U.S. Physical Therapy, Inc. announced the acquisition of an outpatient home care practice through its 50%-owned subsidiary, MSO Metro, LLC. This strategic move expands USPH's service offerings to include physical, occupational, and speech therapy provided in patients' homes.
The acquired home care practice currently generates approximately $2.1 million in annual revenues. MSO Metro, LLC acquired an 80% interest in the practice, with the original practice owners retaining a 20% equity interest.
This acquisition aligns with the company's strategy to diversify its service lines and capitalize on the demand for home-based therapy. It also demonstrates the continued growth and strategic importance of the MSO Metro subsidiary.
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