United Surgical Partners International Acquires CareSpot Express Healthcare
Dallas, Tx. – United Surgical Partners International (USPI), a joint venture between Tenet Healthcare (NYSE: THC) and Welsh Carson Anderson and Stowe, has acquired Brentwood, Tennessee-based CareSpot Express Healthcare, a regional urgent care provider, from Welsh Carson Anderson and Stowe. The acquisition adds 35 urgent care centers in Florida and Tennessee to USPI’s growing portfolio of outpatient centers, along with an experienced management team and strong urgent care operating platform.
CareSpot will operate as a division of USPI, managing its 35 urgent care centers and 46 MedPost Urgent Care locations owned by Tenet. All current locations will maintain their existing brand identity at this time.
This acquisition significantly expands USPI’s urgent care service line offering and advances its strategy to create a full line of ambulatory solutions for its health system partners. Over the last five years, CareSpot has invested heavily in information technology, training, and operational processes, creating a scalable model for developing and managing urgent care facilities. CareSpot also established a successful not-for-profit partnership model that complements USPI’s own partnership-based business model.
“CareSpot has a long history, considerable expertise, and significant capabilities as an urgent care operator,” said Kyle Burtnett, President of Ambulatory Services, USPI. “By adding CareSpot to USPI, we will bring industry-leading urgent care development and management services to our health system partners and create new opportunities to drive our future growth.”
Founded in 2001, CareSpot offers convenient locations with extended hours in most locations, including holidays and weekends and by appointment. In addition to general urgent care services, CareSpot facilities also offer on-site lab work and x-rays, and many locations can fill common prescriptions. CareSpot previously operated 53 urgent care locations, but divested 18 of their centers in Nashville and Kansas City, Kansas and Kansas City, Missouri in conjunction with this transaction.
About United Surgical Partners International
USPI is an ambulatory healthcare provider serving more than 9,000 physicians and partnering with over 50 not-for-profit health systems nationwide to deliver top tier care to their patients and to help grow their capabilities in the markets they serve. The company currently has ownership interests in or operates 269 ambulatory surgery facilities, 81 urgent care centers and 20 imaging centers. For more information, please visit www.uspi.com.