Journal of Urgent Care Medicine

Private Equity Ownership in Urgent Care By Number of Centers, 2024

Citation: Ayers A. Private Equity Ownership in Urgent Care By Number of Centers, 2024. J Urgent Care Med. 2024; 18(7):33-34 Although private equity started nibbling on urgent care as far back as 2007, its full investment push kicked off with the 2010 acquisitions and scaling of NextCare, MedExpress, and FastMed. Since that time, some regional platforms like Physicians Immediate Care, MD Now, and PhysicianOne have completed the entire private equity investment lifecycle of acquisition, scaling, and final …

Why Does Start-Up Contracting Take So Long?

Heather Rothermel Consider this scenario: You’ve decided to open an urgent care center. You’ve secured funding, found the perfect location, hired amazing providers, created build-out plans to make it your own, and set a go-live date to open your doors to your community. Then you realize you haven’t started contracting and credentialing. In many markets, contracting and credentialing for a start-up can take 9 to 12 months or longer, and operators must consider this timeline …

Change Cyberattack: How to Get Your Advance Payment From Insurers

The Department of Health and Human Services (HHS) earlier this week posted a letter to healthcare providers acknowledging their cash flow disruptions resulting from the Change Healthcare cyberattack that crippled mission-critical eligibility and claims processes nationwide. Providers were collectively losing as much as $1 billion a day for several weeks while they waited for Change to rebuild and relaunch its systems, according to a report from Axios. HHS officials also offered a practical resource guide …

Primary Care Operator Buys 11 VillageMD Sites

Walgreens recently completed the sale of 11 VillageMD clinics in Rhode Island to Arches Medical Partners (AMP), based in Boston. The sale is part of Walgreens’ broader initiative to boost profitability by divesting VillageMD primary care locations, following a period of weak fourth-quarter earnings in 2023. This week, the company announced 160 VillageMD clinics have been slated for closure—100 more than previously announced. The company recently exited the Florida market entirely and this week announced …

Mild Winters Keep Ticks Biting

The potential for greater spread of harmful pathogens is yet another negative aspect of climate change that should be examined closely, according to infectious diseases experts in a recent JAMA article. Atmospheric changes are driving alterations in pathogens and parasites as temperatures rise and weather extremes persist, including severe heat, droughts, and wildfires. Authors found recent rises in vector-borne, zoonotic, fungal, and waterborne diseases they believe are the result of climate change. Conditions such as …

Comparing Urgent Care and Hospital Pneumonia Diagnoses

A retrospective study conducted across 28 urgent care clinics in Utah found an estimated rate of pneumonia overdiagnosis in urgent care clinics of 30%. The authors arrived at the estimate by examining a group of 7,214 patients’ pneumonia diagnoses recorded from January 2019 through December 2020 in the urgent care centers and comparing them with subsequent diagnoses in an emergency department (ED) or hospital. Of the urgent care patients who were later seen in an …

Health Systems Face Low Reimbursement, Higher Operating Costs

A recent survey of health system financial leaders by the Healthcare Financial Management Association examined the pain points executives are facing in a tough market that is characterized by higher operating costs and lower payer reimbursement. At the top of the list, 96% of the 135 system leaders polled say higher labor costs are putting downward pressure on margins, 84% say the same about lower payer reimbursement, and 47% say as much about higher supply …

Concentra Slated To Go Public in 2024

According to a press release from March 18, 2024, Concentra Group Holdings Parent Inc. has plans for the Concentra line of business to go public and has filed a confidential draft registration statement with the Securities and Exchange Commission. With centers in 41 states, Concentra is one of the largest urgent care and occupational medicine operators in the country. Previously, Select Medical Holdings announced its intent to pursue separation from Concentra, carving out 2 separate …

Taking the Distress Out of Needle Pokes

What’s worse: getting a vaccine or watching your child in distress when he or she gets a vaccine? For many parents, their own heartbreak when experiencing their child’s needle pain makes vaccines and blood draws that much more difficult for both. In time, as a news item from KFF Health News notes, the distress of needle pain can follow children as they grow, posing a barrier to preventive care into adulthood. As many as a …

CDC Releases Guide For Reducing Burnout

This week, the Centers for Disease Control and Prevention’s (CDC) National Institute for Occupational Safety and Health (NIOSH) released a guide meant to assist hospitals and provider organizations in reducing healthcare worker burnout. It offers step-by-step organizational-level actions that take into account the time, cost, and staff requirements necessary to implement new programs. CDC/NIOSH is hosting a webinar series next month to offer more insight on the application of the guide’s suggestions. The pilot-tested actions …