July 12, 2017
HCA Announces Agreement to Acquire Texas Hospital from Community Health Systems
Nashville, Tenn., July 11, 2017 – HCA Healthcare (NYSE: HCA), which operates 174 hospitals, 119 freestanding surgery centers, and numerous other outpatient centers in 20 states and the United Kingdom, today announced an agreement to acquire Weatherford Regional Medical Center outside Fort Worth, Texas, from subsidiaries of Community Health Systems, Inc.
Upon completion of the transaction, Weatherford Regional Medical Center, a 103-bed hospital about 30 miles west of Fort Worth, would become part of HCA’s Medical City Healthcare in the Dallas-Fort Worth Metroplex.
“Weatherford Regional has a longstanding tradition of caring for its community and will complement our existing provider network in North Texas,” said Sam Hazen, president and chief operating officer of HCA. “The addition of Weatherford Regional to our Medical City Healthcare family will help us improve patient access in the Fort Worth area.”
With 13 hospitals, more than 7,000 active physicians and 14,000 employees in Dallas-Fort Worth, HCA’s Medical City Healthcare is one of the North Texas region’s largest and most comprehensive health care provider networks. Three Medical City Healthcare hospitals are accredited comprehensive stroke centers, and five hospitals hold the prestigious Magnet Recognized® status from the American Nurses Association.
The transaction, which is subject to regulatory approvals and other closing conditions, is expected to close by the fall of 2017.
About HCA Healthcare
Nashville-based HCA Healthcare is one of the nation's leading providers of healthcare services, operating 174 locally managed hospitals and 119 freestanding surgery centers in 20 states and the United Kingdom. With its founding in 1968, HCA created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. HCA has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44 percent. HCA is a learning healthcare system that uses its more than 27 million annual patient encounters to advance science, improve patient care and save lives. Please click here to connect with HCA on social media.
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