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The urgent care industry is undergoing a fundamental shift as insurers tighten networks, reduce reimbursement, and reassess which providers remain in-network. This in-depth report examines why urgent care network terminations are accelerating, which states are most affected, how owners and investors are being impacted, and what patients often discover only when it’s too late. Backed by regulatory data and real-world trends, this analysis reveals the new reality shaping urgent care in 2025 and beyond.