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.
Industry Highlights
- On December 2, 2022, The Ensign Group, Inc., which invest in and provide skilled nursing and senior living services announced that it acquired the operations of Brighton Care Center, a 108-bed skilled nursing facility located in Brighton, Colorado, and Malley Transitional Care Center, a 162-bed skilled nursing facility located in Northglenn, Colorado.
- On November 30, 2022, U.S. Physical Therapy, Inc., a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of a thirteen-clinic physical therapy practice for $25 million. USPH acquired 80% of the equity interests of the physical therapy practice with the practice’s owners retaining 20%.
