DALLAS, TEXAS – Scott and White Health Plan, part of Baylor Scott & White Health, has signed a definitive agreement to acquire FirstCare Health Plans.
This acquisition will allow the two provider-owned health plans to come together to create a more comprehensive and sustainable insurer with a driving focus on enhancing the customer experience through advanced technology.
"For more than 35 years, Scott and White Health Plan has served Central Texas and surrounding communities," said Jeff Ingrum, CEO of Scott and White Health Plan. "Uniting our health plans will allow us to ensure the long-term viability for both, continuing our histories of Texans serving Texans."
Collectively, the plans cover nearly 400,000 members. Once finalized, the acquisition will mean for those members an expanded network of providers in the communities the health plans serve.
"We are confident this is in the best interest of our members, providers, agents and employees," said Darnell Dent, President and CEO of FirstCare Health Plans. "I am proud of FirstCare's legacy of excellence, compassion and high-quality service to our communities in North, West and Central Texas. We are looking forward to advancing that legacy."
The definitive agreement signed by Scott and White Health Plan and FirstCare Health Plans' owners, Covenant Health System and Hendrick Health System, is now subject to regulatory approval. Pending that approval, the acquisition is expected to be finalized in early 2019.
It is important to note that nothing changes for members or employees of either health plan today.
About Scott and White Health Plan
At Scott and White Health Plan, our mission is to be the most trusted name in giving and receiving safe, quality, compassionate healthcare. As the #1 rated private health insurer in Texas, we are proud to increase access to high-quality, coordinated patient care for more than 220,000 of our friends, families and neighbors in 80 counties across Central, East, North, and West Texas. For more information on our innovative, integrated delivery capabilities, quality programs that drive savings and best-in-class member experience, visit SWHP.org.
About FirstCare Health Plans
At FirstCare, our mission is to work together to serve our customers and build healthier communities—one member at a time. Since 1985, we've been serving the health care needs of members across North, West, and Central Texas. Today, our service area includes 143 counties, with local offices in Abilene, Amarillo, Lubbock, and corporate offices in Austin, Texas. We offer a wide range of HMO, PPO, HSA, and ASO products through a variety of programs, including small and large employer plans; state, federal and teacher plans; government programs; and the Health Insurance Marketplace. With the support of our owners, Covenant Health in Lubbock and Hendrick Health System in Abilene, we serve over 160,000 members. For more information, please visit FirstCare.com.
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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 51 hospitals and more than 1,100 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