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Concentra Announces Fourth Quarter and Full Year 2024 Results and Closing of Nova Medical Centers Acquisition

1. Concentra reported strong fourth quarter and full year results for 2024. 2. The company successfully closed the acquisition of Nova Medical Centers.

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FAQ

Why Bullish?

Concentra's strong performance and acquisition strategy mirror past successful integrations, likely boosting investor confidence and stock value.

How important is it?

The announcement includes key financial results and growth strategy, indicating strong future performance potential.

Why Long Term?

The acquisition of Nova Medical Centers positions Concentra for future growth, indicating potential long-term benefits as merged operations create efficiencies and expand market reach.

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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 results for its fourth quarter and full year ended December 31, 2024. Additionally, the Company announced the closing of the transaction to acquire U.S. Occmed Holdings, LLC (“Nova Medical Centers” or “Nova”), an occupational health services company with 67 medical centers based in Ho.

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