Professional Physical Therapy Acquires Optimum Physical Therapy (Warwick, NY)

U.S. Physical Therapy Acquires 75% Stake in Eight-Clinic Wyoming Hand and Physical Therapy Practice

December 2, 2024

Healthcare Services

U.S. Physical Therapy, Inc. (USPH) acquired a 75% interest in an eight-clinic hand and physical therapy practice operating in Wyoming, with the practice's current owners retaining a 25% stake. The practice generates approximately $6.5 million in annual revenues and about 43,000 annual visits; the deal expands USPH's outpatient clinic footprint in Wyoming.

U.S. Physical Therapy Acquires Majority Stake in Six-Clinic Physical Therapy Practice

September 1, 2022

Healthcare Services

U.S. Physical Therapy, Inc. (USPH) acquired a 70% equity interest in a six-clinic physical therapy practice operating clinics in West Virginia and Pennsylvania for approximately $3.5 million. The practice generates over $2.5 million in annual revenue and will remain partly owned by the practice's founder and owners, who retain a 30% stake.

Professional Physical Therapy Acquires Somerset Family Physical Therapy

May 31, 2022

Healthcare Services

Professional Physical Therapy (Melville, NY) has acquired Somerset Family Physical Therapy, a single-clinic orthopedic outpatient practice in Somerset, New Jersey. The clinic will continue operating under Professional Physical Therapy with founder Kevin Kurtz remaining as Clinic Director, expanding Professional's New Jersey footprint and patient access to insurance networks and telehealth services.

U.S. Physical Therapy Acquires Majority Stake in Eight-Clinic Physical Therapy Practice

July 1, 2021

Healthcare Services

U.S. Physical Therapy, Inc. acquired a 65% equity interest in an eight-clinic physical therapy practice for $10.3 million; the practice's founder and owners retained the remaining 35%. The business generates more than $7.3 million in annual revenue and approximately 65,000 patient visits per year, and the acquisition expands USPH's outpatient clinic footprint and scale.

Professional Physical Therapy Acquires Freehold Physical Therapy

May 19, 2021

Healthcare Services

Professional Physical Therapy, a Melville, New York–based outpatient therapy operator, has acquired Freehold Physical Therapy in Freehold, New Jersey. The acquisition adds a community clinic (with the existing staff retained) to Professional's Northeast network to broaden local access to outpatient rehabilitation services.

Professional Physical Therapy Acquires PRO Sports Physical Therapy of Westchester

May 17, 2021

Healthcare Services

Professional Physical Therapy, a Melville, New York–based outpatient physical therapy provider, has acquired PRO Sports Physical Therapy of Westchester, a single-clinic practice in Scarsdale, New York. Founder Tim Tyler will remain on as Clinic Director, and the acquisition expands Professional Physical Therapy’s footprint and clinical capabilities in the New York metropolitan area.