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December 18, 2018

Around the nation: Urgent care providers Fast Med, NextCare to merge

Daily Briefing

    According to Healthcare Finance News, the deal would create one of the latest urgent care provider systems in the United States, in today's bite-sized hospital and health industry news from Arizona, North Carolina, Tennessee, and Wisconsin.

    • Arizona/North Carolina: Urgent care providers FastMed Urgent Care and NextCare Holdings last week announced that they plan to merge. According to Healthcare Finance News, the deal would create one of the latest urgent care provider systems in the United States. The company would have 251 clinics across 10 states. Under the deal, FastMed's parent company, Urgent Care Holdings of America, would acquire 100% of NextCare Holdings. The deal is expected to close within 60 days. The merger is subject to regulatory approval (Jones Sanborn, Healthcare Finance News, 12/13).

    • Tennessee: Tennova Healthcare has named Matthew Littlejohn CEO of Newport Medical Center, effective Jan. 2, 2019. Littlejohn is currently assistant CEO of Tennova's North Knoxville Medical Center (Vaidya, Becker's Hospital Review, 12/14).

    • Wisconsin: Kimberly-Clark last week announced a voluntary recall of several lots of Kotex tampons. The lots were recalled due to a defect that causes the product to unravel when it's removed and possibly leave pieces in consumers' bodies, according to the company. The recall applies to U by Kotex Sleek Tampons, regular absorbency, which were made between Oct. 7, 2016, and Oct. 16, 2018, and distributed between Oct. 17, 2016, and Oct. 23, 2018, according to Kimberly Clark (Garcia, New York Times, 12/16).

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