Financial PerformanceThe company beat adjusted EBITDA expectations by +0.73%, driven by strong revenue per visit growth, up +3.9% y/y, which helped to offset lower volumes in the quarter.
Growth PotentialConcentra is outpacing industry volumes by adding new locations and acquisitions, with new locations reaching breakeven EBITDA in less than 3 months.
Market PositionConcentra is the largest operator of occupational medicine and onsite clinics in the US with a 20% market share.