Industry Update: Health Practices
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.
- On July 1, 2021, U.S. Physical Therapy, Inc., a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of 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.
- On June 1, 2021, Encompass Health Corp., a national leader in integrated healthcare services, announced it has completed its previously announced acquisition of Frontier Home Health and Hospice. This acquisition adds nine home health and 11 hospice locations to the Company’s footprint, allowing the Company to serve markets in Alaska, Montana, and Washington.
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