With the acquisition, HCA now owns more than 240 urgent care facilities.
BetterMed, based in Richmond, Va., sought a buyer to grow its presence in its current markets and outside, CEO Mark Johnson told the publication.
“We had gotten to a point where we doubled the size of the business from December 2018 to December 2019, going from six sites to 12 sites,” he said. “We felt there were opportunities to continue on an aggressive path, but would be better suited to take outside investment to get that done.”
HCA also brought on the chain’s medical and administrative staff through the deal. Mr. Johnson has chosen to step down as CEO of BetterMed.
Read more here.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.