Baylor Scott & White Health and Select Medical today announced an expansion of their joint venture into the Austin area with the acquisition of a 36-bed inpatient rehabilitation hospital in Lakeway, Texas, that will be operated under the name Baylor Scott & White Institute for Rehabilitation – Lakeway. The transaction is expected to close by July 1, 2018.
Originally formed in 2011 in North Texas, the joint venture today includes 66 outpatient rehabilitation clinics, three inpatient rehabilitation hospitals, and home health rehabilitation services, collectively staffed by more than 1,900 employees. This is the first expansion of the joint venture into Central Texas, and planning is underway to broaden its outpatient rehabilitation footprint across the Austin/Round Rock region to include additional outpatient therapy clinics.
"With our combined presence in the Austin area, we will have a unique opportunity to leverage the skills and strengths of our two organizations to elevate the rehabilitation services we offer in the community," said Jay Fox, president, Baylor Scott & White – Austin/Round Rock region.
"We saw a growing need to expand our acute rehabilitation services to serve a wider patient population throughout Texas," said David Chernow, Select Medical President and Chief Executive Officer. "Working together, Baylor Scott & White and Select Medical will provide high quality of care and improved functional recovery outcomes for traumatic brain injury, spinal cord injury and stroke patients throughout North and Central Texas."
Baylor Scott & White has a long-standing history of providing quality medical care to residents and families in Central Texas, including four medical centers and more than 20 clinics in Travis and Williamson counties. Baylor Scott & White most recently expanded into Hays County with a primary care clinic, and its newest medical centers are currently being built in Pflugerville and Buda.
Select Medical is one of the nation's largest providers of specialized post-acute care with a network that supports more than 100 hospitals and 1,600 outpatient clinics with 42,000 employees.
For more information on Baylor Scott & White's services in the Austin/Round Rock Region, visit:
ATX.BSWHealth.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 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