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Concentra® Announces Closing of Pivot Onsite Innovations Acquisition

1. Concentra acquires Pivot Onsite Innovations, expanding its health service offerings. 2. The acquisition adds 200 clinics across 40 states, enhancing Concentra's market presence.

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$21.3706/02 09:36 AM EDTEvent Start
$21.6606/03 04:22 PM EDTLatest Updated
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FAQ

Why Bullish?

Previous acquisitions in health sectors have led to positive stock performance. The expansion boosts service capacity and market reach, potentially increasing revenues.

How important is it?

The acquisition is a strategic move that significantly enhances Concentra's operational capabilities and market share.

Why Long Term?

The integration of Pivot's clinics will take time, impacting growth over several quarters. Long-term synergies may drive profitability.

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ATHNAETCNC
ADDISON, Texas--(BUSINESS WIRE)--Concentra Group Holdings Parent, Inc. (“Concentra,” “the Company,” “we,” “us,” or “our”) (NYSE: CON), the nation's largest provider of occupational health services, today announced the closing of the transaction to acquire Pivot Onsite Innovations from Athletico Physical Therapy. Pivot Onsite Innovations is a leader in the onsite health industry with over 200 onsite health clinics at employer locations in over 40 states. “We are very excited about the addition o.

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