USPh Announces the Acquisition of a Three-Clinic Physical Therapy Practice

Monday, March 03, 2025 7:30 AM, EST

Houston, TX, March 3, 2025 – U.S. Physical Therapy, Inc. (the Company”) (NYSE: USPH), a national operator of
outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of a
physical therapy practice with three clinic locations in Wyoming, which currently generates approximately $4.3 million
in annual revenues and 23,000 in annual visits. The Company acquired a 65% interest in the acquired company with the
current owners retaining a 35% ownership interest.

Graham Reeve, Chief Operating Officer-West, said, “We are excited to welcome our newest partners into our USPH
family and expand our service offerings in the state of Wyoming. This team has developed incredible relationships in
the communities they serve, and we look forward to assisting and supporting them as they continue to build on this
foundation in the future.”

About U.S. Physical Therapy, Inc.
Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 775 outpatient physical therapy clinics in
43 states. USPH 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. USPH also has an industrial injury prevention business which provides onsite services for clients’
employees including injury prevention and rehabilitation, performance optimization, post-offer employment
testing, functional capacity evaluations, and ergonomic assessments.

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.