Merger Talks End Between Memorial Hermann and Baylor Scott and White

DALLAS/HOUSTON (Covering Katy News) – Merger talks ended yesterday between Houston based Memorial Hermann Health System and Dallas based Baylor Scott and White.

“After months of thoughtful exploration, we have decided to discontinue talks of a merger between our two systems,” said a statement from Baylor Scott and White. “Ultimately, we have concluded that as strong, successful organizations, we are capable of achieving our visions for the future without merging at this time.”

In October, the boards of each organization signed a letter of intent to merge into a combined system.  A statement from the two organizations said the combined company would  “further strengthen communities, advance the health of Texans and transform the delivery of healthcare.”

The merger of the two companies was designed to be a model for the nation on how to improve the delivery of healthcare.

Yesterday the message was different in a statement issued by Baylor Scott and White.

“We have a tremendous amount of respect for each other and remain committed to strengthening our communities, advancing the health of Texans and transforming the delivery of care. We will continue to seek opportunities for collaboration as two forward-thinking, mission-driven organizations.”

See the original story below.

 

 

 

 

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