US-based independent primary care medical group Palm Medical Centers (PMC) has signed a definitive agreement to acquire two primary care practices in Fort Worth, US.
With this signing, PMC is expanding its care model into Texas.
The Texas business of PMC will operate under the Palm Primary Care Texas (Palm Texas) name.
Texas Family Medicine and Fort Worth Internal Medicine will be the first two clinics to launch the Palm Texas brand, with four primary care physicians and four advanced practice providers.
PMC CEO Fowad Choudhry said: “Palm Medical Centers has a proven track record of delivering high-quality, personalised primary care services with a focus on an elevated and streamlined patient experience.
“I’m honoured to be able to bring the Palm model to my hometown physicians of Fort Worth, where I’ve spent over 20 years of my career advocating for Medicare beneficiaries and partnering with local physicians.”
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Palm Texas’ corporate office will be located in Fort Worth, serving as a base for future expansion across Texas.
Texas Family Medicine founder Dr Brian Byrd said: “The ageing population in North Texas continues to increase at a blazingly rapid pace, and there is a need for additional high-quality physicians to provide our patients with a genuinely personalised patient experience.”
Operating 32 primary care centres in Florida, PMC seeks to grow its presence across North Texas through Palm Texas from the original two primary care centres to between eight and ten total clinic acquisitions and openings next year.
Earlier this year, PMC acquired Valley Medical Centers, a primary care practice with four medical centres in Florida for an undisclosed amount.