Concentra Group Holdings Parent, Inc. announced on June 2, 2025, the closing of its acquisition of Pivot Onsite Innovations from Athletico Physical Therapy. The purchase price for Pivot Onsite Innovations was $54.4 million.
Pivot Onsite Innovations operates over 200 onsite health clinics at employer locations in over 40 states. This acquisition doubles the size of Concentra's Onsite Health operating segment, expanding its total onsite footprint to over 400 clinics.
The transaction was financed using a combination of $35.0 million from Concentra's existing revolving credit facility and cash on hand. This strategic move significantly enhances Concentra's competitive position and expands its service offerings in the workplace health market.
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