Ardent Health has acquired 18 facilities from urgent care provider NextCare, following through on its plan to expand its urgent and ambulatory care presence.
The for-profit health system, which went public in July, said Friday it acquired six facilities in New Mexico and 12 in Oklahoma. Financial details and terms of the agreement were not disclosed.
Related: Ardent Health looking at urgent care acquisitions post-IPO
An Ardent spokesperson said the deal was part of a larger growth strategy and the system planned to acquire more ambulatory facilities.
NextCare did not immediately respond to a request for comment.
The New Mexico facilities will operate under Lovelace Health System in Albuquerque, an Ardent subsidiary. Hillcrest Health System, another subsidiary of Ardent based in Tulsa, will operate the Oklahoma clinics. Employees at all 18 locations will be employed by Ardent.
Brentwood, Tennessee-based Ardent completed its initial public offering in July, raising $192 million.
On the company's first post-IPO earnings call with financial analysts, CEO Marty Bonick said Ardent was "actively evaluating" deals regarding urgent care centers, ambulatory surgery centers, freestanding emergency rooms and physician clinics.
