The merger of Baylor HealthCare System and Scott & White is complete, creating an $8.3 billion organization, the boards of both systems said in a statement released today.
Joel Allison, who was CEO of Baylor and will continue as CEO of Baylor Scott & White Health, said Monday in an interview that any changes “should be very transparent to the communities we’re serving.”
The merger creates the largest not-for-profit healthcare system in Texas, according to the statement. Baylor Scott & White Health comprises 34,000 employees, more than 500 patient care sites, 43 hospitals and more than 6,000 physicians affiliated with the combined systems.
Asked about the possibility of layoffs at any of the sites as a result of the merger, Allison said, “I don’t see anything immediately,” adding: “As we go forward, efficiencies will need to be evaluated.”
Robert Pryor, president and CEO of Scott & White Healthcare is president, COO and chief medical officer for the merged systems, which will have its information technology and human resources departments in Temple.
The corporate headquarters will be in Dallas.
A board of 16 trustees with an equal number of representatives will represent the new system.
Baylor is a faith-based not-for-profit organization that had $4.1 billion in operating revenue, according to the statement. Scott & White, established in 1897 in Temple, describes itself as a nonprofit collaborative health care system. Its 2012 operating revenues were $2 billion in 2012, the statement says.