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The latest update is out from US Physical Therapy ( (USPH) ).
U.S. Physical Therapy, Inc. has expanded its reach by acquiring a 50% equity interest in MSO Metro, LLC, enhancing their management of 50 outpatient physical therapy clinics, mainly in New York. This strategic acquisition, valued at approximately $76.5 million, aligns with their growth plans and offers potential for an additional $20 million based on Metro’s performance. The clinics are set to provide comprehensive therapy services, boosting USPH’s annual revenue and EBITDA significantly.
For detailed information about USPH stock, go to TipRanks’ Stock Analysis page.