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Hospitals

Spending Spree: Medical City Acquires Wise Health System and Sachse Hospital

Medical City Healthcare adds three facilities to its western flank and purchases a reportedly $41 million Sachse hospital out of bankruptcy.
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Wise County Courthouse Courtesy: iStock

Medical City Healthcare and its parent company, HCA Healthcare, are expanding east and west in North Texas with the recent acquisitions of the Wise Health System in Wise County, northwest of Fort Worth, and Trinity Regional Hospital Sachse in northeast Dallas County.

The new purchases widen Medical City’s footprint in North Texas. In addition to the recently added Wise County care sites, its facilities range from Rockwall to Weatherford and Anna to Burleson.

The moves will grow Medical City’s presence in the region to 19 inpatient hospitals. The local system is part of HCA Healthcare, the largest hospital system in the country. Three Wise Health System facilities will be renamed. Wise Health East and West Campuses will now be called Medical City Decatur, Wise Health Surgical Hospital at Argyle will now be Medical City Argyle (a campus of Medical City Denton), and Wise Health Surgical Hospital at Parkway will be Medical City Surgical Hospital | Alliance (a campus of Medical City Alliance. The Sachse hospital has yet to receive a name.

“Building on our legacy of compassionate care, joining Medical City Healthcare is a crucial, proactive measure to ensure our future,” says Carey Williams, chairman of the governing board of Wise Health System. “As part of Medical City Healthcare, I am confident our hospitals will continue to provide outstanding care to our Wise County community and patients for years to come.”

The Wise Health System was formed by the public Decatur Hospital Authority, which established Decatur Community Hospital. It opened in 1974 with 50 patient beds and two operating rooms and later became known as the Wise Health System. It now serves residents in five counties in North Texas and is Wise County’s largest employer. In 2016, the system broke ground on the surgical hospital in Argyle, bringing six surgical suites and a dozen patient beds to the community. The Dallas Morning News reported in January that the two sides were in talks about the deal.

“We are very pleased to expand our circle of care to Wise County,” says Medical City Healthcare President Allen Harrison. “As part of HCA Healthcare, these facilities will now have access to best practices from more than 180 affiliated hospitals, which means more solutions, more medical advances, and more possibilities to provide exceptional care to every patient who walks through the doors.”

Bloomberg Law first reported that HCA would be purchasing bankrupt Trinity Regional Hospital Sachse for $41 million in an acquisition that is expected to close by the end of January. An auction for the 32-bed acute care facility was held in November, and a bankruptcy judge approved the sale on Nov. 29. The hospital filed for bankruptcy in August and defaulted on $70 million in municipal bonds in 2020.

“The opportunity to purchase Trinity Regional Hospital Sachse is expected to enhance and expand our circle of care while also providing stable hospital operations in North Texas. Additional details will be disclosed pending the purchase closure, anticipated at the end of January,” read a statement from Medical City Healthcare.

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Will Maddox

Will Maddox

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Will is the senior editor for D CEO magazine and the editor of D CEO Healthcare. He's written about healthcare…

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