DALLAS--(BUSINESS WIRE)--Baylor Scott & White Health and Tenet Healthcare Corporation (NYSE:THC)
have completed the previously announced joint venture to own five
hospitals in North Texas. The facilities included are Centennial Medical
Center in Frisco, Doctors Hospital at White Rock Lake in Dallas, Lake
Pointe Medical Center in Rowlett, Texas Regional Medical Center at
Sunnyvale and Baylor Scott & White Medical Center – Garland.
“Together, we will advance and strengthen the population health model in
the greater Dallas area by creating a strong network to improve the
wellbeing of people in our communities,” said Joel Allison, CEO of
Baylor Scott & White Health.
Centennial Medical Center, Doctors Hospital at White Rock Lake, Lake
Pointe Medical Center and Texas Regional Medical Center at Sunnyvale
will transition to Baylor Scott & White Health branding as early as the
spring of 2016. Additionally, physicians, advanced practice providers
and other employees of Tenet’s North Texas physician group will
transition to Baylor Scott & White Health’s physician group, HealthTexas
Provider Network (HTPN).
“We have already made meaningful progress in advancing population health
through our physicians’ participation in the Baylor Scott & White
Quality Alliance, a leading local accountable care organization, and the
completion of this joint venture is an important next step in
coordinating top-quality, value-based care in North Texas,” said Trevor
Fetter, chairman and CEO of Tenet Healthcare.
About Tenet Healthcare
Tenet Healthcare Corporation is a diversified healthcare services
company with more than 130,000 employees united around a common mission:
to help people live happier, healthier lives. Through its subsidiaries,
partnerships and joint ventures, including United Surgical Partners
International (USPI), the company operates 84 general acute care
hospitals, 20 short-stay surgical hospitals and over 470 outpatient
centers in the United States, as well as nine facilities in the United
Kingdom. Tenet’s Conifer Health Solutions subsidiary provides
technology-enabled performance improvement and health management
solutions to hospitals, health systems, integrated delivery networks
(IDN), physician groups, self-insured organizations and health plans.
For more information, please visit www.tenethealth.com.
The terms "THC", "Tenet Healthcare Corporation", "the company", "we",
"us" or "our" refer to Tenet Healthcare Corporation or one or more of
its subsidiaries or affiliates as applicable.
About Baylor Scott & White Health
Baylor Scott & White Health, formed from the 2013 merger between Baylor
Health Care System and Scott & White Healthcare, is today the largest
not-for-profit health care system in the state of Texas. With total
assets of $9 billion* and serving a population larger than the state of
Virginia, Baylor Scott & White Health has the vision and resources to
provide its patients continued quality care while creating a model
system for a dramatically changing health care environment. The
organization now includes 49 hospitals, more than 800 access points,
more than 5,800 active physicians, 35,000 employees and the Scott &
White Health Plan and Baylor Scott & White Quality Alliance, a network
of clinical providers and facilities focused on improving quality,
managing the health of patient populations, and reducing the overall
cost of care. For more information visit: www.BaylorScottandWhite.com.
* based on 2014 fiscal year statements
Tenet uses its company website to provide important information to
investors about the company including the posting of important
announcements regarding financial performance and corporate developments.
