Concentra, Inc.
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Concentra, Inc. - overview
Established
1978
Location
Addison, TX, US
Primary Industry
Healthcare
About
Concentra, Inc. is a healthcare provider specializing in occupational health services and urgent care. It focuses on enhancing workplace health and safety through a range of medical services and solutions. Concentra, Inc.
operates as a healthcare provider, focusing on occupational health and urgent care services. Founded in 1978 in Addison, Texas, US, the company has undergone strategic pivots over the years to enhance its service offerings. It was acquired by Select Medical Corporation, which retains an 80% majority stake. The firm has completed 6 deals, with its most recent deal occurring on July 25, 2024.
The latest funding round, a TRADE SALE, raised USD 625. 648 mn, bringing the total amount raised to USD 625. 648 mn. Concentra, Inc.
specializes in delivering occupational health services that include a mix of urgent care and preventive health services. These offerings are designed to improve workplace health and safety, streamline operations, and provide efficient healthcare solutions for businesses across various sectors, particularly in healthcare, technology, and finance. The company targets enterprise clients, ensuring tailored services that meet the specific challenges of these industries. Recent offerings have gained traction in North America and Europe as the demand for occupational health services continues to grow.
In the most recent fiscal year of 2025, Concentra, Inc. reported revenue of USD 2. 16 bn and an EBITDA of USD 413. 768 mn.
The company's revenue model includes subscription-based services and direct sales, primarily targeting the B2B sector through annual contracts that allow clients access to its comprehensive healthcare services, ensuring a robust revenue generation strategy aligned with market needs. Looking ahead, Concentra, Inc. plans to launch new products in the occupational health sector to enhance its service portfolio. The company aims to expand its footprint in both existing and new markets across North America and Europe by the end of 2025.
The recent funding round will support these initiatives, particularly the launch of new services and market expansion efforts. Additionally, in July 2024, Concentra, Inc. successfully raised USD 528. 8 mn in an IPO on the New York Stock Exchange under the ticker symbol 'CON', which valued the company at approximately USD 2.
97 bn.
Current Investors
Welsh, Carson, Anderson & Stowe, Cressey & Company, Select Medical Corporation
Primary Industry
Healthcare
Sub Industries
Human Resources Services, Diagnostic, Medical & Imaging Laboratories, Clinics/Outpatient Services, Chiropractic, Orthopedic & Physical Therapy
Website
www.concentra.com/
Verticals
Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Concentra, Inc. - timeline of key events
Concentra, Inc. - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Revenue (USD) | 1,732,041,000 | 1,724,359,000 | - | - | - |
| % Revenue Growth (YoY) | - | (0.4%) | - | - | - |
| EBITDA (USD) | 387,474,000 | 332,196,000 | - | - | - |
| Operating Income (USD) | 305,264,000 | 258,529,000 | - | - | - |
| Operating Margin | 17.6% | 15.0% | - | - | - |
| % EBITDA Margin | 22.4% | 19.3% | - | - | - |
| NET Income (USD) | 216,036,000 | 172,243,000 | - | - | - |
| % Net Margin | 12.5% | 10.0% | - | - | - |
Concentra, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Reliant Immediate Care Medical Group, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Pivot Health Solutions LLC | - | ||||||||
| IPO | Completed | Concentra, Inc. | - | ||||||||
| Merger | Completed | Theseus Pharmaceuticals, Inc. | - | ||||||||
| Trade Sale | Completed | Concentra, Inc. | - |
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Concentra, Inc. - employee data
Concentra, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member of Board of Directors | BM |
BM Board Member
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