C
Concentra Group Holdings Parent, Inc. CON
$21.05 -$0.07-0.33% NYSE
Recommendation
Dividend Power Score
Prev Close
Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)

Company Overview

Concentra Group Holdings Parent, Inc. is a U.S.-based healthcare services company focused on occupational health, workers’ compensation-related medical services, and employer-directed health solutions. The company operates in the occupational health, workplace injury care, and employer health services industries, serving both private and public-sector employers. Its core offerings are designed to help organizations manage workforce health, regulatory compliance, and injury-related medical costs while supporting employee productivity and safety.

The company’s primary revenue drivers include employer-directed medical visits, workers’ compensation injury care, physical therapy, and ancillary services such as drug testing and medical surveillance. Concentra is recognized for its national clinic network, standardized care protocols, and integration with employer and insurer workflows, which provide scale advantages and consistent service delivery. Founded in 1979, the business expanded through acquisitions and organic clinic growth, becoming one of the largest occupational health providers in the United States. In 2018, Concentra became a subsidiary of Select Medical Holdings Corporation, and in 2024, Concentra Group Holdings Parent, Inc. completed an initial public offering while remaining a controlled subsidiary.

Business Operations

Concentra operates primarily through a single reportable segment, Occupational Health Services, which encompasses injury care, urgent care for work-related incidents, physical therapy, and employer health services. Revenue is generated through employer contracts, workers’ compensation insurers, and direct billing arrangements with corporate clients. Services are delivered through a nationwide network of medical centers and onsite employer locations, supported by centralized clinical protocols and administrative systems.

Operations are predominantly domestic, with activities concentrated in the United States. The company controls a large network of clinics, medical equipment, and health IT platforms that support scheduling, clinical documentation, and employer reporting. Concentra also leverages partnerships with employers, third-party administrators, and insurers to integrate care delivery with claims management. The company operates as a subsidiary of Select Medical Holdings Corporation, which also owns other healthcare service businesses but maintains Concentra as a distinct operating platform.

Strategic Position & Investments

Concentra’s strategy emphasizes growth through expanding employer relationships, increasing utilization within existing accounts, and optimizing clinic productivity. The company continues to invest in clinic de novo development, select acquisitions of occupational health providers, and technology platforms that enhance data analytics, clinical efficiency, and regulatory compliance. These initiatives are intended to strengthen customer retention and improve margins through scale and standardization.

As part of Select Medical Holdings Corporation, Concentra benefits from shared operational expertise and capital access while maintaining a focused investment strategy in occupational health. The company is also involved in emerging areas such as employer wellness programs, injury prevention analytics, and integrated physical therapy services, aligning its offerings with broader workforce health management trends.

Geographic Footprint

Concentra’s operations are primarily located in the United States, where it maintains hundreds of medical centers across major metropolitan areas and regional markets. The company’s headquarters is based in the United States, and its clinic network provides national coverage that supports large, multi-state employers.

While Concentra does not have significant international clinical operations, its national scale gives it influence across multiple U.S. regions, including the Midwest, the South, the Northeast, and the West Coast. The company’s geographic diversity reduces reliance on any single local market and supports consistent service delivery for employers with dispersed workforces.

Leadership & Governance

Concentra is governed by a board of directors and executive leadership team with experience in healthcare services, operations, and employer-focused care models. As a controlled public company, its governance structure reflects continued majority ownership by Select Medical Holdings Corporation, while complying with public company reporting and oversight requirements.

Key members of the leadership team include:

  • Keith NewtonPresident and Chief Executive Officer
  • Ryan PanzerChief Financial Officer
  • John AndersonChief Operating Officer
  • Samantha DillardChief Human Resources Officer
  • James BradyChief Information Officer

The leadership team emphasizes clinical quality, operational discipline, and long-term partnerships with employers and payors, aligning strategic decisions with sustainable growth and workforce health outcomes.

Data complied by narrative technology. May contain errors

Top Tech Stocks
See All »
B
NVDA NASDAQ $165.17
B
AAPL NASDAQ $246.63
B
AVGO NASDAQ $293.41
Top Consumer Staple Stocks
See All »
B
WMT NASDAQ $123.50
B
Top Financial Stocks
See All »
B
B
JPM NYSE $283.77
B
V NYSE $299.54
Top Energy Stocks
See All »
Top Health Care Stocks
See All »
B
LLY NYSE $886.63
B
JNJ NYSE $242.49
B
AMGN NASDAQ $349.00
Top Real Estate Stocks
See All »
B
PLD NYSE $128.78