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.