Concentra Group

Concentra unveils a planned management change effective November 1, with Matthew DiCanio named president and CEO, Tanner Newton as CFO and Keith Newton as executive chairman. The company reports robust operating momentum with above-target patient growth, nine consecutive quarters of meeting or exceeding goals since the IPO, margin expansion and a net leverage ratio of 2.99 at the end of Q2. Growth drivers include onsite services (revenue > $150 million, organic growth > 20%), accelerated new openings and targeted acquisitions; the separation from Select Medical is nearly complete and provides financial flexibility for M&A and share buybacks. » Plus sur de.investing.com

S&P Global Ratings has raised Concentra’s long-term rating from BB- to BB, and also upgraded the rating on senior secured loans to BB+ and on unsecured bonds to B+. The upgrade was driven by strong operating results, adjusted leverage below 3.5x in the second quarter, and expected improvements to about 3.3x in 2026 and 3.0x in 2027; management’s net-leverage target is 2.5x. S&P praises higher adjusted EBITDA, strong operating cash flows and Concentra’s market-leading position in occupational health, but assigns a stable outlook and warns that persistently high leverage from aggressive M&A or distributions would pose a downgrade risk. » Plus sur de.investing.com

Concentra has opened its first medical center in Boise, offering work-injury treatment, physical therapy, drug testing, DOT exams, pre-employment screenings and occupational health services. The facility complements telemedicine services via Concentra Telemed; a second location in Meridian is expected later this year. As of March 31, 2026, Concentra operated 632 occupational health centers and 411 onsite clinics, reported revenue growth of 15.46%, revenue of $2.23 billion and a market capitalization of $4 billion. » Plus sur de.investing.com