On Thursday, California-based Pipeline Healthcare Management LLC closed on its deal to buy Baylor Scott & White Medical Center – White Rock, a joint venture between Baylor Scott & White Health and Tenet Healthcare.
The hospital will operate as City Hospital at White Rock. Pipeline says it will expand medical staff at the 218-bed facility with a particular focus on primary care and other underserved specialties. News of the deal first dropped back in December.
It’s Pipeline’s first move into Texas, but in a previous interview, Dr. Vincent Green, a principal with the company, told D CEO Editor Glenn Hunter that the company will look to make more acquisitions within the state.
Green also said Baylor’s closure in Garland could feed patients to the White Rock location. Baylor Scott & White Health – Garland closed its doors at the end of February after attempts to find a buyer were unsuccessful.
“Our goal is to be the premier healthcare provider in East Dallas by focusing on the needs of the community and providing more personalized, yet affordable care to our patients,” says Jorge Trevino, CEO of City Hospital at White Rock and former COO of the facility, in a statement. “We’re confident that City Hospital at White Rock will become a trusted community partner in helping live a healthy and fulfilling life.”
The Garland and White Rock facilities were two of the five associated with the Baylor-Tenet joint venture, which came to be in January 2016. Tenet said earlier this year that it was selling its minority interest in Baylor Scott & White – Centennial and Baylor Scott & White – Lake Pointe.
It also said that Baylor Scott & White – Sunnyvale would become part of the Texas Health Ventures Group, which is itself a joint venture between United Surgical Partners International—a Tenet Subsidiary—and Baylor Scott & White Health.