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USPh Announces the Acquisition of a Twelve-Clinic Physical Therapy Practice

Key Takeaway: U.S. Physical Therapy, Inc. (USPH) has announced the acquisition of a twelve-clinic physical therapy practice, effective July 1, 2026. The company acquired a 67% equity interest, with the remaining 33% retained by the current owners. This acquisition increases USPH's operational presence to 45 states and is expected to enhance patient care and community relationships.
Price reaction · baseline $71.31 (2026-07-01 close) · hit pre-market · 1 other USPH headline(s) in the window, move may be shared
day 0 close · peak
+1.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Acquisition expands USPH's footprint to 45 states.
  • The practice generates significant annual revenue of $12 million.
  • USPH partners are known for exceptional clinical care.
  • The acquisition strengthens community relationships.

Full Press Release Details

USPh Announces the Acquisition of a Twelve-Clinic Physical Therapy Practice
Thursday, July 02, 2026 6:30 AM, EST
Houston, TX, July 2, 2026 – U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced the acquisition of a twelve-clinic physical therapy practice, effective July 1, 2026. USPH acquired a 67% equity interest, with 33% retained by the current owners. The practice currently generates approximately 112,000 annual visits and $12 million in annual revenue. Graham Reeve, Chief Operating Officer-West, said, “We are thrilled to welcome our newest partners and our newest state to the USPH family. The expansion to a new state represents an important step in USPH’s continuing growth. Our new partners are known for delivering exceptional clinical care while building trusted relationships within the communities they serve, and we look forward to building on this strong foundation together.” This acquisition expands USPH’s footprint from 44 to 45 states, demonstrating our commitment to bring bestin class physical therapy services to local communities while leveraging national resources and expertise to drive growth and deliver exceptional patient care. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 795 outpatient physical therapy clinics in 45 states. USPH 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. USPH also has an industrial injury prevention business which provides onsite services for clients’ employees including injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments. 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 press release.

Frequently Asked Questions

What did USPH announce on July 2, 2026?

USPH announced the acquisition of a twelve-clinic physical therapy practice.

What percentage of the acquired practice did USPH acquire?

USPH acquired a 67% equity interest in the practice.

How much annual revenue does the acquired practice generate?

The practice generates approximately $12 million in annual revenue.

How many states does USPH operate in after the acquisition?

USPH now operates in 45 states following the acquisition.

Last updated: Jul 2, 2026