Occupational and consumer health services
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Concentra Announces Preliminary 2025 Financial Results, Provides 2026 Financial Guidance, and Announces Q4 2025 Earnings Call Date
Businesswire· 2026-01-28 21:24
Core Insights - Concentra Group Holdings Parent, Inc. reported preliminary unaudited financial results for Q4 and full year 2025, exceeding previous guidance for the year [1][2] - The company anticipates continued growth in 2026, supported by strong performance in 2025 and a detailed business outlook [5][9] Financial Performance - For Q4 2025, Concentra expects to report revenue of $539.1 million, a 15.9% increase from Q4 2024's $465.0 million [5] - Net income for Q4 2025 is projected at $36.2 million, up 58.7% from $22.8 million in Q4 2024 [5] - Adjusted EBITDA for Q4 2025 is expected to be $95.3 million, reflecting a 22.9% increase from $77.5 million in Q4 2024 [5] - Full year 2025 revenue is anticipated to be $2,163.4 million, a 13.9% increase from $1,900.2 million in FY 2024 [5] Operational Metrics - Total patient visits for Q4 2025 reached 3,264,322, a 9.0% increase from 2,994,988 in Q4 2024 [29] - The average revenue per visit in Q4 2025 was $149.63, up 3.1% from $145.08 in Q4 2024 [29] - For the full year 2025, total patient visits were 13,546,707, a 7.3% increase from 12,623,503 in FY 2024 [32] Business Outlook - For 2026, Concentra expects revenue in the range of $2.25 billion to $2.35 billion, with Adjusted EBITDA between $450 million and $470 million [12][35] - The company aims to maintain a net leverage ratio of 3.0x or below and anticipates free cash flow of $200 million to $225 million [12][35] Company Overview - Concentra is the largest provider of occupational health services in the U.S. by number of locations, operating 628 occupational health centers and 411 onsite health clinics [10] - The company supports approximately 53,000 patients daily across 47 states, focusing on improving the health of America's workforce [10]
Concentra Acquires Reliant Immediate Care from MBI Industrial Medicine
Businesswire· 2026-01-19 13:00
Core Insights - Concentra has acquired the assets of Reliant Immediate Care, enhancing its presence in California's occupational health market [1][4] - The acquisition includes rebranding of Reliant locations to Concentra, with a focus on expanding access to care in the greater Los Angeles area [2][3] Company Expansion - The newly acquired locations include Concentra Century Airport, Concentra Downtown LA, and Concentra Montebello, while Reliant Huntington Park will merge with Concentra Vernon Soto [2][3] - Concentra aims to provide a range of services including work injury care, urgent care, physical therapy, drug testing, and telemedicine for minor work injuries [3][4] Market Position - Concentra is recognized as the largest provider of occupational health services in the U.S. by number of locations, with over 625 centers nationwide [4][6] - The company serves more than 50,000 patients daily, indicating a strong operational capacity and demand for its services [6]
Concentra Appoints Jason Cooper as Chief Data, Analytics, and Artificial Intelligence Officer
Businesswire· 2025-11-10 21:30
Core Insights - Concentra has appointed Jason Cooper as Chief Data, Analytics, and Artificial Intelligence Officer to enhance its data strategy and governance, aligning with enterprise growth priorities [1][2] Company Overview - Concentra is the largest provider of occupational health services in the United States, operating 628 occupational health centers and 413 onsite health clinics across 47 states, serving over 50,000 patients daily as of September 30, 2025 [4] Leadership and Expertise - Jason Cooper brings over 25 years of experience in data and technology across various sectors, including roles at L3-Communications, CVS Caremark, and Cigna, which will aid in operationalizing data and accelerating AI adoption at Concentra [2][3] Strategic Focus - The company emphasizes a data-driven approach, focusing on data governance and digital connectivity to enhance its position as an industry leader [3]