Concentra

What Concentra does

Concentra is the largest provider of occupational health services in the United States, operating 632+ occupational health medical centers and 411+ onsite health clinics across 47 states and the District of Columbia, serving more than 200,000 employer partners and treating approximately 1 in 5 workplace injuries nationally. Founded in 1979 and spun off from Select Medical Corporation in November 2024, the company delivers a comprehensive suite of services including work injury care, physical therapy, DOT and regulatory physical exams, drug and alcohol testing, vaccination services, and telemedicine via its proprietary Concentra Telemed platform and Concentra HUB employer portal. Concentra also operates Concentra Advanced Specialists (a 600+ specialist network across 15 medical specialties), Medical ReviewStream (URAC-accredited peer review services), and CMCA (a nationwide TPA for drug/alcohol compliance programs).

The company's business model is a hybrid of transactional fee-for-service (per-visit revenue for injury care, physical therapy, physical exams, drug testing, and vaccinations) and managed services contracts (onsite clinics at employer locations), with quote-based pricing that adheres to applicable state workers' compensation fee guidelines. Go-to-market is direct enterprise sales supported by account representatives, national account sales managers for multi-state employers, and a content-driven employer resource center. Revenue streams are diversified across service lines, with FY2025 revenue of $2.163 billion (up 13.9% YoY) and Q1 2026 revenue of $569.6 million (up 13.7% YoY), supported by an aggressive post-IPO acquisition strategy that has added Nova Medical Centers, Pivot Onsite Innovations, Physicians Health Center, OM Management, and Reliant Immediate Care since 2025.

FY2025 adjusted EBITDA reached $431.9 million (a 21.2% Q1 2026 margin), with free cash flow conversion exceeding 100% and FY2026 adjusted EBITDA guided to $460-$480 million. The customer base is broad and diversified, with no single employer representing material concentration, and pricing is governed by state fee schedules and employer-specific contracts.

Name

Concentra

Legal name

Concentra Group Holdings Parent, Inc.

Website

https://concentra.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Concentra is the largest US occupational health services provider, operating 632+ medical centers and 411+ onsite clinics across 47 states for 200,000+ employer partners, offering work injury care, physical therapy, physical exams, drug testing, and telemedicine.

Ownership category

akta.pro rank

Product category

Occupational Health Services

NAICS

Ambulatory Health Care Services (621), Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Occupational Medicine & Work Injury Urgent Care Clinics (HLAFADAG)

akta.pro secondary industries

Occupational & Employer-Sponsored Primary Care Clinics (HLAFAGAJ), Occupational Health & Pre-Employment Diagnostic Testing Centers (HLAFAKAM), Primary Care & General Medicine Virtual Care (Employer-Sponsored) (HLALADAA)

Keywords

• Occupational health services
• Workplace injury care
• Drug and alcohol testing
• DOT physical examinations
• Onsite health clinics

Headquarters

HQ city

Addison

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain, Others

Revenue model

1. Occupational Health Services: Revenue generated from treating work-related injuries and illnesses at Concentra medical centers, including workers' compensation services. Patient visits increased 6.7% to 3.4 million in Q1 2026.
2. Physical Therapy Services: Revenue from physical therapy and rehabilitation services provided to injured workers to facilitate return-to-work.
3. Physical Exams and Testing: Revenue from DOT physicals, pre-employment physicals, drug testing, and other regulatory compliance examinations. Concentra performs nearly 800,000 DOT physicals each year.
4. Onsite Health Clinics: Revenue from employer-hosted onsite health clinics (411 locations from Pivot Onsite Innovations acquisition) providing occupational health and primary care services directly at employer locations.
5. Medical ReviewStream Services: Revenue from peer review services, pharmacy reviews, utilization reviews, and claims adjudication services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Concentra is the largest U.S. provider of occupational health services, operating 632+ medical centers and 411+ onsite clinics across 47 states to treat workplace injuries, deliver physical therapy, conduct DOT and regulatory physicals, perform drug and alcohol testing, and administer vaccinations for 200,000+ employer partners. Services are sold primarily to employers through direct enterprise sales and supported by proprietary technology platforms (Concentra Telemed for 24/7 remote care and Concentra HUB for employer account management).

