HCA Acquires Four Houston Hospitals, Adding 1,400 Beds in Southeast Texas

Park Plaza Hospital, located adjacent to Hermann Park in Houston, is being acquired by the HCA hospital firm.

HOUSTON — HCA has reached agreements to acquire three hospitals in Houston from Tenet Healthcare and an additional hospital in the Houston area from Community Health Systems.

Once the transactions close, HCA, based in Nashville, will add 1,398 beds to its Houston-area network.

The Tenet agreement covers Houston Northwest Medical Center, a 423-bed facility; Cypress Fairbanks Medical Center Hospital, with 181 beds; and Park Plaza Hospital, which has 444 beds.

“Adding these hospitals strengthens our ability to serve patients in a growing segment of the Greater Houston market,” said Sam Hazen, president and chief operating officer of HCA.

Separately, HCA announced it is acquiring two Texas hospitals from Community Health Systems. Those facilities are Tomball Regional Medical Center, a 350-bed hospital near Houston, and South Texas Regional Medical Center, a 67-bed hospital in Jourdanton, south of San Antonio. The South Texas Regional Medical Center acquisition will be completed through HCA’s partnership with Methodist Healthcare Ministries.

HCA’s current Houston footprint includes 10 hospitals, eight surgery centers, two freestanding emergency rooms and 10 imaging centers. Nationwide and abroad, HCA operates a network that includes 171 hospitals, 119 freestanding surgery centers and numerous outpatient facilities across 20 states and the United Kingdom.

May 2, 2017 Realty News Report Copyright 2017