VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Health Practices industry including recent transactions, market multiples, company performance and purchase price allocation percentages.

Industry Highlights

• On September 3, 2024, U.S. Physical Therapy, Inc. announced the acquisition of a physical therapy and hand therapy practice with eight clinic locations located in Pennsylvania which currently generates approximately $5.5 million in annual revenues. The Company acquired a 70% interest in the Company with the current owners retaining a 30% ownership interest.
• On December 2, 2024, U.S. Physical Therapy, Inc. announced the acquisition of a hand and physical therapy practice with eight clinic locations in Wyoming which currently generates approximately $6.5 million in annual revenues and 43,000 in annual visits. The Company acquired a 75% interest in the Company with the current owners retaining a 25% ownership interest.

Past Industry Updates

Health Practices: July 2024

Health Practices: October 2023