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Baylor, Scott & White CEOs

Thu, 24 Jan 2013 21:54:00 GMT

Baylor, Scott & White CEOs Confident Their Systems Will Mesh

Baylor Health Care System and Temple-based Scott & White last week began their year-long due diligence to determine whether their systems are compatible.

The organizations announced in December their intent to merge to create the largest not-for-profit health system in the state and one of the largest in the nation.

In a joint telephone interview, Baylor chief executive officer Joel Allison and Scott & White chief executive officer Robert Pryor, MD, insisted the companies are a good fit.

The new entity will be called Baylor Scott & White, with more than 34,000 employees, 42 hospitals, more than 350 other patient-care settings and $6.7 billion in annual revenue. Allison will be CEO of the new company and Pryor will be the chief operating officer.

Pryor said, “We have a long history of working together. From the 50,000-foot level—and even the 25,000-foot level—we haven’t seen any snags. That’s really encouraging. We almost have the same strategic plan, mission and vision. Our cultures are entirely compatible and complementary.”

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Baylor’s Joel Allison to Lead New Texas Mega Health System

Sat, 15 Dec 2012 19:07:00 GMT

Baylor’s Joel Allison to Lead New Texas Mega Health System

DALLAS BUSINESS JOURNAL

Dallas-based Baylor Health Care System and Scott & White Healthcare, based in Temple, plan to merge, making the new entity the largest not-for-profit health system in the state, hospital system executives announced Friday.

The systems are negotiating and expect to complete a definitive merger agreement next year.

The new system would have $7.7 billion in combined assets and include 42 hospitals, 4,000 active physicians and 34,000 employees. It will be called Baylor Scott & White Health.

Baylor is one of the largest health care providers in North Texas. Scott & White is dominant in Central Texas.

Top officials in each system said the cultural match between the systems is ideal. “When you look at our mission statements, they are almost identical,” said Joel Allison, president and CEO of Baylor Health Care System.

Allison will be CEO of Baylor Scott & White Health. Dr. Robert Pryor, president and CEO of Scott & White Healthcare, will serve as president and chief operating officer of the new company.

Drayton McLane Jr., chairman of Scott & White Healthcare, agreed that the cultural match is strong.

“We’re going to bring the best practices out of both of these organizations,” said McLane, who was in Dallas for the merger announcement Friday afternoon.

Allison said the merger will have a healthy impact on the North Texas health care market.“As long as you’re competing on quality, safety and patient satisfaction, I think it’s good for the patient,” he said. “That’s how I’ve always looked at competition. It’s healthy.”

The boards of both systems approved the signing of the letter of intent to merge this week, Allison said. The new system will be governed by a single 14-member board with seven representatives from each system.

The Baylor Health Care System, with $4.1 billion in total operating revenue last year, employs nearly 20,000 people and owns or operates 30 hospitals statewide. It has 2.8 million patient encounters annually, according to its website.

The Scott & White system employs 12,000 people, has 12 hospitals and more than 65 clinics across a swath of Central Texas.

The systems’ medical staffs will remain independent and the systems’ foundations will remain separate.

Hospital partnerships, mergers and joint ventures are on the rise because of industry changes including the implementation of the Affordable Care Act. Since 2008, there have been 274 merger and acquisition transactions affecting 439 hospitals — up 22 percent over the previous four-year span.

In the new era, health systems must be prepared for declining reimbursements and “population health management” to advance the health of large groups of patients and keep them out of the hospital, Allison said. The sharing of best practices between Scott & White and Baylor will promote efficiencies that will allow the new system to meet those demands, he said.

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Baylor Health Care, Scott & White

Fri, 14 Dec 2012 20:58:00 GMT

Baylor Health Care, Scott & White
Forming Largest Texas Health System

DHEALTHCARE

Dallas-based Baylor Health Care System and Scott & White of Temple are joining forces to create the largest not-for-profit healthcare system in the state of Texas. The entities are planning a press conference to reveal details at 4 p.m. CST.

