Sherman, Texas-based HPSH is a physician-owned 12-bed hospital that provides inpatient and outpatient surgical services for almost all specialties, according to the press release.
Brown Gibbons Lang & Company served as the exclusive financial advisor to HPSH during the transaction.
THVG is a joint venture between United Surgical Partners International (USPI) and Baylor Scott & White Health (BSWH). The two Dallas-based companies are currently operating 25 ASCs and 10 surgical hospitals. Individually, USPI owns more than 260 short-stay facilities and BSWH is the largest not-for-profit healthcare system in Texas.
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.
