HCA (NYSE: HCA), which operates 171 hospitals, 119 freestanding surgery
centers, and numerous other outpatient centers in 20 states and the
United Kingdom, today announced agreements to acquire two Texas
hospitals from subsidiaries of Community Health Systems.
The two hospitals are Tomball Regional Medical Center, a 350-bed
hospital in the Houston area, and South Texas Regional Medical Center, a
67-bed hospital in Jourdanton, Texas, south of San Antonio. HCA has a
strong presence in both areas. South Texas Regional Medical Center will
be acquired through HCA’s partnership with Methodist Healthcare
Ministries.
“Tomball Regional and South Texas Regional will fit in nicely with our
provider systems in both Houston and San Antonio,” said Sam Hazen,
president and chief operating officer of HCA. “The addition of these two
hospitals will enhance our ability to meet the medical needs in both
areas and improve patient access to our provider networks.”
In San Antonio, HCA co-owns Methodist Healthcare System of San Antonio,
Ltd., L.L.P., in a partnership with Methodist Healthcare Ministries. It
includes eight hospitals and two freestanding ERs. In Houston, HCA has a
comprehensive network of 10 hospitals, eight surgery centers, and two
freestanding ERs.
The transaction, which is subject to regulatory approval, is expected to
close in the summer of 2017.
About HCA
Nashville-based HCA is one of the nation's leading providers of
healthcare services, operating 171 locally managed hospitals and 119
freestanding surgery centers in 20 states and the United Kingdom. With
its founding in 1968, HCA created a new model for hospital care in the
United States, using combined resources to strengthen hospitals, deliver
patient-focused care and improve the practice of medicine. HCA has
conducted a number of clinical studies, including one that demonstrated
that full-term delivery is healthier than early elective delivery of
babies and another that identified a clinical protocol that can reduce
bloodstream infections in ICU patients by 44 percent. HCA is a learning
healthcare system that uses its more than 27 million annual patient
encounters to advance science, improve patient care and save lives.
Forward-Looking Statements
This press release contains forward-looking statements within the
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uncertainties. Forward-looking statements include statements that do not
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could significantly affect current plans and expectations and our future
financial position and results of operations. These factors include, but
are not limited to, the ability to consummate and realize the benefits
of the proposed acquisition as well as the risk factors described in our
annual report on Form 10-K for the year ended December 31, 2016 and our
other filings with the Securities and Exchange Commission. Many of the
factors that will determine our future results are beyond our ability to
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make any other forward-looking statements, whether as a result of new
information, future events or otherwise.
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document refer to HCA Holdings, Inc. and its affiliates.
HCA
Investor Contact:
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or
Media Contact:
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