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Concentra® Announces Signing of Definitive Agreement to Acquire Pivot Onsite Innovations

1. Concentra announced acquisition of Pivot Onsite Innovations, enhancing market reach. 2. Pivot has over 200 clinics, expanding Concentra's operational footprint.

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$20.3904/21 09:18 AM EDTEvent Start
$20.404/22 03:43 PM EDTLatest Updated
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FAQ

Why Bullish?

Acquisitions often signal growth potential; historical examples include similar health service expansions boosting stock prices.

How important is it?

This acquisition directly enhances Concentra's service offerings and market presence, implying a positive growth trajectory.

Why Long Term?

Such acquisitions typically increase market share and revenue streams over time, as seen in prior health sector expansions.

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ATHNLNTAET
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 signing of a definitive agreement 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. “Joining forces with Pivot Onsite.

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