Subsequent Events

6 Months Ended

Jun. 30, 2011

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

6. SUBSEQUENT EVENTS

On July 14, 2011, the Company amended its Credit Agreement with Bank of America (“Credit Agreement”) to increase the commitment amount under the Credit Agreement from $50,000,000 to $75,000,000. The Credit Agreement matures August 31, 2015.

Effective July 25, 2011, the Company acquired a 51% interest in a 20 clinic physical therapy group. The purchase price for the 51% interest was $8,426,000 of which $8,226,000 was paid in cash and $200,000 in the form of seller notes.