US Physical Therapy Expands with Strategic Acquisition
Company Announcements

US Physical Therapy Expands with Strategic Acquisition

The latest update is out from US Physical Therapy ( (USPH) ).

U.S. Physical Therapy, Inc. has expanded its reach by acquiring a 50% equity interest in MSO Metro, LLC, enhancing their management of 50 outpatient physical therapy clinics, mainly in New York. This strategic acquisition, valued at approximately $76.5 million, aligns with their growth plans and offers potential for an additional $20 million based on Metro’s performance. The clinics are set to provide comprehensive therapy services, boosting USPH’s annual revenue and EBITDA significantly.

For detailed information about USPH stock, go to TipRanks’ Stock Analysis page.

Related Articles
Austin AngeloUSPH Earnings this Week: How Will it Perform?
TipRanks Auto-Generated NewsdeskUS Physical Therapy Expands Empire with Strategic Acquisition
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App