Concentra Group Holdings Parent Inc

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Concentra reports revenue growth and strategic progress amidst operational challenges

Concentra Group Holdings demonstrated solid financial performance in Q3 2024, with revenue growth and improved EBITDA.
While facing challenges from natural disasters and visit declines, Concentra's market leadership and strategic initiatives position it for future growth.
Opportunities lie in capitalizing on workers' compensation volume, strategic investments, and independent growth strategies.
Careful management of debt levels and revenue diversification will be key for Concentra's financial stability and sustained growth.

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Concentra Group Holdings Parent, Inc. provides occupational health services. The firm operates through the following segments: Occupational Health Centers, Onsite Health Clinics and Other Businesses. The Occupational Health Centers segment provides occupational health services at 547 health center facilities across the United States. The Onsite Health Clinics segment delivers occupational health services and/or employer-sponsored primary care services at an employer’s workplace. The Other Businesses segment is comprised of several complementary services to core occupational health services offering and includes ocncentra telemed, concentra pharmacy and concentra medical compliance administration. The company was founded in 1979 is headquartered in Mechanicsburg, PA.

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NEW YORK , Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) in the S&P MidCap 400, and Azenta will replace Envestnet Inc. (NYSE: ENV) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Bain Capital is acquiring Envestnet in a deal expected to be completed soon, pending final closing conditions.

Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600

MECHANICSBURG, Pa. , Nov. 19, 2024 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced the distribution ratio for the previously announced special stock distribution (the "Distribution") to its stockholders of its equity interest in Concentra Group Holdings Parent, Inc. ("Concentra") (NYSE: CON).

Select Medical Holdings Corporation Announces Distribution Ratio for Special Stock Distribution to Stockholders

On November 06, Select Medical Holdings (NYSE: SEM; $40.20; Market Cap: $5.2 billion) announced a special stock distribution of its carved out unit Concentra Holdings (NYSE: CON; $19.67; Market Cap: $2.5 billion) to its shareholders. The distribution is set for November 25, 2024, with a record date of November 18, 2024.

Select Medical To Spin-Off Concentra On November 25th

ADDISON, Texas--(BUSINESS WIRE)--Concentra® (NYSE: CON), the nation's leader in occupational medicine, today announced the opening of a new medical center in DeSoto, Texas. The medical center, Concentra DeSoto, is conveniently located at 1111 North Interstate 35 E, DeSoto, Texas 75115. “We're excited to grow our footprint in the Dallas-Fort Worth Metroplex,” said Robert Hassett, DO, MPH, senior vice president of Concentra medical operations. “Our new DeSoto location will open up a new avenue fo.

Concentra Expands to DeSoto, Texas

ADDISON, Texas--(BUSINESS WIRE)--Concentra Group Holdings Parent, Inc. (“Concentra,” “we,” “us,” or “our”) (NYSE: CON) today announced results for its third quarter ended September 30, 2024, and the declaration of a cash dividend. “We had a successful quarter and made significant progress on key strategic initiatives and our separation from Select Medical. I am proud of our results, solid execution, and our colleagues' continued dedication to delivering quality patient-centric care,” said Keith.

Concentra Group Holdings Parent, Inc. Announces Results For Its Third Quarter Ended September 30, 2024 and Cash Dividend

ADDISON, Texas--(BUSINESS WIRE)--Concentra® (NYSE: CON), the nation's leader in occupational medicine, today announced the opening of a new medical center in Orlando, Florida. The medical center, Concentra Orlando West, is conveniently located at 6708 Grand National Drive, Orlando, Florida 32819. “We're excited to grow our footprint in Orlando,” said Janet Cobb, MD, senior vice president of Concentra medical operations. “We have strong relationships with the employers in the area and look forwa.

Concentra Opens New Medical Center in Orlando, Florida

ADDISON, Texas--(BUSINESS WIRE)--Concentra Group Holdings Parent, Inc. (“Concentra”) (NYSE: CON) will release the financial results for its third quarter ended September 30, 2024, on Thursday, October 31, 2024, after the market closes. Concentra will host a conference call regarding its financial results on Friday, November 1, 2024, at 10:30 a.m. Eastern Time. The conference call will be a live webcast and can be accessed via this Earnings Call Webcast Link or via Concentra's website at https:/.

Concentra® to Announce Third Quarter 2024 Results on Thursday, October 31, 2024

ADDISON, Texas--(BUSINESS WIRE)--Concentra® (NYSE: CON), the nation's leader in occupational medicine, today announced the opening of a new medical center in Chattanooga, Tennessee. The medical center, Concentra Chattanooga Airport, is conveniently located at 6413 Lee Highway, Suite 107, Chattanooga, Tennessee 37421. “Chattanooga is a new area for us, and we're excited for the opportunity to serve the city's employers,” said Janet Cobb, MD, senior vice president of Concentra medical operations.

Concentra Expands to Chattanooga, Tennessee

ADDISON, Texas--(BUSINESS WIRE)--Concentra® (NSYE: CON), the nation's leader in occupational medicine, has expanded its Onsite Health division's suite of services to include advanced primary care. This offering will serve as a solution for employers seeking ways to lower health care costs and improve medical outcomes while streamlining participants' health care access. With this expansion, Concentra Onsite Health will enter a new era of employer-sponsored health and wellness services. “Concentr.

