Home Private Equity Texas MedClinic sold to national urgent care provider

Texas MedClinic sold to national urgent care provider

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San Antonio-based urgent care pioneer Texas MedClinic has been sold to a national urgent care provider, but the name will remain the same.

The buyer is Community Care Partners — which operates 90 clinics under the BestMed, SouthStar Urgent Care and Coastal Urgent Care brands in Oregon, Washington, Montana, Colorado, Wyoming, Louisiana and Texas — and is part of the health care portfolio of Shore Capital Partners, a Chicago-based private equity firm.

Texas MedClinic did not disclose financial details of the sale.

All of Texas MedClinic’s 20 walk-in urgent care and occupational health clinics will remain open across the city and in Austin. The facilities are equipped to treat common illnesses and minor bone breaks, as well as perform drug tests, lab tests, immunizations, immigration exams and minor surgical procedures such as stitching.

Texas MedClinic continues to be a major tester throughout the COVID-19 pandemic.

“What started 40 years ago at our first clinic on Blanco Road has grown into an operation that supports nearly 600 employees and serves hundreds of thousands of patients annually,” Texas MedClinic founder Dr. Bernard “Buddy” Swift said in a statement on Monday.

“We have been searching for the right partner to help us continue our growth, serving our employees and our patients, and Community Care Partners was the right fit,” he said. “We share a mission and vision of what urgent care medicine should be in our communities.”

Swift will be on Community Care Partners’ board, while Texas MedClinic partner and Chief Operating Officer Dr. David Gude will serve in a medical operations oversight capacity during the transition and as a contracted resource in the future.

Community Care Partners CEO Jim Ashby said in a statement that Swift did “a great job leading Texas MedClinic with strategic vision, steady growth and tremendous perseverance and service throughout the pandemic.”

Ashby said the partnership will bolster Texas MedClinic’s continued growth in new communities.

laura.garcia@express-news.net

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