Forest Park gets new owners, reinvestment HCA North Texas bought Forest Park Medical Center in February and changed the name to Medical City Frisco.[/caption]

What we reported Forest Park Medical Center started the year in bankruptcy. In February the facility in Frisco Square sold for about $96 million to HCA North Texas. HCA North Texas is now Medical City Healthcare, which owns Medical Center of Plano. In December, a U.S. attorney announced the indictment of 21 hospital founders, investors and others affiliated with FPMC who had been charged with felony offenses related to the payment and receipt of about $40 million in bribes and kickbacks for referring patients to FPMC.

The latest The facility’s new ownership is investing $41 million to expand the Medical City Frisco emergency room, add a cardiac catheterization lab and add a dedicated women’s services unit.

What’s next Medical City Healthcare has bought a 5-acre tract of land north of the 54-bed hospital for future expansion. The land is zoned for a building with a maximum of 15 stories.


This story is one update from The January Issue. View the full list of 10 things to look for in 2017 here.