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Skip to main content CONTINUE TO SITE ➞ DON'T MISS TOMORROW'S HEALTHCARE INDUSTRY NEWS Let Healthcare Dive's free newsletter keep you informed, straight from your inbox. * Daily Dive M-F view sample Topics covered: M&A, health IT, care delivery, healthcare policy & regulation, health insurance, operations and more. * Payer Weekly Every Wednesday view sample Topics covered: payer-provider partnerships, value-based care efforts, payer market moves and healthcare reform efforts. * IT Weekly Every Thursday view sample Topics covered: interoperability, artificial intelligence, digital health, EHRs, cybersecurity, vendor activity and telehealth. By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. A valid email address is required. * Deep Dive * Opinion * Library * Events * Press Releases * Topics Menu * Search * Sign up Search * Hospitals * Payer * Health IT * Government * Finances * Medical Groups * Telehealth * COVID-19 An article from Dive Brief HCA TO ACQUIRE 41 URGENT CARE CLINICS IN TEXAS Published May 19, 2023 By Emily Olsen * * * * * Illustration: Xavier Lalanne-Tauzia for Industry Dive Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. DIVE BRIEF: * HCA Healthcare, one of the nation’s largest for-profit health systems, has agreed to acquire 41 urgent care centers in Texas. * The deal includes 19 FastMed and 22 MedPost clinics in Dallas, Austin, San Antonio, Houston and El Paso, HCA said Thursday. * Terms of the deal were not disclosed, but the buy is expected to close this summer, according to the operator. DIVE INSIGHT: Hospitals have been increasingly investing in outpatient sites as patients seek out cheaper and more convenient care, driving a shift in utilization outside of the inpatient facility. The purchase will expand the Nashville, Tennessee-based health system’s footprint in Texas, where it already operates 45 hospitals, 395 physician practices and 92 urgent care centers, according to HCA. The buy executes on HCA’s plan to bolster its urgent care footprint this year. During its fourth quarter earnings call in January, CEO Sam Hazen said HCA could expand to 300 urgent care centers this year. HCA currently operates 268 urgent care clinics, according to the Texas deal press release. “For M&A, we have been fairly active in the market with outpatient acquisitions, again, when they come available, whether it's urgent care, some freestanding emergency room, some [ambulatory surgical centers], some physician clinics, and so forth,” Hazen said. “And those are very complementary, synergistic to our network acquisitions, and we will continue to pursue those as they develop.” In its first quarter earnings this year, the health system reported profit of $1.4 billion on revenue of $15.6 billion, compared with $15 billion in the prior-year period. The operator also increased its full-year revenue and net income guidance due to improvements in admissions and contract labor costs. According to FastMed’s website, the company runs more than 200 walk-in locations, including 41 total clinics in Texas. It also operates urgent care centers in Arizona, North Carolina and Florida, which won’t be affected by the deal. RECOMMENDED READING * HCA boosts full-year guidance on Q1 increase in net income, revenue By Sydney Halleman • April 24, 2023 * post * share * tweet * print * email Filed Under: Finances, Medical Groups HEALTHCARE DIVE NEWS DELIVERED TO YOUR INBOX Get the free daily newsletter read by industry experts Email: * Select Newsletter: Daily Dive M-F * Select Newsletter: Payer Weekly Every Wednesday * Select Newsletter: IT Weekly Every Thursday * Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. EDITORS' PICKS * Florin Cristian Ailenei via Getty Images Deep Dive // Overturning of Roe v. Wade HOW THE SPREAD OF CATHOLIC-OWNED HEALTHCARE FACILITIES MAY COMPLICATE ACCESS TO REPRODUCTIVE CARE Catholic facilities must follow ethical and religious directives that say they can’t provide abortion or sterilization services and may not "promote or condone" contraceptives. By Samantha Liss • July 13, 2022 * Explore the Trendline➔ Depositphotos Trendline INTEROPERABILITY Sweeping rules prohibiting information blocking and standardizing EHR and software data exchange came at a pivotal time, as the COVID-19 public health crisis quickly highlighted the stark need for smoother data sharing systemwide. By Healthcare Dive staff