Scott & White, Baylor Health merger finalized

Oct 1, 2013
Austin American Statesman

Temple-based Scott & White Healthcare said Monday that its previously announced merger with the Baylor Health Care System has become final

The deal creates the largest nonprofit health system in the state with hospitals and clinics in North and Central Texas, including Williamson County, and $8.3 billion in combined assets, said Robert Pryor, former president and chief executive officer of Scott & White Healthcare. Pryor becomes president, chief operating officer and chief medical officer of the new combined entity, which will be called Baylor Scott & White Health

The operations will based in Temple, while the executive offices will be in Dallas under CEO Joel Allison, who was previously the Baylor system’s chief

Baylor Scott & White Health includes 43 hospitals, more than 500 patient care sites, 6,000 affiliated physicians, 34,000 employees and the Scott & White Health Plan, officials said

Plans for the merger were announced in December. The merger was provoked by changes in health care financing that are causing hospitals, doctors and other providers to partner in ways that take advantage of economies of scale, Pryor said

It is more cost-effective for a system to serve a population of 10 million, rather than 2 million, he said

Annual revenues are estimated to be $7.7 billion, Pryor said

Print Article opens in new window