StockNews.AI
USPH
StockNews.AI
111 days

U.S. Physical Therapy Announces the Acquisition of an Outpatient Home Care Physical and Speech Therapy Practice

1. USPH announced acquisition of an outpatient home care practice generating $2.1 million annually. 2. The acquisition through Metro strengthens USPH's service offerings in therapy sectors.

M&A
+0.34%Current Return
VS
+0.76%S&P 500
$71.1104/30 04:34 PM EDTEvent Start
$71.3505/01 11:09 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

Acquisitions often contribute positively to future revenue growth. Historical examples show similar strategies boosting stock prices for healthcare providers.

How important is it?

The acquisition is likely to enhance revenue and expand market presence, which is crucial for a therapy provider like USPH.

Why Short Term?

Immediate impact anticipated as the new revenue stream begins contributing financially. Recent acquisitions in the sector have shown quick revenue integration.

Related Companies

MCKHLTAMGN
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 an outpatient home care practice that provides physical, occupational, and speech therapy through its 50%-owned subsidiary, MSO Metro, LLC (“Metro”). The practice currently generates approximately $2.1 million in annual revenues. Metro acquired an 80% interest in the acqui.

Related News