GET THE FREE NEWSLETTER Subscribe to Healthcare Dive for top news, trends & analysis Email: * Select Newsletter: Daily Dive M-F * Select Newsletter: Payer Weekly Every Wednesday * Select Newsletter: IT Weekly Every Thursday * Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. MOST POPULAR 1. Senate scrutinizes MA payment denials, including use of algorithms 2. Envision Healthcare files for Chapter 11 bankruptcy 3. House committee centers blame on PBMs for rising healthcare costs 4. VA renegotiates tougher EHR modernization contract with Oracle Cerner LIBRARY RESOURCES * Webinar - on demand How Today's Hospitals Can Combat Rising Labor Costs and Burnout Custom content for AMN Healthcare * Trendline The evolution of electronic health records Supported by Salesforce.com * Playbook Your Guide to the Gold Standard for Meeting ESG Goals Custom content for Gridmatic View all COMPANY ANNOUNCEMENTS * Corazon and The Society for Cardiovascular Angiography and Interventions Announce Partnership From Corazon, Inc. * Good Days and Atlas Health Announce Virtual Event on Reducing Financial Toxicity From Good Days * TearRestore Encourages Eye Exams During Month of May for National Healthy Vision Month From TearRestore * Expion Health Launches Innovative Mobile App, ExpionME, and Rebrands from Exponent Health From Expion Health View all | Post a press release WHAT WE'RE READING * Axios Health plans to give more than $1 billion in projected rebates * The Washington Post Bogus nurses, fake diplomas: Officials search for unqualified health workers * Bloomberg Law Covid-19 Care Provider Shields Remain Strong Despite Scrutiny View all EVENTS * 30 MAY Webinar | 2 p.m. ET How Leading Health Systems Enable their PCPs to Screen for Cancer Early Presented by studioID and GRAIL * 05 JUN Webinar | 2 p.m. ET Extending Genetic Services Across Clinical Specialties to Improve Proactive Care Presented by studioID and Genome Medical HEALTHCARE DIVE NEWS DELIVERED TO YOUR INBOX Get the free daily newsletter read by industry experts Email: * Select Newsletter: Daily Dive M-F * Select Newsletter: Payer Weekly Every Wednesday * Select Newsletter: IT Weekly Every Thursday * Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. COMPANY ANNOUNCEMENTS View all | Post a press release Corazon and The Society for Cardiovascular Angiography and Interventions Announce Partnership From Corazon, Inc. May 18, 2023 Good Days and Atlas Health Announce Virtual Event on Reducing Financial Toxicity From Good Days May 09, 2023 TearRestore Encourages Eye Exams During Month of May for National Healthy Vision Month From TearRestore May 09, 2023 Expion Health Launches Innovative Mobile App, ExpionME, and Rebrands from Exponent Health From Expion Health May 12, 2023 Editors' picks * Florin Cristian Ailenei via Getty Images Deep Dive // Overturning of Roe v. Wade HOW THE SPREAD OF CATHOLIC-OWNED HEALTHCARE FACILITIES MAY COMPLICATE ACCESS TO REPRODUCTIVE CARE Catholic facilities must follow ethical and religious directives that say they can’t provide abortion or sterilization services and may not "promote or condone" contraceptives. By Samantha Liss • July 13, 2022 * Explore the Trendline➔ Depositphotos Trendline INTEROPERABILITY Sweeping rules prohibiting information blocking and standardizing EHR and software data exchange came at a pivotal time, as the COVID-19 public health crisis quickly highlighted the stark need for smoother data sharing systemwide. By Healthcare Dive staff Latest in Finances * HCA to acquire 41 urgent care clinics in Texas By Emily Olsen * CommonSpirit’s operating losses swell, sparking job cuts By Rebecca Pifer * Envision Healthcare files for Chapter 11 bankruptcy By Sydney Halleman * Cano divesting non-core assets to bolster cash flow, CEO says By Susan Kelly -------------------------------------------------------------------------------- * * * * EXPLORE * About * Editorial Team * Contact Us * Newsletter * Article Reprints * Press Releases * What We're Reading REACH OUR AUDIENCE * Advertising * Post a press release * Submit an opinion piece RELATED PUBLICATIONS * BioPharma Dive * MedTech Dive -------------------------------------------------------------------------------- image/svg+xml Industry Dive is an Informa business © 2023 Industry Dive. All rights reserved. | View our other publications | Privacy policy | Terms of use | Take down policy. 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