HCA, Tenet Invest More Than $10.7B in Expansion

Two of the largest for-profit hospital operators — HCA Healthcare and Tenet Healthcare — are making major investments in expansion, Becker’s reports. 

Nashville, Tenn.-based HCA plans to expand its 45-hospital footprint in Texas by building five more.

HCA has invested about $6.6 billion to grow its presence in Texas over the last five years. HCA has 47 hospitals in Florida and plans to start building three more this year. 

Dallas-based Tenet Healthcare and its subsidiary United Surgical Partners International completed their acquisition of Towson, Md.-based SurgCenter Development in December. Tenet paid $1.1 billion to acquire SurgCenter Development’s ownership interests in 86 ambulatory surgery centers and related services. Read more.

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