USMD Holdings Buys 18% Stake In USMD Hospital At Arlington

(RTTNews) - USMD Holdings Inc. (USMD), Monday said it acquired a 18 percent stake in USMD Hospital at Arlington from a group of individual physicians and physician-owned entities.

This acquisition increases USMD's ownership in USMD Hospital at Arlington to 45.4 percent. Texas Health Resources will retain its 51 percent ownership interest in the hospital.

"The transition of ownership at USMD Hospital at Arlington has been in development for years and we're excited to finalize this transaction and increase USMD's ownership in the hospital," said John House, chairman and chief executive officer of USMD Holdings. "This gives the hospital the opportunity to increase its service offerings even further to better meet the needs of the Arlington community."