M&A
confidence high
sentiment positive
materiality 0.80
Concentra to acquire Nova Medical Centers for $265M; Q4 revenue $465M (+5.5% YoY)
Concentra Group Holdings Parent, Inc.
- Agreement to buy all membership interests of Nova Medical Centers for $265M; expected close in Q1 2025.
- Q4 2024 revenue $465.0M (+5.5% YoY); net income $20.6-22.6M vs $28.9M in Q4 2023.
- Adjusted EBITDA Q4 $77.5M (+13.6% YoY); full-year 2024 Adj. EBITDA $376.9M (+4.3% YoY).
- Patient visits per day declined 2.1% in Q4; revenue per visit up 5.8% to $145.08.
- 2025 guidance: revenue ~$2.1B; Adj. EBITDA $410-425M; capex $80-90M; net leverage ~3.5x.