FastMed Plus NextCare Equals Urgent Care Giant

FastMed Plus NextCare Equals Urgent Care Giant

Consolidation continues in the urgent care services sector, as consumers and healthcare provider organizations look for lower-cost services outside hospital walls. One of the largest deals in this area in 2018 is FastMed Urgent Care’s acquisition of NextCare Holdings Inc., a portfolio company of Alcentra Capital Corp. since 2016. FastMed, the business name for Urgent Care Holdings of America, LLC, is backed by Abry Partners and BlueMountain Capital Management. The company owns and operates 110 clinics in Arizona, North Carolina and Texas. NextCare operates 141  facilities in Arizona, Colorado, Kansas, Missouri, New Mexico, North Carolina, Oklahoma, Texas, Virginia and Wyoming. The... Read More »

NextCare Urgent Care Expands in Arizona

NextCare Holdings Inc., already the country’s largest privately held urgent care provider, grew even more last week with the acquisition of three urgent care facilities in its home state of Arizona. The newest additions are two Troyer Urgent Care centers in Flagstaff and Lake Havasu City, and Chino Valley Medical Center in Chino Valley. They bring the company’s total to 35 locations within the state, and extend its services to more than 90% of the state’s population. The Chino Valley center will also provide primary care services. Financial terms were not disclosed. Read More »