Concentra Acquires Nova Medical Centers; Agrees to Buy Pivot Onsite Innovations

Concentra Acquires Pivot Onsite Innovations from Athletico Physical Therapy

June 2, 2025

Healthcare Services

Concentra Group Holdings Parent, Inc. (Concentra) has closed the acquisition of Pivot Onsite Innovations from Athletico Physical Therapy for an enterprise purchase price of $55 million (subject to adjustment). The deal expands Concentra’s onsite health business, doubling the size of its Concentra Onsite Health operating segment and adding Pivot’s network of over 200 employer‑site clinics across more than 40 states.

Concentra Acquires Three Pivot Occupational Health Centers in Delaware and Maryland

October 16, 2023

Healthcare Services

Concentra, a division of Select Medical, has acquired three Pivot Occupational Health centers (an Athletico company) located in Wilmington and Newark, Delaware and North East, Maryland. The centers will be rebranded as Concentra locations and will continue to provide employer-focused work injury care with the addition of in‑house physical therapy services, expanding Concentra’s footprint in the region.

Athletico Physical Therapy Acquires Pivot Health Solutions

February 16, 2022

Healthcare Services

Athletico Physical Therapy has completed its acquisition of Pivot Health Solutions, expanding Athletico’s outpatient rehabilitation footprint across the Eastern U.S. and adding Pivot’s direct-to-employer Onsite Innovations business. Chris Throckmorton was named President and CEO of the combined company while Pivot founder Mark Kaufman will remain Executive Chairman.

Netsmart Acquires HealthPivots

September 4, 2024

Data & Analytics

Netsmart has acquired HealthPivots, an Oregon-based market intelligence and Medicare-claims analytics provider for the post-acute care continuum. The acquisition will integrate HealthPivots’ DataLab into Netsmart’s CareFabric to strengthen analytics and data capabilities that help post-acute providers transition to value-based care.

Trive Capital Acquires Valor Healthcare from Concentra

September 2, 2020

Healthcare Services

Trive Capital, a Dallas-based private equity firm, has acquired Valor Healthcare, Inc. from Concentra Health Services. Valor operates more than 35 VA community-based outpatient clinics providing primary care, behavioral health and telehealth services to veterans; Trive said it will provide capital and resources to support the company's continued growth and expansion.

Nordic Capital-Led Consortium Acquires Inovalon

November 24, 2021

Healthcare Services

An equity consortium led by Nordic Capital, joined by Insight Partners, 22C Capital and Inovalon founder Keith Dunleavy, completed the acquisition of Inovalon in a take-private transaction. Inovalon stockholders received $41.00 per share in cash as the cloud-based healthcare data and analytics provider is taken private to accelerate product innovation and expand its reach across the healthcare ecosystem.