Blue Cross and Blue Shield of North Carolina has purchased all North Carolina locations of FastMed, a national chain of urgent care clinics.
The payer has also named Jim Moffett as FastMed’s CEO. He previously served as president of Trinity Health's Holy Cross Medical Group in Fort Lauderdale, Fla. and was president and CEO of AdventHealth's Medical Group before that.
FastMed offers preventive, telehealth, occupational health, primary and urgent care services at clinics across North Carolina, Arizona, Texas and Florida. In North Carolina, the company operates 55 facilities.
Blue Cross NC and FastMed will collaborate on and invest in ways to further enhance services at the clinics, and short-term plans include returning service operations to pre-pandemic levels, according to a Jan. 17 news release shared with Becker's.
Blue Cross NC has been a non-controlling minority investor in FastMed since 2012, and the company will continue to operate independently from Blue Cross. It will also continue to accept all patients, not just Blue Cross members.