Baylor Scott and White–Memorial Hermann Merger: Can It Cut Costs?

Changes are on the way in the wake of the merger between Memorial Hermann and Baylor Scott and White, and cost savings for the consumer is one of the claims by leaders on both sides of the deal. But will the two contiguous providers eliminate redundancies and save money or use their negotiating power to drive up prices? Baylor Scott and White is the result of a merger that may provide a look at what the future of this transaction may hold in regards to cost savings. In 2013, Baylor merged with Scott and White, creating one of the largest… Full Story

Cedar Gate Technologies Acquires Global Health Alliance to Improve Bundled Payment Provision

Cedar Gate Technologies acquired Global Health Alliance this week, in a move that will impact North Texas providers and allow Cedar Gate to improve prospective bundled payment programs. Cedar Gate will have access to GHA’s technology called Axia that automates bundled claims and manages payment between payers and providers, which has processed over 2.25 million distinct bundles. Bundled payment programs can help control and manage healthcare costs by uniting payments for an episode of care rather than processing individual payments for the hospital, lab, and post-acute facilities. It incentives providers to work together and lower the total cost. Last year,… Full Story

Texas Stays Busy as Mergers and Acquisitions Slow Down Nationwide in Third Quarter

While North Texas is abuzz with talk of healthcare mergers and acquisitions after Baylor Scott and White and Memorial Hermann work out the details of their merger, the country is trending down on such moves relative to last year. Health Exec reports that hospitals and health system merger and acquisitions  is slowing down, according to a study from Kaufman, Hall and Associates. The report says that just 18 transaction occurred during the third quarter of 2018, 38 percent less than the same period in 2017. There were 87 deals through this point last year, but only 68 this year. Texas’… Full Story

This Study Describes How M&A’s Will Impact the Future of Healthcare

A paper presented at the Texas Health Law Conference this week outlines how mergers and acquisitions and disruptive innovation are creating healthcare world increasingly focused on patients. The Polsinelli law firm’s paper analyzes several mergers and acquisitions in the healthcare industry and makes conclusions about the future of the healthcare industry, and was written by Dallas office lawyers Jon Henderson, Andrew Kinworthy, and Kevin McDonnell. Several themes arose in the study, including private equity ownership, integrated care continuum, consumerism, shifting from in-patient to out-patient care and toward value-based care centered around data analytics. The paper concludes that these changes will improve patient care… Full Story

New Name and Headquarters For Baylor Scott and White, Memorial Hermann?

The short answers to those questions are 1) Yes, there will be a new name, but they don’t know what it will be just yet, and 2) There are no plans for a new combined headquarters. Dallas’s Baylor Scott and White and Houston-based Memorial Hermann have signed a letter of intent to merge, combining the two health networks into one system that will span Dallas, Houston, Austin, and Temple, accounting for $14.4 billion in revenue, according to Modern Healthcare. At a press conference Monday afternoon, four of the leaders from the two systems discussed the merger and answered questions from… Full Story