Nova Medical Centers

Nova Medical Centers

Occupational health provider for on-the-job injuries

Overview

Nova Medical Centers provides occupational healthcare services that help workplaces keep their staff healthy and productive. It offers services such as drug testing, medical physicals, care for work-related injuries, and physical therapy for on-the-job injuries. The service works by evaluating employees, conducting necessary tests, treating injuries, and providing rehabilitation and follow-up to support returning to work. The company differentiates itself by aiming for exceptional outcomes and by focusing on the needs of both patients and their employer clients, delivering integrated, on-site or centralized occupational health care. Its goal is to improve workplace health and safety while exceeding expectations for quality and convenience.

About Nova Medical Centers

Simplify's Rating
Why Nova Medical Centers is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$265M

Headquarters

Houston, Texas

Founded

1992

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Simplify's Take

What believers are saying

  • Concentra finished Nova transitions on July 28, 2025, stabilizing branding and billing.
  • The deal expanded Concentra into Texas, Georgia, Tennessee, Indiana, and Wisconsin.
  • Concentra expected Nova to add roughly $130 million revenue and immediate earnings accretion.

What critics are saying

  • Nova no longer exists independently; Concentra acquired and transitioned all centers by July 28, 2025.
  • Concentra financed the $265 million deal with debt, pressuring hiring, wages, and upgrades.
  • Nova’s 2015 workers’ compensation fraud plea still taints employer trust and sales conversations.

What makes Nova Medical Centers unique

  • Before March 1, 2025, Nova ran 67 occupational-health centers across five states.
  • Nova bundled workers’ comp care, physical therapy, drug screens, and pre-employment physicals.
  • Houston roots and employer-centric workflows built sticky relationships in Texas industrial markets.

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Funding

Total Funding

$265M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

401(k) Company Match

Paid Vacation

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Company News

Business Wire
Jan 28th, 2025
Concentra Announces Preliminary 2024 Financial Results, Agreement To Acquire Nova Medical Centers, and 2025 Financial Guidance

Concentra Group Holdings Parent, Inc. (“Concentra,” “the Company,” “we,” “us,” or “our”) (NYSE: CON), the nation’s largest provider of occupational he

WorkCompWire
Jan 27th, 2025
Concentra Acquires Nova for $265M

Concentra has announced a definitive agreement to acquire Nova Medical Centers, which operates 67 centers across five states. This acquisition will expand Concentra's network to over 770 centers in 42 states. The transaction values Nova at $265 million, and Concentra plans to finance it using cash, available credit, and new debt. The deal is expected to close in Q1 2025.

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