U.S. Physical Therapy, Inc. announced the acquisition of a physical therapy practice comprising three clinic locations. This expansion contributes to the company's growing national footprint.
The acquired practice currently generates approximately $5.3 million in annual revenues and records 28,000 annual patient visits. U.S. Physical Therapy acquired a 60% interest in the practice, with the original owners retaining a 40% ownership interest.
This acquisition aligns with USPH's strategy to augment its organic growth through strategic partnerships. The company aims to support the founders in continuing to serve patients in their communities effectively.
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