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HonorHealth acquires FastMed's stake in 26 urgent care centers in Arizona

por John R. Fischer, Senior Reporter | July 19, 2023
Business Affairs Emergency Medicine
HonorHealth is acquiring FastMed's stake in 26 urgent care centers in Arizona.
HonorHealth, a healthcare system serving over five million patients in the greater Phoenix and Scottsdale areas of Arizona, is buying out FastMed’s stake in the 26 urgent care centers they co-operate together.

Full control of the clinics will expand HonorHealth’s presence across Maricopa County, bringing care closer to where its patients live and work.

The centers will be rebranded as HonorHealth Urgent Care, and will operate alongside the healthcare system’s seven other independent urgent care locations across the Phoenix metropolitan areas (“the Valley”).

“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,” said HonorHealth CEO Todd LaPorte in a statement.

The healthcare system employs approximately 13,700 team members, and has 3,700 affiliated providers and nearly 800 volunteers.

Earlier this year, HonorHealth began expanding its HonorHealth Deer Valley Medical Center, adding patient beds and operating rooms, and expanding key support departments. It also broke ground in December on the HonorHealth Medical Campus at Pima Center, which will be its wellness campus for outpatient care, fitness, nutrition, and other preventive health services.

Additionally, the HonorHealth Research Institute, which conducts clinical trials on therapies, drugs and devices developed at the healthcare system, became the first healthcare provider in Arizona to utilize an advanced radiation protection system to diagnose and treat heart disease.

The deal is expected to close this summer.

Financial details were not disclosed.

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