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Concentra acquires Miami-Dade clinics from PHC and OMM

Mar 10, 20254 months ago

Acquiring Company

Concentra

Acquired Company

Physicians Health Center

FloridaMedicalHealth Care

Description

Concentra has acquired five occupational medicine clinics in Miami-Dade County from Physicians Health Center and OM Management. This acquisition enhances Concentra's services in the area, making it easier for local employers to access healthcare solutions. The acquired clinics focus on work injury care and drug testing, further expanding Concentra's reach in Florida.

Company Information

Company

Concentra

About

Concentra is the largest provider of occupational health services in the United States, dedicated to improving the health of America’s workforce, one patient at a time. With over 11,000 colleagues and affiliated physicians, Concentra delivers an extensive suite of services, including workers' compensation and direct-to-employer care. They operate nearly 550 medical centers and more than 150 onsite medical facilities. Concentra focuses on providing quality and efficient medical care to meet the needs of employers and their employees.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed