USPI to offload urgent care platform in 2021

On the heels of a $1.1 billion deal to acquire up to 45 ASCs from SurgCenter Development, Tenet Healthcare is planning to sell its urgent care platform in the first quarter of 2021.

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Dallas-based Tenet will sell its urgent care platform to FastMed Urgent Care, the companies announced Dec. 18. FastMed Urgent Care has more than 100 walk-in locations throughout Arizona, North Carolina and Texas.

Under the deal, FastMed Urgent Care will gain 87 centers primarily located in Florida and California that are operated under the CareSpot and MedPost brands.

Tenet’s Addison, Texas-based subsidiary, United Surgical Partners International, currently operates the urgent care platform being sold. It is the same entity charged with operating the ASCs being acquired from Towson, Md.-based SurgCenter Development by the end of 2020.

More articles on surgery centers:
New ASCs in 2020: A state-by-state breakdown
GI Alliance expands into Mississippi, acquires GI Associates
The biggest roadblocks in 2021: 7 ASC leaders share their predictions

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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