Current Report Filing (8-k)
01 May 2015 - 11:17PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 1, 2015
(May
1, 2015)
U.S.
PHYSICAL THERAPY, INC.
(Exact
name of registrant as specified in its charter)
Nevada
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1-11151
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76-0364866
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(State or other jurisdiction of
incorporation or organization)
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(Commission File
Number)
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(I.R.S. Employer
Identification No.)
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1300 West Sam Houston Parkway South, Suite 300, Houston,
Texas
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77042
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (713)
297-7000
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see
General Instruction A.2. below):
⃞
Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
⃞
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
⃞
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
⃞
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 OTHER EVENTS
On May 1, 2015, U. S. Physical Therapy, Inc. (the “Company”) announced
it has purchased a majority interest in a three-clinic physical therapy
business. The business sees more than 30,000 patient visits per year and
generates approximately $3.4 million in annual revenue. The purchase was
effective April 30, 2015. The purchase price for the 70% interest was
$4,800,000.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibits
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Description of Exhibits
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99.1
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Registrant's press release dated May 1, 2015.*
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*Furnished herewith.
SIGNATURE
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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U.S. PHYSICAL THERAPY, INC.
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Dated:
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May 1, 2015
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By: /s/ LAWRANCE W. MCAFEE
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Lawrance W. McAfee
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Chief Financial Officer
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(duly authorized officer and principal financial
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and accounting officer)
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INDEX TO EXHIBITS
EXHIBIT
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DESCRIPTION OF EXHIBIT
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99.1
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Press Release dated May 1, 2015.*
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* Furnished herewith
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Exhibit 99.1
U.S.
Physical Therapy Makes Acquisition
HOUSTON--(BUSINESS WIRE)--May 1, 2015--U.S. Physical Therapy, Inc.
(NYSE:USPH), a national operator of outpatient physical therapy clinics,
announced today that the Company has acquired a 70% interest in a three
locations physical therapy practice. The business sees more than 30,000
patient visits per year and generates approximately $3.4 million in
annual revenue. The purchase price was $4.8 million.
About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. operates 497 outpatient
physical and occupational therapy clinics in 42 states. The Company's
clinics provide preventative and post-operative care for a variety of
orthopedic-related disorders and sports-related injuries, treatment for
neurologically-related injuries and rehabilitation of injured workers.
In addition to owning and operating clinics, the Company manages 17
physical therapy facilities for third parties, including hospitals and
physician groups.
More information about U.S. Physical Therapy, Inc. is available at www.usph.com.
The information included on that website is not incorporated into this
press release.
CONTACT:
U.S. Physical Therapy, Inc.
Larry McAfee, 713-297-7000
Chief
Financial Officer
or
Chris Reading, 713-297-7000
Chief
Executive Officer
or
Westwicke Partners
Bob East, 443-213-0502
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