HonorHealth, a leading Valley healthcare system serving more than five million people in the greater Phoenix and Scottsdale area, announced it has signed an agreement to purchase the remaining interest in 26 urgent care centers in Arizona from FastMed. These urgent cares are currently operated under a joint venture relationship between FastMed and HonorHealth.
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“HonorHealth is committed to delivering high-quality, accessible care,” said Todd LaPorte, CEO, HonorHealth. “Through this acquisition, our patients will continue to have increased access to urgent care services that are closer to where they live and work. 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.”
HonorHealth already independently operates seven Urgent Care locations throughout the Valley and will continue to invest in healthcare services to meet the needs of growing communities in Arizona. These newly acquired FastMed locations will expand HonorHealth’s wholly owned urgent care operations across Maricopa County, and they will operate under the name HonorHealth Urgent Care.
This transaction is expected to close this summer. Terms of the agreement were not disclosed.