Concentra Acquires Cascade Occupational Medicine in Portland
ADDISON, Texas, March 22, 2011 /PRNewswire/ -- Concentra, a subsidiary of Humana (NYSE: HUM), announced today it has expanded its presence in the Portland, Ore. market with the acquisition of the assets of Cascade Occupational Medicine Physicians, Inc. ("COMPI"), which includes five medical centers.
Following completion of the transaction, Concentra gains a larger footprint in the Portland market, with two COMPI medical centers in Hillsboro and Portland operating as Concentra Urgent Care. These centers offer occupational health services and urgent care, as well as physical therapy, preventive, wellness, and health education services to current and new patients and employers. The operations of three other COMPI medical centers in Tualatin, Tigard, and the Swan Island section of Portland, respectively, were consolidated into Concentra Urgent Care's two existing centers in Swan Island and Lake Oswego.
Through this acquisition, Concentra continues to expand its footprint and commitment to clients with additional locations in the market, providing expansive medical services to meet growing demand for quality and convenient medical care. Many of the existing COMPI medical staff, providers, and non-medical personnel have been retained, building on their tenure with the organization and the long-standing relationships they have developed within the surrounding communities.
Keith Newton, president and chief operating officer of Concentra, said, "This is an excellent opportunity to expand our service and medical expertise in the greater Portland market. Cascade Occupational Medicine has a proven record of service to the community, providing comprehensive medical treatment for injured employees – a philosophy that parallels that of Concentra and ultimately results in tremendous benefits for our patients and clients."
Serving the community for nearly 20 years dating back to its formation with Legacy Health System, COMPI has been a well-established provider of efficient and effective occupational health services to the employer community. Existing COMPI patients gain greater access to quality and convenient health services at all five Concentra locations in Oregon, including locations in Portland and Lake Oswego:
Concentra Urgent Care
Concentra Urgent Care
3449 N Anchor Street, Ste. 300A
6405 SW Rosewood, Ste. B
Portland, OR 97217
Lake Oswego, OR 97035
Concentra is a leading health care company focused on improving America's health, one patient at a time. Through its affiliated clinicians, the company provides occupational medicine, urgent care, physical therapy, and wellness services from more than 300 medical centers in 40 states. In addition to these medical center locations, Concentra serves employers by providing a broad range of health advisory services and operating 240 worksite medical facilities. Through this complement of services, Concentra intends to raise the standard of health by putting individuals first, treating them with clinical excellence, and focusing on their ongoing wellness. www.Concentra.com | www.ConcentraUrgentCare.com
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health and supplemental benefits companies, with approximately 10.2 million medical members, 7.1 million specialty members, and operates more than 300 medical centers and 240 worksite medical facilities. Humana is a full-service benefits and well-being solutions company, offering a wide array of health, pharmacy and supplemental benefit plans for employer groups, government programs and individuals, as well as primary and workplace care through its medical centers and worksite medical facilities. Over its 50-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.
More information regarding Humana is available to investors via the Investor Relations page of the company's web site at www.humana.com, including copies of:
- Annual reports to stockholders;
- Securities and Exchange Commission filings;
- Most recent investor conference presentations;
- Quarterly earnings news releases;
- Replays of most recent earnings release conference calls;
- Calendar of events (including upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors);
- Corporate Governance information
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