Full Press Release Details
Physical Therapy Completes Another Acquisition
Surpasses 500 Clinic Mark
HOUSTON--(BUSINESS WIRE)--July 1, 2015--U.S. Physical Therapy, Inc.
(NYSE: USPH), a national operator of outpatient physical therapy
clinics, announced today that the Company has completed its third
acquisition thus far in 2015. In the most recent transaction, the
Company acquired a 70% interest in a four location physical therapy
practice. The business has approximately 50,000 patient visits per year
and generates $5.5 million in annual revenue. The purchase price was
About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. operates 501 outpatient
physical and occupational therapy clinics in 42 states. The Company's
clinics provide preventative and post-operative care for a variety of
orthopedic-related disorders and sports-related injuries, treatment for
neurologically-related injuries and rehabilitation of injured workers.
In addition to owning and operating clinics, the Company manages 17
physical therapy facilities for third parties, including hospitals and
More information about U.S. Physical Therapy, Inc. is available at www.usph.com.
The information included on that website is not incorporated into this
U.S. Physical Therapy, Inc.
Larry McAfee, (713) 297-7000
Chris Reading, (713) 297-7000
Bob East, (443) 213-0502