The acquisition is part of the hospital operator’s recent string of physician-owned hospital purchases. Growth of physician-owned hospitals is severely limited under the healthcare reform law, causing some owners to consider selling their facilities. Last Year, HCA-owned systems acquired MedCath’s interests in Texsan Heart Hospital in San Antonio as Heart Hospital of Austin.
According to Avondale Partners analyst Kemp Dolliver, HCA will continue to target physician-owned hospitals for acquisitions. He estimates 20 physician-owned hospitals are located in HCA’s markets, according to the report.
Read the Nashville Post report on HCA.
Related Articles on HCA:
MedCath Completes Sale of Texsan Heart Hospital to San Antonio Health System
MedCath Completes Sale of Heart Hospital of Austin to St. David’s
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