Concentra Sale to Select Medical / Welsh Carson is Complete
Humana announced today that it has completed its previously announced sale of Concentra to a joint venture between Select Medical Holdings Corporation (Select Medical) and Welsh, Carson, Anderson & Stowe a private equity fund.
Humana’s sale of Concentra reflects the organization’s focus on investing in primary care medical practices to support its integrated care delivery model. Select Medical’s purchase of Concentra supports its goal to create a robust occupational medicine business channel that complements the organization’s existing portfolio of long-term acute care hospitals, inpatient and outpatient rehabilitation clinics, and contract rehabilitation services.