15 Successful Spin-Off Companies and Their 2025 Returns

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8. Concentra Group Holdings Parent, Inc. (NYSE:CON)

Year to Date Return as of July 7: 6.58%

Number of Hedge Fund Holders: 33

Year of Spin-off: 2024

Concentra Group Holdings Parent, Inc. (NYSE:CON) is one of the 15 successful spin-off companies. On June 26, the company confirmed the appointment of two new board members as it looks to unlock new growth opportunities and enhance shareholder value.

The company confirmed the appointment of Vipin Gopal and Brigid Bonner to its board, effective July 1, 2025. Gopal joins the board with extensive experience in data and artificial intelligence strategy. He has previously worked at Eli Lilly and Walgreens Boots. On the other hand, Bonner brings vast experience and knowledge in strategic planning and digital transformation.

Concentra Group is to leverage their experience as it seeks to strengthen its position in the healthcare industry.

“Concentra analyzes vast amounts of healthcare data, empowering our clinicians by providing them with valuable insights for superior clinical decision making,” said Keith Newton, Concentra’s chief executive officer. “And, with AI expected to revolutionize numerous aspects of care, Vipin will apply his deep knowledge to help provide guidance to the Concentra organization moving forward.”

Concentra Group Holdings Parent, Inc. (NYSE:CON) provides occupational health services. It offers a wide range of services, including treatment for workplace injuries, physical therapy, physical examinations, drug testing, and urgent care. It is one of the most successful companies following its spin-off from Select Medical Holdings Corporation.

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