TEMPLE (December 14, 2012)—Scott & White Healthcare in Temple and the Baylor Health Care System in Dallas announced Friday they have signed a letter of intent to create a $7.7 billion organization that would be the state’s largest non-for-profit health system.
Baylor Scott & White Health, which will be governed by a single board of directors, will include a total of 42 hospitals, more than 350 patient care sites, more than 4,000 active physicians, 34,000 employees and the Scott & White Health Plan.
The agreement should be finalized in 2013, the systems said in a press release Friday.
"Baylor has a century-long tradition of quality, innovation and service. And in this time of great change in the health care industry, Baylor is looking forward and preparing to once again lead by joining forces with Scott & White to create this new model of care," said Joel Allison, president and CEO, Baylor Health Care System.
"Our new organization will not only prepare us for health care reform but will help drive and shape what health care delivery in this country will become," says Robert Pryor, MD, president and CEO, Scott & White Healthcare.
"Scott & White has been recognized as a national leader for our strong physician-led population health model. Our shared vision with Baylor is to build upon our unique approach and create an innovative health care delivery model enhanced by medical education and research."
U.S. Rep. John Carter, R-Round Rock, whose district includes Temple, issued a statement late Friday afternoon congratulating Baylor and Scott & White.
“This is a significant development for the continued growth of our region as a national leader in health care services and innovation,” he said.
“The combination of these two outstanding organizations creates the largest non-profit healthcare system in Texas, and one of the largest in the country. I commend the leadership of both systems in moving forward with this vision to provide even greater access to world-class healthcare here in Central Texas.”