U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics, announced Thursday its second acquisition of 2020. The Company has acquired a 70% interest in a business that manages six hospital-owned outpatient clinics. The management and services contracts have been in place for a number of years with the new contracts, which just commenced, for an additional five years. The purchase price for USPH’s interest is approximately $4 million.
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Source: https://www.businesswire.com/news/home/20201001005147/en/U.S.-Physical-Therapy-Announces-Acquisition