CONCENTRA GROUP HOLDINGS PAREN Stock Price, News & Analysis

Concentra (NYSE: CON), the largest U.S. occupational health services provider, has announced the appointment of two new members to its Board of Directors: Vipin Gopal and Brigid Bonner. These strategic appointments expand the board to seven members and bring expertise in data, AI, technology, and business transformation.

Vipin Gopal, PhD, brings 25+ years of experience in data and AI transformation, having served as Chief Data and Analytics Officer at Eli Lilly and Walgreens Boots Alliance. Brigid Bonner, president of Bonner Consulting, contributes 35+ years of executive experience across healthcare, retail, and technology sectors.

Concentra operates 627 occupational health centers and 160 onsite health clinics across 45 states, serving approximately 50,000 patients daily.

Concentra (NYSE: CON), the largest US occupational health services provider, has completed the acquisition of Pivot Onsite Innovations from Athletico Physical Therapy for $55 million. The acquisition doubles Concentra's Onsite Health segment, adding over 200 onsite health clinics to reach approximately 350 clinics across 40+ states. The deal was financed through cash and existing credit facilities. Key Pivot leaders, including founder Dr. Lawrence J. Goren, have joined Concentra to ensure business continuity. Concentra serves about 50,000 patients daily through 627 occupational health centers, 160 onsite employer clinics, and telemedicine services. The merger aims to enhance direct-to-employer health solutions and expand service offerings while maintaining service quality and continuity for existing clients.

Concentra (NYSE: CON), the leading occupational medicine provider in the US, announced the opening of a new medical center in downtown Chattanooga, Tennessee. Located at 1206 Broad Street, the facility will offer work injury care, physical therapy, drug testing, DOT physical exams, pre-placement exams, and employer-related health services, including telemedicine via Concentra Telemed®.

This expansion strengthens Concentra's presence in Tennessee and adds to its extensive network of over 620 locations nationwide. The company currently serves more than 50,000 patients daily through 625 occupational health centers in 41 states and 160 onsite health clinics at employer worksites in 36 states, supported by 12,000 colleagues and affiliated medical professionals.

[ "Expansion into a new market strengthens geographic presence in Tennessee", "Addition to extensive network of over 620 locations shows continued growth", "Diverse service offering including telemedicine capabilities", "Large established customer base serving 50,000 patients daily" ]

Concentra (NYSE: CON), the largest U.S. occupational health services provider, reported strong Q1 2025 results with revenue up 7.1% to $500.8M. Net income was $40.6M with EPS of $0.30, while Adjusted EBITDA increased 6.8% to $102.7M. The company completed the $265M acquisition of Nova Medical Centers, adding 67 centers across 5 states, and announced plans to acquire Pivot Onsite Innovations for $55M. Patient visits increased 3.2% to 50,863 per day, with revenue per visit up 5.6% to $146.94. The company operates 627 health centers and 160 onsite clinics. Concentra declared a $0.0625 per share dividend and raised its 2025 guidance, now expecting revenue of $2.1-2.15B and Adjusted EBITDA of $415-430M. The company's net leverage ratio stands at 3.9x, targeting approximately 3.0x within 18-24 months.

Concentra (NYSE: CON), the largest U.S. occupational health services provider, has announced a definitive agreement to acquire Pivot Onsite Innovations from Athletico Physical Therapy for $55 million.

Pivot Onsite Innovations operates over 200 onsite health clinics at employer locations across 40+ states, specializing in occupational health, wellness, and prevention services. The acquisition will double Concentra's Onsite Health segment, expanding to approximately 350 onsite health clinics.

Key Pivot executives, including founder Dr. Lawrence J. Goren, will transition to Concentra Onsite Health. The transaction is expected to close in Q2 2025, funded through cash on hand and existing credit facilities. Concentra currently operates approximately 620 occupational health centers and 150+ onsite health clinics, serving about 50,000 patients daily across 45 states.

Concentra (NYSE: CON) has scheduled the release of its first quarter 2025 financial results for Wednesday, May 7, 2025, after market close. The company will host a conference call to discuss these results on Thursday, May 8, 2025, at 9 a.m. Eastern Time.

Investors can access the live webcast through the provided Earnings Call Webcast Link or via Concentra's investor relations website. An audio-only version and Q&A session will be available via toll-free (888-506-0062) and international (973-528-0011) dial-in numbers.

Concentra, the leading occupational medicine provider in the United States, has announced the opening of a new medical center in Katy, Texas. Located at 25805 Katy Freeway, the facility will offer comprehensive occupational health services including work injury care, physical therapy, drug testing, DOT physical exams, and pre-placement exams.

The expansion responds to long-standing customer demand in the Katy area and strengthens Concentra's presence in Texas. The facility will also provide telemedicine services for minor work injuries through Concentra Telemed.

As the largest occupational health services provider in the US, Concentra operates an extensive network of 620 locations nationwide, including 160 onsite health clinics at employer worksites. The company serves approximately 50,000 patients daily across 45 states, supported by 11,000 colleagues and affiliated medical professionals.

Concentra Group Holdings Parent (NYSE: CON) has scheduled the release of its fourth quarter and full year 2024 financial results for Monday, March 3, 2025, after market close. The company will host a conference call to discuss these results on Tuesday, March 4, 2025, at 9 a.m. Eastern Time.

The earnings call will be accessible via a live webcast through the company's website at ir.concentra.com. Participants can join through the webcast or dial in for the audio-only version and Q&A session using the toll-free number 888-506-0062 or international number 973-528-0011.

Concentra, the leading occupational medicine provider in the United States, has announced the opening of a new medical center in Waukegan, Illinois. Located at 3043A Belvidere Road, the facility will offer comprehensive occupational health services including:

• Work injury care
• Physical therapy
• Drug testing
• DOT physical exams
• Pre-placement exams
• Telemedicine services via Concentra Telemed®

This expansion strengthens Concentra's presence in Illinois as part of its network of over 620 locations nationwide. The company currently serves approximately 50,000 patients daily across 45 states through its occupational health centers, 160 onsite employer health clinics, and telemedicine platform.