Monday , 21 May 2018

Baylor Health Care, Scott & White Complete Merger

baylor_logo baylor scott and whiteThis week we have reached an historic milestone. Baylor Health Care System and Scott & White Healthcare have officially formed the largest not-for-profit health care system in the state of Texas: Baylor Scott & White Health.
As change comes to every U.S. hospital, we have taken the future into our own hands to create a model system for a dramatically changing health care environment. Together, our two organizations are stronger and better positioned for the challenges and opportunities in the future of health care. The groundwork of the merger has been accomplished over the past 10 months, but there is still much work ahead as we continue to learn from each other and come together as one.
Our combined service area now covers an area larger than the state of Virginia with an opportunity to serve a population of more than eight million people. By combining our geographic diversity and reputations for clinical excellence, we will meet the challenges and opportunities of health care reform, the changing needs of patients and providers, and the extraordinary advances we are making in clinical care.
I am both humbled and enthusiastic to become chief executive officer of the new parent and service companies.  Robert Pryor, MD, president and chief executive officer of Scott & White Healthcare, is president, chief operating officer and chief medical officer of the new parent company and president of the new service company. Gary Brock, chief operating officer of Baylor, is now president and chief operating officer of the Baylor Health Care System. Baylor Scott & White Health is based in Dallas and Baylor Scott & White Health Service company is based in Temple. The service company supports the new organization’s facilities by providing corporate functions such as human resources, marketing and information technology.
Over time, Baylor Scott & White Health will become a nationally recognized brand for excellence in patient and community health. Our new brand will gradually emerge in a financially responsible way, so for a while you will continue to see the “Baylor” name and the “Scott & White” name as we transition to “Baylor Scott & White Health.” Beginning soon, you will notice a short advertising campaign to introduce the new organization to our communities.
I invite you to watch this video to find out more about our new system.
Editor’s Note: According to the Dallas Morning News, the merger forms a company with more than $8 billion in assets and about $6 billion in annual revenue. Baylor has a hospital in McKinney.
Story submitted by  Joel Allison, Chief Executive Officer, Baylor Scott & White Health

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