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US Physical Therapy's Briotix Health Unit Acquires Industrial Injury Prevention Business for $24 Million
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US Physical Therapy's Briotix Health Unit Acquires Industrial Injury Prevention Business for $24 Million
May 1, 2024 8:40 AM

11:09 AM EDT, 05/01/2024 (MT Newswires) -- US Physical Therapy ( USPH ) said Wednesday its Briotix Health company acquired an industrial injury prevention services business for $24 million.

The business has $11 million in annual revenue, the company said.

US Physical Therapy ( USPH ) also acquired a two-clinic physical therapy practice with $1 million in annual revenue for an undisclosed amount.

Shares of the company rose 1.6% in recent Wednesday trading.

Price: 103.09, Change: +1.58, Percent Change: +1.56

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