ITEM 8.01 Other Event.
On July 1, 2021, - U.S. Physical Therapy, Inc. ("USPH" or the "Company") (NYSE:
USPH), a national operator of outpatient physical therapy clinics and provider
of industrial injury prevention services, announced its acquisition of a 65%
interest in an eight-clinic physical therapy practice. USPH acquired 65% of the
equity interests of the physical therapy practice with the practice's founder
and owners retaining 35%. The purchase price was $10.3 million. The business
generates more than $7.3 million in annual revenue and has approximately 65,000
patient visits per year.
A copy of the press release is attached hereto as Exhibit 99.1
--------------------------------------------------------------------------------
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibits Description of Exhibits
99.1 Registrant's Press Release dated July 1, 2021*
* Filed herewith.
© Edgar Online, source Glimpses