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Stock impact report

U.S. Physical Therapy Announces the Acquisition of an Industrial Injury Prevention Business [Yahoo! Finance]

U.S. Physical Therapy, Inc. (USPH) 
Last u.s. physical therapy, inc. earnings: 2/27 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
outpatient physical therapy clinics and provider of industrial injury prevention services, 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. Eric Williams, President and Chief Operating Officer-East, said, "We are extremely pleased to announce this acquisition today which further expands our offerings in industrial injury prevention service lines. The management team is a perfect fit for our culture, and we look forward to exploring cross-selling opportunities with our existing industrial injury prevention partners." About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 780 outpatient physical therapy clinics in 44 states. USPH clinics provide preventative and post-operative care for a variety of orthopedic-related disorders and spor Show less Read more
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