Concentra Group Holdings Parent, Inc. (NYSE:CON) is one of the 11 Best All-Time Low Stocks to Buy According to Analysts. On June 2, Concentra Group Holdings Parent, Inc. (NYSE:CON) announced the completion of its acquisition of Pivot Onsite Innovations. The company runs more than 200 health clinics at workplaces in more than 40 states.
Management noted that this purchase doubles the size of the company’s health business and adds significant scale and expertise. Concentra Group Holdings Parent, Inc. now operates around 350 onsite clinics. The transition is designed to be smooth for all Pivot clients, and the patients will keep seeing their regular healthcare teams. The company paid $55 million for the acquisition.
A medical professional performing a Magnetic Resonance Spectroscopy (MRS) scan on a patient.
Concentra Group Holdings Parent, Inc. is the largest provider of occupational health services in the United States. It offers various healthcare-related services through its network of medical centers and onsite clinics.
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This article is originally published at Insider Monkey.
