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

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ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

Exhibits Description of Exhibits

99.1 Registrant's Press Release dated July 1, 2021*

* Filed herewith.

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