HCA Holdings has a lot of money to shop with—a $2.9 billion capital budget, to be exact—and is planning on using a good chunk of it to buy a bigger portion of the urgent care marketplace. Known more as a hospital company, it expects to grow its urgent care business by 67% this year, from its current 72 clinics to 120 between now and December. It will also invest more heavily in the freestanding emergency room arena. HCA will focus on 14 major markets, unnamed by the company during a recent conference call with industry analysts.
HCA Looks to Expand Urgent Care Presence in 2017