U.S. Physical Therapy Announces the Acquisition of an Eight-Clinic Hand and Physical Therapy Practice
U.S. Physical Therapy (NYSE: USPH) has acquired a 75% interest in an eight-clinic hand and physical therapy practice in Wyoming. The acquired practice generates approximately $6.5 million in annual revenues and 43,000 annual visits. The current owners will retain a 25% ownership interest. USPH currently owns and manages 764 outpatient physical therapy clinics across 43 states, providing preventative and post-operative care for orthopedic-related disorders, sports injuries, neurological injuries, and worker rehabilitation.
U.S. Physical Therapy (NYSE: USPH) ha acquisito una partecipazione del 75% in una pratica di terapia fisica e della mano composta da otto cliniche in Wyoming. La pratica acquisita genera circa 6,5 milioni di dollari di entrate annuali e 43.000 visite annuali. Gli attuali proprietari manterranno una partecipazione di proprietà del 25%. USPH possiede e gestisce attualmente 764 clinic per la terapia fisica ambulatoriale in 43 stati, fornendo assistenza preventiva e post-operatoria per disturbi ortopedici, infortuni sportivi, infortuni neurologici e riabilitazione per lavoratori.
U.S. Physical Therapy (NYSE: USPH) ha adquirido un 75% de una práctica de terapia manual y física con ocho clínicas en Wyoming. La práctica adquirida genera aproximadamente 6,5 millones de dólares en ingresos anuales y 43.000 visitas anuales. Los actuales propietarios mantendrán un 25% de participación. USPH posee y gestiona actualmente 764 clínicas de terapia física ambulatoria en 43 estados, brindando atención preventiva y postoperatoria para trastornos ortopédicos, lesiones deportivas, lesiones neurológicas y rehabilitación laboral.
미국 물리치료(U.S. Physical Therapy, NYSE: USPH)가 와이오밍주에 위치한 8개 클리닉의 손 및 물리 치료 사업체에 75% 지분을 인수했습니다. 인수된 사업체는 연간 약 650만 달러의 수익을 창출하며 43,000회의 연간 방문을 기록하고 있습니다. 현재 소유자는 25%의 지분을 유지합니다. USPH는 현재 43개 주에서 764개의 외래 물리치료 클리닉을 소유하고 관리하며, 정형외과 관련 질환, 스포츠 부상, 신경계 부상 및 작업자 재활을 위한 예방 및 수술 후 치료를 제공합니다.
U.S. Physical Therapy (NYSE: USPH) a acquis une participation de 75 % dans une pratique de thérapie manuelle et physique comptant huit cliniques dans le Wyoming. La pratique acquise génère environ 6,5 millions de dollars de revenus annuels et 43 000 visites annuelles. Les propriétaires actuels conserveront une participation de 25 %. USPH possède et gère actuellement 764 cliniques de physiothérapie ambulatoire dans 43 États, fournissant des soins préventifs et post-opératoires pour les troubles orthopédiques, les blessures sportives, les blessures neurologiques et la réhabilitation des travailleurs.
U.S. Physical Therapy (NYSE: USPH) hat 75% der Anteile an einer achtklinikbetriebenen Hand- und Physiotherapiepraxis in Wyoming erworben. Die übernommene Praxis generiert jährlich etwa 6,5 Millionen Dollar an Einnahmen und 43.000 jährliche Besuche. Die aktuellen Eigentümer werden eine 25%ige Beteiligung behalten. USPH besitzt und betreibt derzeit 764 ambulante Physiotherapiepraxen in 43 Bundesstaaten und bietet präventive sowie nachoperative Versorgung für orthopädische Störungen, Sportverletzungen, neurologische Verletzungen und die Rehabilitation von Arbeitnehmern an.
- Acquisition adds $6.5 million in annual revenue
- Strategic expansion into Wyoming market with 8 new clinics
- High patient volume with 43,000 annual visits
- Retained expertise through 25% ownership structure with current owners
- None.
Insights
This strategic acquisition strengthens USPH's market position in Wyoming with an established hand and physical therapy practice generating
The deal expands USPH's footprint to 764 clinics across 43 states, enhancing their economies of scale. While the revenue contribution is modest at about
Chris Reading, Chief Executive Officer, said, “We are excited to welcome our newest partners into our USPH family. The founders have forged a tremendous asset for patients in their communities. On behalf of our entire team, we all look forward to assisting and supporting them as they work to make a difference in the lives of the patients and families that they serve.”
About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 764 outpatient physical therapy clinics in 43 states. USPH 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. USPH also has an industrial injury prevention business which provides onsite services for clients’ employees including injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments.
More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The information included on that website is not incorporated into this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241202858216/en/
U.S. Physical Therapy, Inc.
Carey Hendrickson, Chief Financial Officer
email: chendrickson@usph.com
Chris Reading, Chief Executive Officer
(713) 297-7000
Three Part Advisors
Joe Noyons
(817) 778-8424
Source: U.S. Physical Therapy, Inc.
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