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Stock impact report

U.S. Physical Therapy Announces the Acquisition of an Eight-Clinic Physical Therapy Practice

U.S. Physical Therapy, Inc. (USPH) 
Last u.s. physical therapy, inc. earnings: 2/27 08:30 am Check Earnings Report
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of a physical therapy and hand therapy practice with eight clinic locations located in Pennsylvania which currently generates approximately $5.5 million in annual revenues. The Company acquired a 70% interest in the Company with the current owners retaining a 30% ownership interest.About U.S. Physical Therapy, Inc.Founded in 1990, U.S. Physical Therapy, Inc. operates 687 outpatient physical 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 40 physical therapy facilities for unaffiliated third p Show less Read more
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