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Humana Completes Acquisition of Concentra

The final purchase price for the healthcare services provider was $790 million.

Louisville-based health carrier Humana has completed its acquisition of Addison, Texas-based healthcare services provider Concentra in a $790 million cash deal.

Humana’s consolidated revenues for the year ending December 31, 2011 are expected to increase by approximately $800 million in connection with this transaction, the company says.

Concentra delivers occupational medicine, urgent care, physical therapy and wellness services from more than 300 medical centers in 42 states. It also serves employer customers by providing a broad range of health advisory services and operating more than 240 worksite medical facilities.

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

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