{"id":761049,"date":"2023-05-31T16:05:28","date_gmt":"2023-05-31T20:05:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\/"},"modified":"2023-05-31T16:05:28","modified_gmt":"2023-05-31T20:05:28","slug":"u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\/","title":{"rendered":"U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nU.S. Physical Therapy, Inc. (&#8220;USPH&#8221; or the \u201cCompany\u201d) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced an acquisition of a physical therapy practice with four clinics.<\/p>\n<p>\nUSPH and its local partners together acquired a 75% equity interest in the practice for a purchase price of $3.1 million, with the current practice owners retaining a 25% equity interest. The business currently generates approximately $2.6 million in annual revenues and approximately 27,000 annual visits.<\/p>\n<p><b><span class=\"bwuline\">About U.S. Physical Therapy, Inc.<\/span><\/b><\/p>\n<p>\nFounded in 1990, U.S. Physical Therapy, Inc. operates 655 outpatient physical therapy clinics in 40 states. The Company&#8217;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 34 physical therapy facilities for unaffiliated third parties, including hospitals and physician groups. The Company also has an industrial injury prevention business which provides onsite services for clients\u2019 employees including injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments.<\/p>\n<p>\nMore information about U.S. Physical Therapy, Inc. is available at <span class=\"bwuline\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.usph.com&amp;esheet=53410884&amp;newsitemid=20230531005978&amp;lan=en-US&amp;anchor=www.usph.com&amp;index=1&amp;md5=2327b931cbbb90ee130bfa226218c985\">www.usph.com<\/a><\/span>. The information included on that website is not incorporated into this press release.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230531005978r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230531005978\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230531005978\/en\/<\/a><\/span><\/p>\n<p>\nU.S. Physical Therapy, Inc.<br \/>\n<br \/>Carey Hendrickson, Chief Financial Officer<br \/>\n<br \/>email: <a rel=\"nofollow\" href=\"mailto:chendrickson@usph.com\">chendrickson@usph.com<br \/>\n<\/a><\/p>\n<p>Chris Reading, Chief Executive Officer<br \/>\n<br \/>(713) 297-7000<\/p>\n<p>Three Part Advisors<br \/>\n<br \/>Joe Noyons<br \/>\n<br \/>(817) 778-8424<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> General Health Health Nursing Physical Therapy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230531005978\/en\/1125594\/3\/LOGO_USPh_2020-06-RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice HOUSTON&#8211;(BUSINESS WIRE)&#8211; U.S. Physical Therapy, Inc. (&#8220;USPH&#8221; or the \u201cCompany\u201d) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced an acquisition of a physical therapy practice with four clinics. USPH and its local partners together acquired a 75% equity interest in the practice for a purchase price of $3.1 million, with the current practice owners retaining a 25% equity interest. The business currently generates approximately $2.6 million in annual revenues and approximately 27,000 annual visits. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. operates 655 outpatient physical therapy clinics in 40 states. The Company&#8217;s clinics &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-761049","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice HOUSTON&#8211;(BUSINESS WIRE)&#8211; U.S. Physical Therapy, Inc. (&#8220;USPH&#8221; or the \u201cCompany\u201d) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced an acquisition of a physical therapy practice with four clinics. USPH and its local partners together acquired a 75% equity interest in the practice for a purchase price of $3.1 million, with the current practice owners retaining a 25% equity interest. The business currently generates approximately $2.6 million in annual revenues and approximately 27,000 annual visits. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. operates 655 outpatient physical therapy clinics in 40 states. The Company&#8217;s clinics &hellip; Continue reading &quot;U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-31T20:05:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230531005978r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice\",\"datePublished\":\"2023-05-31T20:05:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\\\/\"},\"wordCount\":289,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230531005978r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-physical-therapy-announces-acquisition-of-a-four-clinic-physical-therapy-practice\\\/\",\"name\":\"U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice - 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