Arlington hospital, physician groups merge
Irving-based USMD Holdings Inc. has been formed with the merger of USMD Inc., Medical Clinic of North Texas, Urology Associates of North Texas and Impel Management Services. The organization describes its goal as the creation of "an innovative integrated health system led by physicians." The participating groups have relationships dating to at least 2003, when Urology Associates acquired a stake in Arlington Memorial South Medical Center, which was renamed USMD Surgical Hospital of Arlington. USMD Inc. also operates USMD-Fort Worth hospital and has cancer treatment centers and lithotripsy centers, which treat kidney stones. Medical Clinic of North Texas is a large multi-specialty physicians' group practice with 42 clinics, according to its website. Impel, a management consultant to physicians, had previously discussed merging with Medical Clinic of North Texas.
According to a prepared release, USMD Holdings combines 240 physicians and their associates in 62 North Texas facilities, the two Tarrant hospitals, and cancer and kidney treatment centers in 10 states.
-- Jim Fuquay