Product overview

Concentra operates as a unified occupational health services platform offering multiple integrated products and services. The core offering centers on Occupational Health Services (injury care, occupational medicine, telemedicine) supported by the Concentra HUB online portal for account management and the Concentra Telemed telemedicine platform. Physical Therapy Services and Physical Exams (including DOT physicals) extend the service portfolio, while Tests and Screenings provides drug testing and medical surveillance. Onsite Clinics bring services directly to employer workplaces, complemented by Vaccination Services and Medical Directorship consulting. The CMCA platform manages drug/alcohol compliance programs, and Concentra Advanced Specialists provides access to a network of 600+ medical specialists. Medical ReviewStream offers peer review and utilization review services. Together these products serve employers across logistics, transportation, manufacturing, warehousing, distribution, and construction industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Occupational Health Services Core occupational health service encompassing workplace injury care, occupational medicine, telemedicine, workplace urgent care, travel health, and vaccination services. Provides injury prevention, employee wellness, and regulatory compliance services for employers across 47 states.
• Concentra HUB Fully integrated occupational health online portal providing 24/7 access to account information, online authorizations, test results, visit reports, and online invoice management for employers, workers' compensation payors, third-party administrators, and nurse case managers.
• Concentra Telemed Proprietary telemedicine solution providing 24/7 access to occupational health services for employees with relatively minor work-related injuries and illnesses, including behavioral health services, bloodborne pathogen exposure evaluation, and TB risk assessment.
• Physical Therapy Services Comprehensive physical therapy program treating employees as 'industrial athletes,' including pre-employment services, injury care, injury prevention, wellness programs, occupational therapy, and outcomes reporting. Designed to achieve return-to-work in fewer visits than national average.
• Physical Exams Extensive range of workplace physical exams including DOT physicals (performed nearly 800,000 annually), fit-for-duty, pre-placement, HazMat, HAZWOPER, respirator, public safety, and immigration physicals compliant with DOT, OSHA, EPA, and FAA regulations.
• Tests and Screenings Comprehensive testing services including drug testing (DOT and non-DOT), medical surveillance, preventive screenings, pulmonary function testing, and infectious disease services, with 350+ different lab tests available.
• Onsite Clinics Workplace-based medical clinics placed at employer locations providing occupational health and primary care services directly within large employer workplaces for convenient employee access.
• Vaccination Services Workplace vaccination services including annual flu shots and travel immunizations, with approximately 800,000 vaccinations performed annually covering flu, Hepatitis A/B, tetanus, MMR, varicella, typhoid, and yellow fever vaccines.
• Medical ReviewStream Peer review services supporting business operations, streamlining utilization review processes, and containing medical costs through pharmacy reviews, utilization reviews, complex chart reviews, and claims adjudication delivered by a URAC-accredited network of board-certified physicians across multiple specialties.
• CMCA (Medical Compliance Administration) Nationwide third-party administrator (TPA) for workforce health and safety programs and drug/alcohol screening services, managing DOT random testing programs, FAA random testing, policy development, and MIS reporting to ensure compliance with federal and state regulations.
• Concentra Advanced Specialists (CAS) Network of 600+ medical specialists nationwide providing surgical and non-surgical treatment for orthopedic and musculoskeletal injuries, covering 15 medical specialties including orthopedics, neurology, pain management, and hand surgery, with an early intervention model for expedited recovery.
• Medical Directorship Consultative medical services providing employers with physician expertise without permanently hiring one, including development of health and safety programs, wellness programs, travel medicine, medical surveillance oversight, and OSHA compliance consultation.

Quantifiable outcome

• 3.4 million patient visits in Q1 2026, up 6.7% year-over-year
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Pebble Creek Plaza Shops (Goodyear, Arizona)minorOthers · 24 June 2026Concentra opened its first medical center in Goodyear, Arizona at the Pebble Creek Plaza Shops location, expanding its occupational health services presence in the growing West Valley region.
• MBI Industrial Medicine (Reliant Immediate Care)coreOthers · 19 January 2026Concentra acquired assets of Reliant Immediate Care from MBI Industrial Medicine in California, adding three locations (LAX Airport, Downtown LA, and Montebello) to its network.
• Athletico Physical Therapy (Pivot Onsite Innovations acquisition)coreOthers · 2 June 2025Concentra completed the acquisition of Pivot Onsite Innovations from Athletico Physical Therapy for $55 million, expanding its onsite health clinics to approximately 350 locations across over 40 states.
• Nova Medical CenterscoreOthers · 2 April 2025Concentra acquired Nova Medical Centers to expand its occupational health services network.

Scale indicators16 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• MedExpress Urgent Care (Optum): Operates a national network of urgent care centers with overlapping occupational health, work injury care, and physicals capabilities. Owned by Optum (UnitedHealth Group), it competes for the same employer customers but within a much broader payer-aligned portfolio.
• Select Medical Holdings: Concentra's former parent company (spun off in November 2024); operates critical illness recovery and inpatient rehab hospitals plus outpatient rehab. Overlaps Concentra in PT/rehab services but operates a much broader and different care mix.

Direct peers

• WorkCare: National occupational health services provider offering workplace injury care, physical exams, drug testing, and onsite clinic services to employers across the US. Highly comparable in service mix, though smaller in footprint than Concentra.
• Occu-Med: Occupational medicine provider offering work injury treatment, physical exams, drug screening, and onsite services to employers. Direct competitor in the employer-sponsored occupational health segment where Concentra operates.
• Athletico Physical Therapy: National outpatient physical therapy and rehabilitation provider with occupational health and workers' comp rehab services. Direct counterparty to Concentra's PT business and seller of Pivot Onsite Innovations to Concentra in 2025.
• ATI Physical Therapy: National outpatient physical therapy chain providing industrial rehabilitation, workers' comp, and occupational health services. Comparable in PT and rehab offerings that complement injury care, overlapping Concentra's physical therapy segment.
• U.S. Physical Therapy: Owns and operates outpatient physical and occupational therapy clinics with a meaningful workers' compensation and industrial rehab focus. Comparable to Concentra's PT and industrial athlete offering though smaller scale.

Regional players

• Akeso Occupational Health: Occupational health and urgent care provider with multiple locations serving employer customers with injury care, drug testing, and physicals. Competes with Concentra in select regional markets but lacks national scale.

Emerging players

• CareSpot Urgent Care (GoHealth): Urgent care operator with co-located occupational health services including work injury treatment, physicals, and drug testing. Overlaps with Concentra's urgent-care and employer service lines but with less dedicated occupational focus.

Others

• Quest Diagnostics: National clinical laboratory supporting employer drug testing, DOT-compliant screenings, and occupational health surveillance. Adjacent supplier/partner to Concentra's testing and screening business rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights8 records

Customer concentration

• Facebookfacebook.com/concentra
• LinkedInlinkedin.com/company/concentra
• Xx.com/ConcentraHealth

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A10 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concentra