The publicly traded health system HCA Healthcare, Inc. struck a deal to acquire 41 urgent care centers in Texas owned by FastMed. No financial terms were disclosed, but the transaction is expected to close this summer. The agreement includes 19 FastMed and 22 MedPost urgent care centers in Dallas, Austin, San Antonio, Houston, and El Paso. It does not include FastMed’s urgent care locations outside of Texas.
According to the press release, once completed, the transaction will expand significantly HCA Healthcare’s urgent care operations, which currently comprise 268 clinics.
In 2022, HCA announced two deals in the urgent care space: Bettermed in Virginia, and following that, MD Now Urgent Care in Florida. The latter deal was valued at $594 million according to transaction data found in HCA’s annual 2022 report.
