Brown Gibbons Lang & Company advised Texas Spine & Joint Hospital in partnership with Baylor Scott & White Health, USPI

Brown Gibbons Lang & Company entered Tyler-based Texas Spine & Joint Hospital in its new partnership with Baylor Scott & White Health and United Surgical Partners International.

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Here are five notes:

 

1. BGL is strengthening its portfolio in advising physician-owned hospitals with strategic partnerships with health systems and corporate partners.

 

2. This transaction is the sixth surgical hospital transaction for BGL’s Healthcare & Life Sciences investment banking practice within the last three years.

 

3. Dallas-based Baylor Scott & White Holdings and Tyler-based Texas Spine & Joint Hospital entered into a partnership on Aug. 1. 

 

4. The Texas Spine & Joint Hospital will now operate within the Baylor Scott & White system, but will be partially physician-owned.

 

5. Baylor Scott & White will rebrand the hospital, but has not disclosed specifics.

 

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