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University General Health System, Inc. (UGHS) Acquires Robert Horry Center for Sports and Physical Rehabilitation

University General Health System, Inc., a diversified, integrated multi-specialty health care delivery system, today announced the acquisition of the Robert Horry Center for Sports and Physical Rehabilitation Center in southwest Houston. This is the third physical therapy clinic to be acquired and further expands the number of hospital outpatient departments owned and operated by the Company’s flagship University General Hospital. The Robert Horry Center was acquired for an undisclosed amount of cash.

“The superb quality of care and excellent reputation of the Robert Horry Center reflect the high standards that guide the continued expansion of our regional health network within the Houston metropolitan area,” stated Hassan Chahadeh, MD, Chairman and Chief Executive Officer of University General Health System, Inc. “This expansion is expected to increase University General’s annual revenue by over $1 million during 2013, and we are delighted to be associated with Mr. Horry and his team of professionals.”

“We are eager to join University General’s regional health care delivery system, as its philosophy of patient care and concierge service is highly compatible with our existing center,” stated Robert Horry, President and Founder of the Robert Horry Center for Sports and Physical Rehabilitation. “We look forward to expanding together in the Houston market.”

Mr. Horry is a Houstonian who retired from the National Basketball Association after 16 years as a professional player with such teams as the Houston Rockets, Los Angeles Lakers, Phoenix Suns, and San Antonio Spurs. He is one of only two NBA players to win championships with three different teams.

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