Texas Community

Baylor Scott & White Health and Tenet Complete Joint Venture to Own Five North Texas Hospitals

Aimee Sharp
Author | Shield HealthCare
01/15/16  1:38 PM PST

Originally published on Tenet Healthcare.com

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.

Read the Full Article at Tenet Healthcare.