HCA's urgent care boom
Becker's Healthcare July 18, 2023
Nashville, Tenn.-based HCA Healthcare has been ramping up its acquisition of urgent care facilities in recent years as care continues to move toward outpatient settings where there is an emphasis on lower costs, higher quality and more convenience for patients.
Gaps in primary care, high costs of emergency room visits and increased health system and private equity investment have also contributed to the growth of the urgent care market, which is projected to hit $48 billion in revenue this year, up 21 percent from 2019, according to IBISWorld.
Health systems also understand that urgent care is not going away and many are acquiring or partnering with urgent care groups to decrease market competition and act as a funnel for...