HonorHealth and FastMed Urgent Care announce that they have formed a joint venture to operate all 30 of FastMed’s Arizona-based clinics in the Phoenix and Tucson areas. These clinics provide urgent care and occupational health services, in person and via telemedicine, and will be clinically integrated with HonorHealth’s five acute-care hospitals, physician practices, outpatient surgery centers and other network services.
HonorHealth and FastMed share a common goal to deliver high-quality, convenient and affordable care. The new partnership enables both organizations to capitalize on each other’s strengths by combining HonorHealth’s primary, secondary and tertiary care presence in the Phoenix metropolitan area with FastMed’s retail presence in the Phoenix and Tucson areas.
“We are committed to investing in our communities as we strive to improve the health and well-being of those we serve,” said Todd LaPorte, CEO, HonorHealth. “By partnering with FastMed, our patients will have increased access to urgent care and occupational health services that are closer to where they live and work.”
“We are excited about our new partnership with HonorHealth because it will give our Arizona patients seamless access to higher levels of care when this is required,” said Web Golinkin, CEO of FastMed. “We must be part of the local healthcare ecosystem in order to provide maximum value to both patients and third-party payers, and we are proud to have achieved this through our partnership with HonorHealth.”
FastMed is the only independent urgent care operator in Arizona to hold The Joint Commission’s Gold Seal of Approval® for healthcare quality, safety and infection control. FastMed is also the first urgent care operator in the nation to implement the Epic electronic medical record (EMR) system. HonorHealth also uses Epic as their EMR, which will allow for better care coordination between the two organizations.
The seven existing HonorHealth Urgent Care locations, which will remain wholly owned and operated by HonorHealth, will continue to provide access to care and services to patients who live in those communities.
HonorHealth and FastMed will share ownership in the new venture, with FastMed managing day-to-day operations of the joint venture’s urgent care clinics and related services. Subject to regulatory approvals and other closing conditions, the transaction is expected to close in the fourth quarter of 2020.
