Methodist Healthcare announced today it has signed an agreement to purchase 14 urgent care centers in Texas from FastMed and MedPost.
Once completed, the transaction will significantly expand Methodist Healthcare’s urgent care operations, which is currently comprised of six clinics. The agreement includes the following six FastMed clinics and eight MedPost locations:
|
UCC Name |
Street |
City/State |
|---|---|---|
|
Cibolo |
513 Cibolo Valley Drive, Suite 101 |
Cibolo, TX |
|
Converse |
8380 FM 78 |
Converse, TX |
|
New Braunfels |
160 Creekside Way, Suite 602 |
New Braunfels, TX |
|
Bandera Road |
9234 N Loop 1604, Suite 110 |
San Antonio, TX |
|
Deerfield |
16601 Huebner Road |
San Antonio, TX |
|
McCreless |
4130 New Braunfels Avenue, Suite 112 |
San Antonio, TX |
|
Nacogdoches Road |
13909 Nacogdoches Road, Suite 111 |
San Antonio, TX |
|
Potranco Road |
9230 Potranco Road, Suite 108 |
San Antonio, TX |
|
San Pedro Avenue |
6841 San Pedro Avenue |
San Antonio, TX |
|
Stone Oak Parkway |
20210 Stone Oak Parkway, Suite 101 |
San Antonio, TX |
|
Thousand Oaks |
2951 Thousand Oaks, Suite 104 |
San Antonio, TX |
|
West Hildebrand |
115 Angeles Drive, Suite 103 |
San Antonio, TX |
|
Seguin |
1347 East Court Street, Suite 1347 |
Seguin, TX |
|
Kitty Hawk Road |
902 Kitty Hawk Road, Suite 110 |
Universal City, TX |
“Our mission of serving humanity to honor God by providing exceptional and cost-effective health care, accessible to all is at the forefront of everything we do,” said Dan Miller, president and CEO of Methodist Healthcare. “Making it easier for communities to connect with the Methodist-quality care they deserve is just one example of that.”
Dr. Michael Lane, chairman of the Methodist Healthcare Board of Governors agrees.
“The Methodist Healthcare Board approval of these fourteen Urgent Care Centers was an easy decision based on San Antonio’s rapid growth rate. Our expected 5-year growth rate is 5.2%, representing 138,470 new lives in this community. As the leading provider of health care in South Texas, we are obligated to keep up with the growth and health care needs of our patients and that includes expanding access points across the city, and beyond.”
The System’s half-owner, HCA Healthcare, also announced today the agreement to purchase urgent care centers across Texas with nine in Dallas, 10 in Austin, three in Houston, and five in El Paso. The acquisition positions HCA Healthcare as one of the nation’s leading providers of urgent care, now operating more than 270 locations in over 20 markets.
This transaction is expected to close this summer. Terms of the agreement were not disclosed.