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Stock impact report

U.S. Physical Therapy Announces the Acquisition of a Three-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 practice with three clinic locations in Wyoming, which currently generates approximately $4.3 million in annual revenues and 23,000 in annual visits. The Company acquired a 65% interest in the acquired company with the current owners retaining a 35% ownership interest.Graham Reeve, Chief Operating Officer-West, said, “We are excited to welcome our newest partners into our USPH family and expand our service offerings in the state of Wyoming. This team has developed incredible relationships in the communities they serve, and we look forward to assisting and supporting them as they continue to build on this foundation in the future.”About U.S. Physical Therapy, Inc.Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 775 outpatient Show less Read more
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