U S PHYSICAL THERAPY INC /NV 8-K

What Happened
U.S. Physical Therapy, Inc. (NYSE: USPH) announced on July 2, 2026 (8-K filed July 6, 2026) that it acquired a 67% equity interest in a twelve-clinic physical therapy practice, effective July 1, 2026. The sellers retain a 33% interest. The acquired practice currently generates about 112,000 annual patient visits and approximately $12 million in annual revenue. A company press release is attached to the 8-K as Exhibit 99.1.

Key Details

• Acquisition effective date: July 1, 2026; announcement date: July 2, 2026 (8-K filed July 6, 2026).
• Ownership split: USPH acquired 67%; existing owners retain 33%.
• Scale of acquired business: ~112,000 annual visits and ~$12 million in annual revenue.
• Press release attached as Exhibit 99.1; the filing notes the exhibit is not deemed "filed" under Section 18 of the Exchange Act.

Why It Matters
This acquisition expands USPH’s outpatient clinic footprint and adds a business that already generates measurable patient volume and revenue. For investors, the key takeaways are the revenue and visit contributions ($12M and ~112k visits) and the retained minority stake by prior owners, which can support continuity and alignment during integration. The 8-K does not disclose purchase price or expected financial impact on USPH’s results, so investors should watch for future filings or guidance for material financial effects.