Concord Medical Group

What Concord Medical Group does

Concord Medical Group is a physician-owned provider management company that delivers emergency department (ED) and hospitalist staffing and management services to rural and community hospitals across Texas, Louisiana, and Arizona. Founded in 2001 by Dr. Kyle Sheets, the company operates through a network of more than 350 physicians and 50 midlevel providers contracted or employed via affiliated practice groups registered in each operating state. Its core offering is comprehensive ED and hospitalist coverage, including physician recruitment, credentialing, scheduling, and 24/7 account management, supplemented by consulting services for patient flow optimization and organizational restructuring.\n\nThe company's revenue is generated through three primary streams: long-term hourly-based contracted staffing (in which hospitals pay Concord on an hourly basis and seek third-party reimbursement), locum tenens temporary placements for coverage gaps, and fee-for-service arrangements under which Concord bills third-party payers directly for physician services. In April 2026, Concord expanded its technology layer through a partnership with DocAssistant to deploy an AI-driven medical scribe and clinical decision support platform across its ED network. The platform uses ambient listening to generate clinical notes in real time and is positioned to reduce documentation burden and improve billing optimization under 2023 CMS Evaluation and Management guidelines, though the underlying AI technology is partner-supplied rather than developed in-house.\n\nConcord's go-to-market is enterprise field sales targeting rural hospital CEOs, boards, and medical staff, with direct recruiting of emergency medicine physicians through conference attendance, residency engagement, and credential evaluations. The company has expanded organically from its West Texas origin to a three-state footprint with offices in Flower Mound, Lubbock, and Abilene, Texas, and remains privately held and physician-owned with no disclosed external funding. Conc

Name

Concord Medical Group

Legal name

Concord Medical Management, Inc.

Website

https://concordmedicalgroup.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Concord Medical Group is a physician-owned provider management company delivering emergency department and hospitalist staffing, recruiting, and 24/7 coverage to rural and community hospitals across Texas, Louisiana, and Arizona.

Ownership category

akta.pro rank

Product category

Healthcare Provider Staffing and Management

NAICS

Health Care and Social Assistance (62)

SIC

Services-Health Services (8000), Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

Healthcare Clinical & Allied Health Staffing (BPACADAJ)

akta.pro secondary industry

Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)

Keywords

• Emergency department staffing
• Hospitalist provider management
• Rural healthcare staffing
• Physician recruitment services
• Locum tenens staffing

Headquarters

HQ city

Lubbock

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Contracted Long-term Staffing and Administration: Concord Medical Group is paid by hospitals on an hourly basis for emergency medicine services. The hospital obtains third-party reimbursement for services provided. This is the primary revenue model for the company's managed ED and hospitalist programs.
2. Locum Tenens (Temporary Staffing): Short-term or temporary staffing services provided when hospitals are understaffed. Concord provides qualified physicians to fill temporary gaps in coverage.
3. Fee-for-Service Long-term Staffing and Management: Comprehensive staffing and management services where Concord Medical Group bills third-party payers directly for emergency medicine services provided. Concord is responsible for invoicing and collection of fees attributed to physician services.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Concord Medical Group provides emergency department and hospitalist provider management services to rural and community hospitals across Texas, Louisiana, and Arizona. The company recruits, credentials, and deploys more than 350 physicians and 50 advanced practice providers under long-term contracts, locum tenens arrangements, and fee-for-service staffing models, supported by 24/7 account management and on-site facility support.

Product overview

Concord Medical Group is a physician-owned healthcare provider management company offering a portfolio of services centered around emergency department and hospitalist provider management. The core offerings include Emergency Department Provider Management and Hospitalist Provider Management services, supported by physician recruitment, credential review, and consulting services. In April 2026, the company expanded its portfolio through a partnership with DocAssistant to offer an AI Scribe and Clinical Decision Support Platform that uses ambient listening technology to generate real-time clinical documentation. The company operates primarily in Texas, Louisiana, and Arizona, serving rural and community hospitals.

