USPh Announces the Acquisition of a Twelve-Clinic Physical Therapy Practice
Thursday, July 02, 2026 6:30 AM, EST
Houston, TX, July 2, 2026 – U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas:
USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention
services, today announced the acquisition of a twelve-clinic physical therapy practice, effective July 1, 2026.
USPH acquired a 67% equity interest, with 33% retained by the current owners. The practice currently generates
approximately 112,000 annual visits and $12 million in annual revenue.
Graham Reeve, Chief Operating Officer-West, said, “We are thrilled to welcome our newest partners and our
newest state to the USPH family. The expansion to a new state represents an important step in USPH’s
continuing growth. Our new partners are known for delivering exceptional clinical care while building trusted
relationships within the communities they serve, and we look forward to building on this strong foundation
together.”
This acquisition expands USPH’s footprint from 44 to 45 states, demonstrating our commitment to bring bestin class physical therapy services to local communities while leveraging national resources and expertise to
drive growth and deliver exceptional patient care.
About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 795 outpatient physical therapy clinics in
45 states. USPH clinics provide preventative and post-operative care for a variety of orthopedic-related
disorders and sports-related injuries, treatment for neurologically related injuries and rehabilitation of injured
workers. USPH also has an industrial injury prevention business which provides onsite services for clients’
employees including injury prevention and rehabilitation, performance optimization, post-offer employment
testing, functional capacity evaluations, and ergonomic assessments.
More information about U.S. Physical Therapy, Inc. is available at www.usph.com. The information included
on that website is not incorporated into this press release.