Joel Allison, president and CEO of Baylor Health Care, and Drayton McLane Jr., chair of the Scott & White Healthcare board, are expected to speak in Dallas. A simultaneous press conference will be held in Temple, featuring Dr. Robert Pryor, president and CEO of Scott & White, and Jim Turner, chair of the Baylor Health Care System board.
A deal between the two entities has been rumored in the market for several months. Check back later at D Healthcare Daily for a full report.

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Career Management

Wed, 12 Dec 2012 08:48:00 GMT

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750 Indiana Doctors Agree to Posting

Tue, 04 Dec 2012 21:30:00 GMT

750 Indiana Doctors Agree to PostingQuality Scores on Health Exchange

MODERN HEALTHCAREMore than 750 Indiana physicians working at 174 practice sites have agreed to have their clinical quality scores posted publicly on the website for the Indiana Health Information Exchange’s Quality Health First program, the IHIE announced.

The website groups by geographic area the publicly available quality reports from participants in the Quality Health First program and includes data on such clinical quality measures as treatment of diabetes, women’s and children’s healthcare, heart health and respiratory issues. The QHF was started in 2008 as the Indiana Network for Patient Care; it represented a collaboration between the IHIE and the Employers’ Forum, a coalition of public and corporate employers, health plans and providers. Read More

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Once Rejected, Bowles-Simpson Proposals Back In Play

Wed, 28 Nov 2012 07:16:00 GMT

Once Rejected, Bowles-Simpson Proposals Back In Play

CBS News

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Tue, 27 Nov 2012 22:52:00 GMT

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Study Shows

Tue, 27 Nov 2012 18:41:00 GMT

Study Shows
Governor Perry’s Rejection of Medicaid Expansion
Will Cost Texas Hospitals $25B Over 10 years

D Healthcare Daily
Not expanding Medicaid in Texas will cost the state’s hospitals nearly $25 billion in reimbursement between 2013 and 2022, according to a Kaiser Family Foundation analysis. Without expansion, Medicaid is projected to pay Texas hospitals $86.9 billion, compared with $111.7 billion with the Medicaid expansion.

If Texas eventually decides to expand Medicare under the Affordable Care Act, the state would spend an additional 3.5 percent on the program for the newly eligible, while the federal government would boost its contribution by 27 percent, according to the analysis. In terms of dollars, the state would spend an additional $5.7 billion between 2013 and 2022. Meanwhile, the U.S. would spend $65.6 billion during that period.

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Patient Satisfaction Linked to Three Attributes

Mon, 22 Oct 2012 18:26:00 GMT

Patient Satisfaction Linked to Three Attributes

D HealthcareNearly 80 percent of patients who saw their doctor about at least three times in the last year said personalized care, time spent with them, and empathy were major factors of their satisfaction, according to Modern Medicine.

The survey included more than 2,000 adults, made specific statements about their PCPs such as “He/she cares about my health” and “He/she takes time to listen to me and address my concerns.” Patients most often based their satisfaction on their physicians’ customer service, followed by communication, treatment and diagnosis, and scheduling, with a PCP’s intelligence listed as one of the least common reasons for satisfaction.

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Trinity Health, Catholic Health East to Merge

Wed, 17 Oct 2012 17:54:00 GMT

Trinity Health, Catholic Health East to Merge

MODERN HEALTHCARE
Trinity Health and Catholic Health East today announced plans to consolidate operations, which together span 21 states and include more than 70 hospitals.

The parties expect to finalize the deal by the spring and financial terms weren’t disclosed in a news release (PDF). Joseph Swedish, president and CEO of Novi, Mich.-based Trinity would become the president and CEO of the new and unnamed organization. Judith Persichilli, president and CEO of Newtown Square, Pa.-based CHE, would serve as the new organization’s executive vice president.

“To serve people best in today’s healthcare environment, health systems must have ready access to resources and ideas across the broad spectrum of care, and this consolidation would help us achieve that goal with an exceptional national network,” Swedish said in the release. “We are excited about the benefits our combined organizations will bring to people and communities nationwide.” Read More

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