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U.S. Physical Therapy Announces the Acquisition of a Three-Clinic Physical Therapy Practice

1. USPH acquires a 65% stake in a Wyoming physical therapy practice generating $4.3M. 2. The acquisition is part of USPH's strategy to expand its clinic footprint.

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FAQ

Why Bullish?

This acquisition increases USPH’s revenue base and market share, similar to past successful expansions. In previous acquisitions, USPH’s stock often responded positively as revenue growth was realized.

How important is it?

The acquisition significantly enhances USPH's revenue capabilities, indicating strong future performance potential, thus impacting investor confidence.

Why Long Term?

The long-term benefits from this acquisition include sustainable revenue growth and competitive positioning in the market. Historically, strategic acquisitions tend to yield positive results over time.

Related Companies

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (the Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of a physical therapy practice with three clinic locations in Wyoming, which currently generates approximately $4.3 million in annual revenues and 23,000 in annual visits. The Company acquired a 65% interest in the acquired company with the current owners retaining a 35% owne.

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