Differentiator

Problem solved

Functional benefit

Products and services

• Emergency Department Provider Management Comprehensive staffing and management of hospital emergency departments, providing physician and advanced practice provider coverage, scheduling, credentialing, and 24/7 operational support to healthcare facilities.
• Hospitalist Provider Management Inpatient medical care management services providing hospital-based physicians to manage patient care from admission through discharge for partner hospitals.
• AI Scribe and Clinical Decision Support Platform AI-powered documentation technology deployed across partner emergency departments that uses ambient listening to convert spoken clinical conversations into real-time clinical notes, with clinical decision support for billing optimization and CMS guideline compliance.
• Locum Tenens (Temporary Staffing) Short-term or temporary physician staffing services provided to hospitals experiencing coverage gaps, supplying qualified physicians to fill temporary staffing needs.
• Fee-for-Service Long-term Staffing and Management Comprehensive long-term staffing and management arrangement where Concord Medical Group bills third-party payers directly for emergency medicine services and is responsible for invoicing and collection of fees attributed to physician services.
• Physician Recruitment Services Recruitment and retention of qualified emergency medicine and hospitalist physicians through conference attendance, residency event sponsorship, face-to-face meetings, and mandatory credential evaluation.
• Consulting and Management Services Custom-fit consulting and management solutions for healthcare facilities including organizational restructuring, patient flow optimization, and communication improvement strategies.

Quantifiable outcome

• Reduces documentation burden through AI-generated clinical notes in real time
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Partnerships

One partnership is on record.

• DocAssistantcoreTechnology or Integration · 1 April 2026Concord Medical Group partnered with DocAssistant in April 2026 to deploy AI scribe and clinical decision support technology across its network of emergency departments. The technology uses ambient listening to generate clinical notes in real time, reducing documentation burden and improving revenue capture through billing optimization. Both organizations were founded and led by practicing clinicians. DocAssistant's platform is trained on over 9,000 peer-reviewed medical articles and compliant with 2023 CMS Evaluation and Management guidelines.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• TeamHealth: Largest US provider of emergency medicine, hospitalist, and specialty physician staffing. Directly comparable to Concord as an ED/hospitalist management partner for hospitals, but with national scale and broader service lines.
• Envision Healthcare: Large multi-specialty physician services organization with significant ED and hospitalist staffing. Comparable service lines to Concord, though much larger and currently navigating post-bankruptcy restructuring.
• CHG Healthcare: Parent of CompHealth and Weatherby Healthcare, one of the largest healthcare staffing companies in the US. Comparable to Concord in physician staffing, though significantly larger and broader across specialties.

Direct peers

• US Acute Care Solutions (USACS): Physician-owned ED and hospitalist management group serving hospitals nationwide. Most direct comparable to Concord on physician-owned model and ED/hospitalist focus, with larger geographic footprint.
• SCP Health: National physician group providing ED, hospitalist, and urgent care staffing/management to hospitals. Directly comparable to Concord in ED management services and multi-state hospital partnerships.
• Vituity: Physician-owned and led multispecialty group with strong ED and hospitalist staffing presence. Closely comparable to Concord's physician-owned model and emergency medicine focus.
• Sound Physicians: Hospitalist-focused physician practice with national footprint managing inpatient programs. Comparable to Concord's hospitalist product line, though with broader scale and additional value-based care services.
• ApolloMD: Physician-owned group providing ED, hospitalist, and anesthesia staffing to hospitals. Directly comparable to Concord across ED and hospitalist services with similar physician-led model.
• LocumTenens.com: Healthcare staffing firm specializing in locum tenens placement for physicians and APPs. Comparable to Concord's locum tenens revenue stream and physician recruitment capability.

Regional players

• IntellaTriage: Nurse triage and after-hours call coverage provider for hospitals and post-acute providers. Adjacent service to Concord's ED staffing, with overlap in providing remote/extended-hour clinical coverage to hospitals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/ConcordMedGrp
• Facebookfacebook.com/concordmedicalgroup
• LinkedInlinkedin.com/company/concord-medical-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Concord Medical Group