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Health Care
HonorHealth to buy 26 urgent care centers from FastMed
Sites were part of joint venture between the two
This urgent care in Anthem is one of 26 being bought from FastMed by HonorHealth. The urgent cares were part of a joint partnership between the two health care groups. (Provided by HonorHealth)
Posted
HonorHealth has come to an agreement to buy out the remaining interest in 26 urgent care centers in Arizona from FastMed.
Financial terms of the deal were not disclosed. Scottsdale-based HonorHealth and FastMed operated the urgent cares under a joint venture.
“Through this acquisition, our patients will continue to have increased access to urgent care services that are closer to where they live and work," said Todd LaPorte, CEO of HonorHealth, in a statement. "Now those services will be more tightly aligned and integrated with HonorHealth’s six acute-care hospitals, physician practices, outpatient surgery centers and other network services.”
HonorHealth independently operates seven Urgent Care locations throughout the Valley, and company officials said it will continue to invest in health care services to meet the needs of growing communities in Arizona.
These newly acquired FastMed locations will expand HonorHealth’s wholly owned urgent care operations across Maricopa County, and they will operate under the name HonorHealth Urgent Care.
This transaction is expected to close this summer.
