Concentra Group Holdings Parent, an occupational health services provider being spun out of Select Medical, filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal Renaissance Capital estimates could raise up to $500 million. Concentra states that it is the largest provider of occupational health services in the US by number of locations. As of March 31, 2024, the company operated 547 stand-alone occupational health centers in 41 states, and 151 onsite health clinics at employer worksites in 37 states. It has also expanded its reach via its telemedicine program, serving 43 states and the District of Columbia.
Read the full article: Health Services Provider Concentra Files for an Estimated $500M IPO //
Source: https://www.renaissancecapital.com/IPO-Center/News/105243/Health-services-provider-Concentra-files-for-an-estimated-$500-million-IPO