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 is empowering customers to live well by reimagining traditional healthcare — creating more convenient, personalized and informed experiences. It serves more than three million customers through 53 hospitals, including flagship academic medical centers in Dallas, Fort Worth and Temple; the Baylor Scott & White Research Institute; 1,300+ access points; 59,000+ team members; and its leading digital platform — MyBSWHealth. The system's award-winning employer solutions include Baylor Scott & White Health Plan, Baylor Scott & White Quality Alliance and Levanto — a company offering digitally enabled health products. Founded as a Christian ministry of healing more than a century ago, Baylor Scott & White's mission is to promote the health and well-being of all individuals, families and communities. For more information, visit: BSWHealth.com