Baylor Scott & White Health today announced that it completed the acquisition of Tenet Healthcare's (NYSE:THC) minority interest in Baylor Scott & White Medical Center – Centennial and Baylor Scott & White Medical Center – Lake Pointe. Baylor Scott & White is now the manager and operator of both hospitals.
Also being announced:
- Baylor University Medical Center (BUMC) at Dallas acquired The ER on Lovers Lane. The facility will be operated as an outpatient department of BUMC under the name Baylor Scott & White Emergency Center – Lovers Lane. The ER on Lovers Lane was previously operated as an outpatient department of Baylor Scott & White Medical Center – White Rock, a co-owned hospital with Tenet, which has been sold to Pipeline Health, LLC, effective today.
- Baylor Scott & White Medical Center – Sunnyvale is now part of the Texas Health Ventures Group (THVG), an existing joint venture between Baylor Scott & White and Tenet's subsidiary United Surgical Partners International (USPI). Tenet transferred its minority interest and operations to USPI. Baylor Scott & White continues to be the majority owner.
- Baylor Scott & White Medical Center – Garland officially closed its doors at 11:59 pm on February 28, 2018, after proudly serving the Garland community for more than five decades.
All five hospitals were part of a joint venture with Baylor Scott & White and Tenet since January 2016.
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About Baylor Scott & White Health
As the largest not-for-profit health system in the state of Texas, Baylor Scott & White promotes the health and well-being of every individual, family and community it serves. It is committed to making quality care more accessible, convenient and affordable through its integrated delivery network, which includes the Baylor Scott & White Health Plan, Baylor Scott & White Research Institute, the Baylor Scott & White Quality Alliance and its leading digital health platform — MyBSWHealth. Through 52 hospitals and more than 1,300 access points, including flagship academic medical centers in Dallas, Fort Worth and Temple, the system offers the full continuum of care, from primary to award-winning specialty care. Founded as a Christian ministry of healing more than a century ago, Baylor Scott & White today serves more than three million Texans. For more information, visit: BSWHealth.com