U.S. Physical Therapy, Inc. announced the acquisition of an eight-clinic hand and physical therapy practice located in Wyoming. This expansion adds to the company's growing network of outpatient clinics.
The newly acquired practice currently generates approximately $6.5 million in annual revenues and handles 43,000 annual patient visits. U.S. Physical Therapy acquired a 75% interest in the practice, with the original owners retaining a 25% ownership stake.
This acquisition aligns with USPH's strategy of augmenting organic growth through targeted acquisitions. The addition of these clinics enhances the company's service offerings and market presence in the region.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.