USPH News & Events

U.S. Physical Therapy announced the acquisition of an industrial injury prevention business for approximately $15.1 million. The business currently generates approximately $7.0 million in annual revenues. USPH acquired a 70% interest and 30% was retained by the current owner.

U.S. Physical Therapy announced a 10-year strategic alliance between its subsidiary partner, Metro Physical & Aquatic Therapy, and NYU Langone Health. NYU Langone and Metro Physical Therapy will work together in Long Island and the New York metropolitan area to deliver physical therapy care to patients throughout the region. Through this agreement, Metro Physical Therapy's existing 60 outpatient physical therapy clinics will become a part of NYU Langone's clinical services network. It is anticipated that this alliance will become operational commencing within the next few months.

U.S. Physical Therapy announced the acquisition of a physical therapy management services company, which exclusively manages a physical therapy practice with eight clinic locations, generating approximately $8M in annual revenues and 66,000 in annual visits. USPH acquired a 50% interest and 50% was retained by the current owners.