Tag Archives: Memorial Hermann Health System

11/20/2018 Bookmark and Share Share Post
Hospitals

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

10/21/2018 Bookmark and Share Share Post
Hospitals

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

10/4/2018 Bookmark and Share Share Post
Hospitals

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

10/1/2018 Bookmark and Share Share Post
Hospitals

Officials say Baylor Scott & White, Memorial Hermann Merger Will Reduce Costs

Two of the largest nonprofit health systems in Texas have signed a letter of intent to merge into a combined entity. Baylor Scott & White Health and Memorial Hermann Health System say they are coming together to increase integrated and cost-effective healthcare that is focused on the consumer. The two systems provide care in 30 counties across the state and employ more than 73,000 Texans. They encompass 68 hospitals, more than 1,100 care delivery sites, 14,000 independent and academic physicians, two health plans, and nearly 10 million patient interactions each year. Baylor Scott & White brings 49 hospitals and 1,000 access… Full Story