U S PHYSICAL THERAPY INC /NV 8-K

What Happened
U S PHYSICAL THERAPY, INC. (NYSE: USPH) filed a Form 8‑K on January 7, 2026 reporting that on January 5, 2026 the company announced it acquired a 50% interest in a physical therapy management services company that exclusively manages a practice with eight clinic locations. The target generates approximately $8.0 million in annual revenues and about 66,000 annual patient visits; the remaining 50% interest remains with the current owners. A press release describing the transaction was attached as Exhibit 99.1.

Key Details

• Transaction announced January 5, 2026; 8‑K filed January 7, 2026.
• USPH acquired a 50% ownership stake; current owners retained the other 50%.
• Target operates 8 clinic locations, ~$8.0 million in annual revenue, ~66,000 annual visits.
• Press release attached as Exhibit 99.1; filing notes the release is not “filed” for Section 18 liability purposes.

Why It Matters
This is a strategic expansion that adds a modest, revenue-producing clinic group to USPH’s national platform and increases patient volume. Because USPH took a 50% (non‑controlling) stake and the existing owners remain involved, the deal suggests a partnership approach rather than full acquisition; the filing does not disclose purchase price or immediate accounting impact. Investors should view this as an incremental growth-and-partnership move that may boost revenues and visits over time, but further filings or disclosures would be needed to assess financial impact on USPH’s results.