US Physical Therapy (USPH) Announces Acquisitions

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U.S. Physical Therapy Announces Acquisitions

May 1, 2024 8:30 AM EDT

The Company Acquired an Industrial Injury Prevention Business and a Physical Therapy Practice

HOUSTON--(BUSINESS WIRE)-- U.S. Physical Therapy, Inc. (USPH or the Company) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (IIP), announced the acquisition of an IIP services business by one of its primary IIP companies, Briotix Health Limited Partnership (Briotix). Briotix purchased 100% of the IIP services business for a total purchase price of approximately $24.0 million. The business currently generates approximately $11.0 million in annual... More