Goldman Sachs Alternatives recently announced its acquisition of Xpress Wellness, LLC. Xpress Wellness is affiliated with a physician-led rural healthcare platform that includes urgent care clinics serving Oklahoma, Kansas, and Texas. The deal is positioned to accelerate the development of new and existing markets as well as to build out additional healthcare services, according to a press release. Recent moves: Within the portfolio of Latticework Capital Management since 2018, Xpress Wellness opened 30 de novos …
Read MoreXpress Wellness Expands Footprint in Texas With Affordacare Deal
Xpress Wellness has acquired 3 new urgent care clinic locations in Wichita Falls, Granbury, and Stephenville, Texas, according to the company press release. The Affordacare Urgent Care clinics now added to its portfolio will be rebranded under the Integrity Urgent Care flag starting next month. Integrity Urgent Care clinics also offer occupational medicine services and virtual care options. Larger portfolio: With this transaction, Xpress Wellness now operates 58 clinics across Texas, Oklahoma, and Kansas. See …
Read MoreExperCARE Adds New Market With MedCenter Urgent Care Deal
Earlier this month, ExperCARE announced its acquisition of MedCenter Urgent Care, adding several new locations to ExperCARE’s portfolio, while extending its reach into Alabama for the first time. Founded in 2002, MedCenter Urgent Care offers urgent care as well as family medicine. Backed by Seven Hills Capital since September of 2022, ExperCARE operates 7 other locations throughout the greater Savannah, Georgia, area. Acquisition deals: This transaction represents a follow-on urgent care asset for Seven Hills. …
Read MoreMeet the New Urgent Care Boss—Not the Same as the Old Boss
Back in the day, you probably would have been right to assume that the closest urgent care center was founded, owned, and run by a physician. Many other practices (primary care, pediatric…) would have been the same. Well, times have changed in a big way. The mavericks who simply wanted to find a better, more sensible way of practicing medicine and wound up creating a new industry are now employees of national and regional health …
Read MoreSmall Urgent Care Centers Have Bargaining Power, Too
Large healthcare organizations may have advantages when it comes to negotiating acquisitions of smaller urgent care centers, but with the right approach smaller operators can narrow the gap and do quite well for themselves. That’s the key message an article published in Becker’s Hospital Review. Quoting an expert from a mergers-and-acquisitions (M&A) advisory firm, the article offers the following five steps urgent care centers can take when negotiating: Make time for preparation.That means fully evaluating …
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