Concentra® Announces Signing of Definitive Agreement to Acquire Pivot Onsite Innovations
Summary
Like Concentra, Pivot Onsite Innovations emphasizes workplace health through programs designed to promote a safer, healthier, and more productive workforce. By joining forces with Concentra, we are excited to build on these positive outcomes and expand our service offerings for our customers and employees,” said Dr. Lawrence J. Goren, Founder and Chief Medical Officer of Pivot Onsite Innovations. “We are pleased to retain key management as their leadership and expertise will be instrumental in ensuring continuity as we grow and collaboratively shape the future of the business for both our customers and our colleagues,” said Rhine. Concentra customers will benefit as the company leverages over 50 years of combined onsite experience and expertise to continue to provide trusted care in support of its mission to improve the health of America’s workforce, one patient at a time. Concentra currently expects to finance the announced transaction using a combination of cash on hand and available borrowing capacity under its existing revolving credit facility.