USPH - U.S. Physical Therapy acquires two-clinic practice
- U.S. Physical Therapy ( NYSE: USPH ) has acquired a two-clinic physical therapy practice .
- The company now has 80% equity interest in the practice, which it paid ~$4.2M for. The practice owners retain the other 20%.
- U.S. Physical Therapy ( USPH ) said the practice generates more than $2.5M in annual revenue and ~17,000 patient visits.
- The location of the practice was not disclosed.
- Check out why Seeking Alpha contributor Hummingbird Insights considers U.S. Physical Therapy ( USPH ) a hold.
For further details see:
U.S. Physical Therapy acquires two-clinic practice