U.S. Physical Therapy has acquired a twelve-clinic physical therapy practice, effective July 1. The company took a 67% equity interest while the existing owners retained 33%, consistent with its partnership-style acquisition model. The acquired practice generates approximately 112,000 annual patient visits and around $12 million in annual revenue. The deal expands U.S. Physical Therapy's footprint from 44 states to 45 states.

Impact on assets 1

Health Care▲ · 1 stocks
U.S. Physical Therapy, Inc.
USPH
▲ PositiveCapitalrelevance

Acquisition of 12-clinic practice with $12M revenue expands footprint and is consistent with growth strategy.