U.S. Physical Therapy Acquires Six-clinic Physical Therapy Practice In West Virginia & Pennsylvania | 01.09.22

(RTTNews) – U.S. Physical Therapy Inc. (USPH) announced an acquisition of a six-clinic physical therapy practice. The clinics are located in West Virginia and Pennsylvania.

The company acquired 70% of the equity interests of the physical therapy practice with the practice’s founder and owners retaining 30%. The purchase price for the 70% equity interest was approximately $3.5 million.

The business reported more than $2.5 million in annual revenue and has approximately 26,000 patient visits per year.

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