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HCA Buys 24 MedSpring Urgent Care Centers from Fresenius

Analysis  |  By Jack O'Brien  
   July 02, 2019

The Nashville-based for-profit hospital operator purchased two dozen facilities located in Texas.

HCA Healthcare bought 24 MedSpring urgent care centers from Germany-based dialysis clinic operator Fresenius Medical Care, the for-profit hospital operator announced Monday afternoon.

The Nashville-based company purchased urgent care centers in Austin, Dallas, and Houston, with plans to rename them from MedSpring to CareNow Urgent Care.

The move will expand HCA's network of urgent care centers to 160 facilities nationwide, which Sam Hazen, CEO of HCA, said is part of an effort by the company to provide care options closer to residents in the three Lone Star cities.

β€œThe addition of these urgent care centers will complement our already robust healthcare networks and help us provide more convenient access for our patients," Hazen said in a statement.

Related: Aetna Wins Arbitration Appeal, to Pay HCA Hospitals $86M

HCA comes off a busy Q1, where the company sold some Oklahoma facilities for $405 million, acquired Mission Health for $1.5 billion, and secured a majority stake in Galen College of Nursing, one of the largest private nursing schools in the nation.

Related: HCA Asks Judge to Toss Lawsuit Alleging ER 'Cover Charge'

For Fresenius Medical Care, the sale comes three months after the company was ordered to pay $231 million to address allegations of paying bribes to public health officials to retain business contracts.

Related: Fresenius Medical Care to Pay $231 Million to Resolve Criminal, Civil Foreign Bribery Charges

Related: Private Insurers Pay Dialysis Providers Four Times Above Medicare

Jack O'Brien is the Content Team Lead and Finance Editor at HealthLeaders, an HCPro brand.

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