Concentra Group Holdings Parent Inc. 2025年季度报告

(Mark One) Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter periods as such Registrant was required to file such reports), and (2)has been subject to Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405of Regulation S-T during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule12b-2 of the Exchange Act. (Check one): If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ As of April30, 2025, Concentra Group Holdings Parent, Inc. had outstanding128,171,952shares of common stock. Unless the context indicates otherwise, any reference in this report to “Concentra” refers to Concentra Group Holdings Parent,Inc. and itssubsidiaries. References to the “Company,” “we,” “us,” and “our” refer collectively to Concentra and its subsidiaries. PART I - FINANCIAL INFORMATION CONCENTRA GROUP HOLDINGS PARENT, INC.CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)(in thousands, except par value and share data) Table of Contents CONCENTRA GROUP HOLDINGS PARENT, INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME CONCENTRA GROUP HOLDINGS PARENT, INC.CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY CONCENTRA GROUP HOLDINGS PARENT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1.Organization Concentra Group Holdings Parent, Inc., a Delaware corporation, conducts substantially all of its business through ConcentraHealth Services, Inc. (“CHSI”) and its subsidiaries. As the context may require, the “Company,” “we,” “our” or similar words in this The Company is the largest provider of occupational health services in the United States based on number of locations. As ofMarch31, 2025, we operated627stand-alone occupational health centers in41states and160onsite health clinics at employer 2.Accounting Policies Basis of Presentation and Consolidation The Company operated as part of Select Medical Corporation (“Select”) until Select made a special stock distribution of104,093,503shares of the Company’s common stock to Select’s stockholders (the “Distribution”) on November 25, 2024. TheCompany’s consolidated financial statements prior to the Distribution have been prepared from Select’s historical accounting recordsand derived from the condensed consolidated financial statements of Select to present the Company as if it had been operating on astandalone basis. The unaudited condensed consolidated financial statements of the Company as of March31, 2025, and for the threemonths ended March31, 2025 and 2024, have been prepared pursuant to the rules and regulations of the Securities and ExchangeCommission (the “SEC”) for interim reporting and the accounting principles generally accepted in the United States of America (“U.S. The results of operations for the three months ended March31, 2025 are not necessarily indicative of the results to be expectedfor the full fiscal year ended December 31, 2025. These unaudited condensed consolidated financial statements and related notesshould be read in conjunction with the audited consolidated financial statements and related notes as contained in the Company’s The condensed consolidated financial statements include the assets, liabilities, revenue, and expenses based on our legal entitystructure as well as direct and indirect costs that are attributable to our operations. Indirect costs are the costs of support functions thatare partially provided on a centralized basis by Select and its affiliates, which include finance, human resources, benefitsadministration, procurement support, information technology, legal, corporate governance and other professional services. Indirectcosts were allocated to the Company, prior to the IPO, for the purposes of preparing the consolidated financial statements based on a The income tax amounts in these condensed consolidated financial statements prior to the Distribution have been calculatedbased on a separate return methodology and are presented as if our income gave rise to separate federal and state consolidated incometax return filing obligations in the respective jurisdictions in which we o