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HCA Buying Four Houston Hospitals to Add 1,400 Beds to Southeast Texas Portfolio

by Realty News ReportMay 2, 2017
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Park Plaza Hospital, located adjacent to Hermann Park in Houston, is being acquired by the HCA hospital firm.
Park Plaza Hospital, located adjacent to Hermann Park in Houston, is being acquired by the HCA hospital firm.

HOUSTON – HCA has agreed to purchase three hospitals in Houston from Tenet Healthcare and another Houston-area hospital from Community Health Systems.

The deals will give the Nashville-based HCA an additional 1,398 beds in the Houston area.

The agreement with Tenet includes 423-bed Houston Northwest Medical Center, 181-bed Cypress Fairbanks Medical Center Hospital and 444-bed Park Plaza Hospital.

“The addition of these hospitals will help us expand our network to serve patients in a growing part of the Greater Houston market,” said Sam Hazen, president and chief operating officer of HCA.

In a separate deal announced Monday, HCA announced it is acquiring two additional Texas hospitals from 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. South Texas Regional Medical Center will be acquired through HCA’s partnership with Methodist Healthcare Ministries.

HCA’s healthcare network in Houston currently includes 10 hospitals, eight surgery centers, two freestanding ERs and 10 imaging centers. Throughout its network, HCA operates 171 hospitals, 119 freestanding surgery centers, and numerous other outpatient centers in 20 states and the United Kingdom.

May 2, 2017 Realty News Report Copyright 2017

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