TEMPLE Scott & White Healthcare in Temple and the Baylor Health Care System in Dallas announced Monday that the merger of the two systems has been completed to create an $8.3 billion organization that’s the largest non-for-profit health system in Texas.
The merger was announced in December 2012 and the terms of the agreement were finalized this summer.
Baylor Scott & White Health, which will be governed by a single board of directors, will include a total of 43 hospitals, more than 500 patient care sites, more than 6,000 affiliated physicians, 34,000 employees and the Scott & White Health Plan.
The new organization’s 16-member board is comprised of an equal number of representatives from Scott & White and Baylor and will be chaired by Temple businessman Drayton McLane, Jr.
Jim Turner serves as chairman-elect.
Baylor Health Care System CEO Joel Allison is now the CEO of the new organization and Scott & White Healthcare President and CEO Dr. Robert Pryor is president, CEO and chief medical officer.
“We are building a new national model for health care delivery engineered to meet the demands of health care reform, the changing needs of patients and payers and the extraordinary advances in clinical care,” Allison said.
Baylor Scott & White Health is based in Dallas and Baylor Scott & White Health Service Company is based in Temple and will perform such functions as human resources and information technology.