Baylor Health Care System, Scott & White to Merge
"What we realized is [we are] two very like-minded organizations. Like-minded in our commitment to our mission, our vision, our values, our commitment to patient care and to access to care for all," he said.
Baylor is the most preferred hospital in the 12-county Dallas-Fort Worth metropolitan area. It recently opened a $350 million cancer complex which includes a 467,000-square-foot outpatient facility and the area's first dedicated cancer hospital with 96 beds.
Scott & White is 126-year old physician-owned healthcare system. It has access to 12-hospitals, and with more than 1,100 physicians on staff, is one of the largest group practices in the country. Scott & White also runs a health plan with over 240,000 members.
The merger will result in the largest nonprofit system in Texas with:
- 42 hospitals
- 350 patient care sites
- 4,000 doctors
- 34,000 employees
- Healthcare Leaders Seek Strategic Sweet Spot
- 3 Reasons Wellness Programs Fail
- CMS Issues Health Insurance Exchange Proposed Rules
- Patients Shoulder Nearly 25% of Medical Bills
- ACOs Widespread, Yet Challenged
- MGMA: Physician Compensation Increasingly Based on Quality Measures
- HFMA: Patient Financial Interaction Guidelines Sharpened
- HFMA: Revenue Cycle, Reimbursements Share the Spotlight
- Evidence-Based Practice and Nursing Research: Avoiding Confusion
- 6 CNO-to-CEO Strategies