8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): June 1, 2007

CONCENTRA OPERATING CORPORATION

(Exact name of registrant as specified in its charter)

Nevada	001-15699	75-2822620
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

5080 Spectrum Drive Suite 1200 - West Tower Addison, Texas	75001
(Address of principal executive offices)	(Zip code)

Registrant’s telephone number, including area code: (972) 364-8000

Not applicable

(Former name or former address if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On June 1, 2007, Concentra Operating Corporation (the “Registrant”) issued a press release announcing the purchase of ppoNEXT, Inc. and its subsidiaries by Beech Street Corporation, a wholly-owned subsidiary of the Registrant. A copy of this press release is being filed as Exhibit 99.1 to this report.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1    Press Release of the Registrant dated June 1, 2007.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CONCENTRA OPERATING CORPORATION
(Registrant)
By:	/s/ Mark A. Solls
Name:	Mark A. Solls
Title:	Executive Vice President, General Counsel and Corporate Secretary

Date: June 4, 2007

INDEX TO EXHIBITS

EXHIBIT NUMBER
99.1	Press Release of the Registrant dated June 1, 2007.

EX-99.1

Exhibit 99.1

Contacts:	Daniel J. Thomas	Thomas E. Kiraly
	President and Chief Executive Officer	Executive Vice President and Chief Financial Officer
	(972) 364-8111	(972) 364-8217

CONCENTRA ACQUIRES ppoNEXT

ADDISON, Texas, June 1, 2007 – Concentra Operating Corporation (“Concentra” or the “Company”) today announced that it has, through its subsidiary, Beech Street Corporation, acquired ppoNEXT, Inc. for $19 million.

Established in 1999, ppoNEXT is one of the country’s largest PPO networks. The acquisition will expand Concentra’s offerings in its network services segment and will enhance its existing lines of service to the nation’s leading health plans, insurers and health plan administrators.

Concentra provides outsourced cost management services to the managed care industry. The Company offers a broad array of services designed to decrease medical and administrative costs for its customers, through its subsidiaries, including Concentra Network Services and Beech Street Corporation. The addition of ppoNEXT will allow the Company to provide access to over 520,000 healthcare providers nationally. Concentra Network Services and its subsidiaries will become subsidiaries of Viant Holdings, Inc. after the previously announced spin-off.

Commenting on the acquisition, Tom Bartlett, Concentra Network Services’ President, said, “The ppoNEXT transaction further demonstrates our commitment to investment in our network services business. ppoNEXT is an established national PPO with excellent geographic coverage. The ppoNEXT team has done a terrific job of building its network and solidifying strong provider relationships which is consistent with our objectives.”

Concentra Operating Corporation, a wholly owned subsidiary of Concentra Inc., is dedicated to improving the quality of life by making healthcare accessible and affordable. Serving the occupational, auto and group healthcare markets, Concentra provides employers, insurers and payors with a series of integrated services that include employment-related injury and occupational healthcare, urgent care services, in-network and out-of-network medical claims review and repricing, access to preferred provider organizations and other cost containment services. Concentra provides its services to approximately 220,000 employer locations and more than 1,500 insurance companies, group health plans, third-party administrators and other healthcare payors. The Company currently has 312 health centers located in 40 states.

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Concentra Acquires ppoNEXT

Page 2

June 1, 2007

This press release contains certain forward-looking statements, which the Company is making in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and that the Company’s actual results may differ materially from the results discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, changes in nationwide employment and injury rate trends; operational, financing and strategic risks related to the Company’s capital structure, acquisitions, separation transactions and growth strategy; the adverse effects of litigation judgments or settlements; interruption in its data processing capabilities; the potential adverse impact of governmental regulation on the Company’s operations; competitive pressures; adverse changes in market pricing, demand and other conditions relating to the Company’s services; possible fluctuations in quarterly and annual operations; and dependence on key management personnel. Additional factors include those described in the Company’s filings with the Securities and Exchange Commission.

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