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 October 2, 2023, U.S. Physical Therapy, Inc., a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of two physical therapy practices in separate transactions, expanding the Company’s presence in Alaska and adding its first clinics in the state of Colorado.
- In August 2023, The Ensign Group, Inc. announced that it acquired the real estate and operations of Rehabilitation and Nursing Center of the Rockies, a 96-bed skilled nursing facility located in Fort Collins, Colorado. Ensign also acquired the real estate and operations of Belmont Terrace, a 95-bed skilled nursing facility located in Bremerton, Washington and Puget Sound Transitional Care, a 125-bed skilled nursing facility located in Des Moines, Washington.