Concentra Adds Advanced Primary Care to Close Health and Wellness Gap in the Workplace

TORONTO , Sept. 3, 2024 /PRNewswire/ - Equitable Bank, Canada's Challenger Bank™, today announced that its wholly-owned subsidiary, Concentra Bank (the "Bank"), redeemed all of its issued and outstanding Class A Preferred Shares, Series 1, and Class A Preferred Shares, Series 2, on August 31, 2024 (the "Redemption Date"), at $25.00 per share for a total of $110,987,500, less any tax required to be deducted and withheld by the Bank.

Equitable Bank announces redemption of Concentra Bank Class A Preferred Shares

Concentra Group Holdings Inc CON priced in July its initial public offering of 22.5 million shares at $23.50 per share.

Concentra's Post-IPO Trading Levels Based On 'Its Dominant Market Position,' Says Analyst

Concentra Group Holdings Parent, Inc. CON shares are trading higher today. Deutsche Bank analyst Justin Bowers initiated coverage on the stock with a Buy rating and a price target of $29.

Concentra's High-Quality Business Model Attracts Analyst Attention, Initiates With Buy Rating

ADDISON, Texas--(BUSINESS WIRE)--Leading occupational medicine provider Concentra® announced today the launch of its behavioral health service available through Concentra Telemed®, the company's workers' compensation telemedicine platform. Concentra's behavioral health telemedicine service will be an essential care option that seamlessly integrates into the workers' compensation process. As more employers continue to realize the profound effect mental and emotional well-being can have on employ.

Concentra Adds Behavioral Health to Telemedicine Service for Workers' Compensation

Concentra Group Holdings Parent, Inc. shares went public in an atypical offering, with a minority stake floated by parent company Select Medical Corporation. Concentra is the largest provider of occupational health services in the US, operating 547 centers, while treating over 50,000 patients daily. It appears that its parent company, Select Medical stands to benefit the most from this offering, and might be the most interesting investment opportunity.

Concentra: An Interesting IPO, Certainly For Its Parent Company

ADDISON, Texas--(BUSINESS WIRE)--Concentra Group Holdings Parent, Inc. (“Concentra,” “we,” “us,” or “our”) (NYSE: CON) today announced results for its second quarter ended June 30, 2024. “Our colleagues' ongoing commitment to providing exceptional service and care continues to be the powerful force driving Concentra forward. With steadfast dedication to our mission to improve the health of America's workforce, one patient at a time, we have reached another important milestone with the completio.

Concentra Group Holdings Parent, Inc. Announces Results For Its Second Quarter Ended June 30, 2024

ADDISON, Texas--(BUSINESS WIRE)--Concentra Group Holdings Parent, Inc. (“Concentra”) (NYSE: CON), will release the financial results for its second quarter ended June 30, 2024 on Thursday, August 1, 2024 after the market closes. Concentra will host a conference call regarding its second quarter results on Friday, August 2, 2024, at 10:30am Eastern Time. The conference call will be a live webcast and can be accessed via this Earnings Call Webcast Link or via Concentra's website at https://ir.con.

Concentra® to Announce Second Quarter 2024 Results on Thursday, August 1, 2024

U.S. healthcare firm Concentra's shares fell 6% in their debut on the New York Stock Exchange on Thursday, in a sign of investor caution with new listings amid uncertainties over interest-rate cuts.

Healthcare firm Concentra shares fall 6% in NYSE debut

Concentra Group (NYSE:CON) stock is set to start trading on Thursday after the occupational health services company announced the pricing of shares in its initial public offering ( IPO ). Let's dive into everything investors need to know about Concentra Group starting to trade today below!

CON Stock: 7 Things to Know as Concentra Group Starts Trading Today

Concentra Group set the pricing of its U.S. initial public offering (IPO) at a valuation of $2.97 billion, the U.S. healthcare firm said on Wednesday.

Healthcare firm Concentra prices US IPO at nearly $3 bln valuation

MECHANICSBURG, Pa. and ADDISON, Texas, July 24, 2024 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical") (NYSE: SEM) and Concentra Group Holdings Parent, Inc. ("Concentra") (NYSE: CON), a wholly owned subsidiary of Select Medical, today announced the pricing of Concentra's initial public offering ("IPO") of 22,500,000 shares of Concentra's common stock at a price to the public of $23.50 per share.

Select Medical Holdings Corporation Announces Pricing of Concentra Group Holdings Parent, Inc. Initial Public Offering

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A handful of IPOs priced this past week, led by three sizable names. One large issuer joined both the pipeline and the calendar - Chile-based LATAM Airlines Group. Six IPOs are scheduled to list in the week ahead and are set to raise a combined $5.1 billion, the most for any week so far this year. One SPAC is also set to debut.

U.S. IPO Weekly Recap: Insurance And Healthcare Lead A 4 IPO Week

Concentra Group, a Select Medical unit, is eyeing a valuation of $3.30 billion in its U.S. initial public offering, joining a growing list of firms testing the market after a near two-year dry spell.

Healthcare firm Concentra eyes $3.3 bln valuation in US IPO

Concentra Group Holdings Parent, Inc. has filed for a $100 million IPO, although the final amount may be substantially higher. The company provides occupational health and related services to employees in the U.S. CON is producing slow and decelerating revenue growth, leading to the possibility of a dull IPO.

News for Concentra Group Holdings Parent Inc Stock (CON)