Core Viewpoint - Concentra Group Holding Parent, Inc. has announced a definitive agreement to acquire Pivot Onsite Innovations, enhancing its position in the onsite healthcare market [1][2][4]. Company Summary - The acquisition of Pivot Onsite Innovations will expand Concentra's network to approximately 350 clinics across more than 40 states, significantly increasing its service capabilities in onsite healthcare [7][9]. - The deal is valued at $55 million, with funding sourced from available cash and an existing revolving credit facility, and is expected to close in the second quarter of 2025 [10]. - Concentra currently has a market capitalization of $2.6 billion and anticipates earnings growth of 7.5% over the next five years [5]. Industry Summary - The onsite healthcare market is experiencing growing demand as employers prioritize immediate and accessible care within the workplace, which supports employee wellness and occupational health programs [7][11]. - The global occupational health market is projected to grow from $5.45 billion in 2025 to $8.47 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.5% [11].