Global Trends

National Occupational Health Provider Extends Reach in Florida

New Hialeah Medical Center Opens Amid Strong Financial Performance and Strategic Digital Focus

Occupational health specialist Concentra (NYSE:CON), a publicly traded company, has expanded its national footprint by establishing a new medical center in Hialeah, Florida. The facility, situated at 855 East 8th Avenue, is intended to improve local access to a range of employer-focused medical services and address rising regional demand.

The new location will deliver comprehensive services, including treatment for workplace injuries, physical rehabilitation, required medical assessments for commercial drivers (DOT examinations), pre-employment physicals, and substance abuse screenings. It will also integrate telemedicine capabilities through the company’s digital platform for managing minor work-related injuries. Concentra’s leadership indicated this strategic move aims to optimize service capacity for employers in the Hialeah area.

This addition expands the provider’s extensive network, which already comprises more than 625 centers nationwide. As of the end of the third quarter, the company maintained an operational network of 628 medical facilities and 409 clinics located directly at employer sites across 47 U.S. states. The organization, which reports serving approximately 50,000 patients daily and employing about 13,000 staff members, asserts that it is the nation’s largest occupational health provider based on facility count.

The $2.55 billion market cap company has shown strong financial performance, reporting a total revenue of $2.09 billion over the last twelve months, representing an 11.38% growth rate. Recent third-quarter results highlighted this upward trend with a 17% rise in revenue to $572.8 million and an 8.9% increase in net profit to $49.8 million. The company has also recently received a “Weight Increase” rating from JPMorgan, reflecting confidence in its growth trajectory and operational efficiency, including a flexible cost structure. Furthermore, Concentra has appointed a new Director of Data, Analysis, and Artificial Intelligence, signaling a focus on data strategy to support continued expansion.

Source: https://vn.investing.com/news/company-news/concentra-khai-truong-trung-tam-y-te-nghe-nghiep-moi-tai-hialeah-florida-249482

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