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Select Medical and Dignity Health complete merger of units

Select Medical Holdings Corp. completed the merger of its unit Concentra Group Holdings LLC with Dignity Health Holdings Co. unit U.S. HealthWorks Inc.

Concentra acquired all of the issued and outstanding shares U.S. HealthWorks from Dignity Health.

In exchange, Dignity Health, a healthcare system, received cash plus a 20% equity interest in the combined entity.

Concentra is an operator of medical centers which provide occupational medicine, urgent care, physical therapy and wellness services.