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Concentra Group Holdings Parent, Inc. reports developments tied to its U.S. occupational health services business, including financial results, guidance, cash dividends, and operating updates. The company serves employers and workers through occupational health centers, onsite health clinics, direct-to-employer care, and Concentra Telemed.
Recurring news themes include medical center openings in regional markets, work injury care, physical therapy, drug testing, DOT physical exams, pre-placement exams, and telemedicine for minor work injuries. Company updates also cover leadership transitions, annual and quarterly reporting schedules, balance sheet commentary, and the expansion of Concentra's national occupational medicine network.
Concentra (CON) has opened a new occupational health medical center in Daytona Beach, Florida, its first location in Volusia County. The center at 2200 W. International Speedway, Suite 2, near Interstate 95 and Daytona International Speedway, is intended to expand access to employer-focused workforce health services across the Greater Daytona region.
The facility offers work injury care, physical therapy, Department of Transportation and pre-placement physicals, medical surveillance, respirator fit testing, drug and alcohol screening, and other occupational health services, with Concentra Telemed available for eligible minor injuries. Concentra will mark the opening with a ribbon-cutting on September 16, joined by employer partners, community leaders, local officials, and representatives from Team Volusia EDC and the Daytona Regional Chamber of Commerce. The company describes the opening as part of its ongoing investment in Florida to meet growing demand for workforce health solutions.
Concentra (CON) appointed Tanner Newton as executive vice president and chief financial officer, effective November 1, 2026, as part of a planned leadership succession.
Newton, currently senior vice president of strategy and finance, will oversee accounting, financial reporting, FP&A, treasury, tax, capital markets, corporate development and investor relations. He will continue to report to Matt DiCanio, who will become president and chief executive officer on the same date. Newton joined Concentra in January 2025 and previously spent more than a decade in private equity and investment banking. Concentra reports approximately 13,000 colleagues supporting about 54,000 patients each business day across 46 states, the District of Columbia and telemedicine as of June 30, 2026.
Concentra (NYSE: CON) announced that occupational medicine leader Dr. Jill Rosenthal, MD, MPH, will join the company on September 1, 2026 and become chief medical officer effective January 1, 2027. She will lead national clinical strategy, physician leadership, quality and patient safety, evidence-based care programs, and medical innovation as employers seek integrated workforce health solutions.
Dr. Rosenthal, currently chief medical officer at Zenith Insurance Company and 2026 president of the American College of Occupational and Environmental Medicine, returns to Concentra and succeeds longtime CMO Dr. John Anderson, who plans to retire on December 31, 2026 after 33 years with the company.
Concentra (NYSE: CON) has completed the acquisition of four Minnesota Occupational Health medical centers in the Twin Cities, effective August 17, 2026. The centers, in Coon Rapids, Eagan, St. Paul/Midway, and Shakopee, will now operate under the Concentra brand, maintaining continuity of care for existing patients and employer customers.
According to Concentra, the deal expands its Minnesota footprint to eight medical centers, linking local teams to its national clinical and operational resources. The company plans significant upgrades to the St. Paul/Midway site to make it a flagship occupational health center. Concentra will offer a full range of occupational health services and telemedicine for minor work injuries, leveraging a national network of 633 centers, 415 onsite clinics, and care for about 54,000 patients per business day as of June 30, 2026.
Concentra Group Holdings Parent (NYSE: CON) announced that its executive and senior management will participate in several investor events in August and September 2026, including Bank of America Virtual SMID Cap, RBC Nashville Healthcare Bus Tour, Wells Fargo Healthcare, Jefferies Healthcare Services and Technology, and Deutsche Bank Healthcare Summit.
Events will be held in virtual format and in cities including Nashville, Boston, and New York. According to the company, leadership will present at several conferences and webcast replays will be posted when available on its investor relations website.
Concentra (NYSE: CON) reported Q2 2026 revenue of $606.0 million, up 10.0% year over year, with net income of $67.3 million, up 45.7%. Net income attributable to the company was $65.3 million and Adjusted EBITDA was $140.9 million, up 22.5%. EPS was $0.51 and Adjusted EPS $0.52.
The company generated $135.2 million in operating cash flow and $121.0 million in Free Cash Flow, while capital expenditures fell to $15.7 million. Total debt was $1,573.6 million with cash of $158.0 million and a net leverage ratio of 2.99x. The board declared a $0.0625 per-share cash dividend and the company repurchased 0.4 million shares for $11.0 million.
Concentra raised its 2026 guidance, now expecting revenue of $2.325–$2.375 billion, Adjusted EBITDA of $485–$495 million, Free Cash Flow of $220–$240 million, capex of $70–$80 million and net leverage below 3.0x. Effective November 1, 2026, president and CFO Matt DiCanio will become president and CEO, while current CEO Keith Newton will transition to executive chairman.
Concentra (NYSE: CON) announced the opening of its first Idaho medical center in Federal Way Plaza at 3237 South Federal Way, near Boise Airport, with a ribbon-cutting on July 22. The Boise site expands access to occupational and workforce health services for employers and employees across the Treasure Valley.
The center offers work injury care, physical therapy, drug testing, DOT and pre-placement exams, medical surveillance, and workforce health programs, plus telemedicine via Concentra Telemed. According to Concentra, this move extends its nationwide network of 632 centers and 411 onsite clinics that support about 54,000 patients each business day.
Concentra (NYSE: CON) announced the opening of a new occupational health medical center near Kansas City International Airport, located at 10304 NW Prairie View Road, Kansas City, Missouri 64153. The facility, called Concentra Kansas City Airport, expands the company’s presence in Missouri and aims to support the region’s growing business and transportation hub.
The center offers work injury care, physical therapy, drug and alcohol testing, Department of Transportation physicals, pre-placement exams, medical surveillance, and other occupational health services. According to Concentra, employees with minor work-related injuries can also access care through Concentra Telemed, its proprietary telemedicine platform, enhancing convenience and continuity of workforce health services.
Concentra (NYSE: CON) will release its second quarter 2026 financial results, for the period ended June 30, 2026, on Thursday, August 6, 2026, after the market close.
The company will host a live webcast conference call on Friday, August 7, 2026, at 9 a.m. Eastern Time.
Concentra (NYSE:CON) opened a new medical center in Goodyear, Arizona, bringing its Arizona footprint to 17 locations. The center, located at 2403 North Pebble Creek Parkway, Suite 101, expands access to occupational health services for employers and employees in the growing West Valley industrial area.
The facility offers work injury care, physical therapy, drug testing, DOT physicals, pre-placement exams, medical surveillance programs, and digital injury management through Concentra HUB.