Adeptus Health And Texas Health Resources Join Hands To Boost Access To Emergency Medical Care

Adeptus Health Inc ADPT and Texas Health Resources disclosed Wednesday that they have joined hands together to lift accessibility to high quality, convenient emergency medical care in the Dallas-Fort Worth area. According to the companies, the joint venture would enable Adeptus Health's 27 freestanding First Choice Emergency Rooms in North Texas, and its First Texas Hospital in Carrollton, to become aligned with Texas Health, which was made up of 25 acute-care and short-stay hospitals in North Texas. The company's Chairman and CEO, Thomas Hall, commented about the joint venture and said that "This innovative venture between two leading health care systems is an important step in fulfilling our mission to expand access to the highest-quality medical care in the communities we and our partners serve. We look forward to working with Texas Health to further improve access and the continuum of care for patients in the Dallas-Fort Worth area." Similarly, Texas Health Resources CEO, Barclay Berdan, said, "This relationship with Adeptus Health allows Texas Health to offer North Texans more choices when it comes to their emergency needs. Expanding our footprint in the region is about making it easier for consumers to find quality, convenient care close to home. And we think a great way to do that is to work with Adeptus, the country's leading freestanding emergency care company." The two companies indicated that the JV would allow Texas Health's hospitals network and outpatient centers to grow significantly as it serve over seven million residents in 16 nations in and around Dallas-Fort Worth. The addition of 27 freestanding emergency departments, as well as, the Carrollton hospital, enabled Texas Health to have over 370 points of access. That included hospital, outpatient centers, doctors' offices and imaging centers. The two companies indicated that they were responding to the changing consumer demands as the population has grown in the region. Shares of the company traded 1.6% higher on Tuesday.