Community Health Systems' Northwest Healthcare acquired 10 urgent care centers in Arizona from Carbon Health.
The transaction grows Northwest's network across the Tucson, Arizona, area to more than 80 care sites, according to a Monday news release. One of the 10 centers was not in operation when the deal closed and is awaiting a certificate of occupancy from the state of Arizona, a CHS spokesperson said.
Related: Community Health Systems subsidiary to buy 10 urgent care centers
Financial details of the deal were not disclosed.
A spokesperson for San Francisco-based Carbon Health said the decision to sell the urgent care centers was made after careful consideration and aligns with the company's focus on growth and stability.
Northwest said in the release it has invested about $200 million in growth and capital projects in the Tucson area over the past five years, including opening Northwest Medical Center Sahuarita in 2020 and Northwest Medical Center Houghton in 2022. The Northwest system had more than 845,000 patient encounters in 2023, the release said.
Franklin, Tennessee-based CHS operates 70 hospitals and more than 1,000 care sites across 15 states. The for-profit has sought to sell off more than $1 billion in facilities in recent months to improve its financial standing. Most recently, CHS signed a definitive agreement in November to sell Florida-based ShorePoint Health System to AdventHealth for $265 million.
CHS reported a $391 million net loss, or $2.95 per diluted share, in the third quarter, compared with a $91 million loss, or 69 cents per share, in the year-ago period.
