HonorHealth to acquire 26 urgent care centers from FastMed
Jul 12, 2023, 4:15 AM | Updated: 7:17 am
PHOENIX — Healthcare system HonorHealth has purchased 26 urgent care centers in Arizona from FastMed, the company announced Tuesday.
The centers are currently operated as a joint-venture relationship between the two companies.
“Through this acquisition, our patients will continue to have increased access to urgent care services that are closer to where they live and work,” CEO Todd LaPorte said in a press release.
“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.”
The deal, the terms of which were not disclosed, is expected to close at some point this summer.
There are already seven urgent care locations across the Valley that are independently operated by HonorHealh, which plans to continue investing in healthcare services to support the needs of a growing community.
The acquisition is the latest announcement from HonorHealth about expansion plans in the Valley.
In May, HonorHealth announced the groundbreaking for an advanced cardiovascular center in Scottsdale. The $60 million project is set to be fully operational in 2025.