Here are five things to know:
1. Houston-based Memorial Hermann Health System and Dallas-based Baylor Scott & White Health signed a letter of intent to merge into a sole system. If approved, it would create the largest health system in Texas.
2. Baylor Scott & White Health partnered with Texas Spine & Joint Hospital in August 2017. Per the agreement, Baylor Scott & White Health took a controlling stake in the spine hospital. However, Texas Spine & Joint Hospital continues to be partially physician-owned.
3. Both health systems hope to be completely merged by July 1, 2019.
4. No facilities would close or change names due to the merger. Baylor Scott & White Health and Memorial Hermann Health System plan to create a new name for the parent entity.
5. Baylor Scott & White Texas Spine & Joint Hospital facilities affected include:
• Baylor Scott & White Texas Spine & Joint Hospital – Main campus in Tyler
• Baylor Scott & White Texas Spine & Joint Hospital Urgent Care Tyler
• Baylor Scott & White Texas Spine & Joint Hospital Urgent Care Palestine
• Texas Spine & Joint Hospital Surgery Center in Tyler
• Baylor Scott & White Texas Spine & Joint Hospital Radiology Services at Turtle Creek in Tyler
• Baylor Scott & White Texas Spine & Joint Hospital Orthopedic Clinic & Imaging Services Longview
More articles on practice management:
AAOS recommends orthopedic practices take direct-to-patient marketing approach: 4 strategies
OrthoAtlanta, Polaris Spine & Neurosurgery Center partner with value-based care provider: 3 notes
CORE Institute expands, opens new full-service clinic: 3 details
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.