From Staff Reports
Baylor Scott & White Health and Tenet Healthcare Corporation have reached a definitive agreement to sell Baylor Scott & White Medical Center — White Rock, a 218-bed hospital located in Dallas, to Pipeline Health, LLC.
Formerly known as Doctors Hospital at White Rock Lake, Baylor Scott & White Medical Center — White Rock is part of a joint venture partnership with Baylor Scott & White Health, in which Tenet is the minority owner.
The transaction is expected to be completed in the first quarter of this year, subject to regulatory approvals and customary closing conditions.
According to the press release: “Pipeline Health is an innovative hospital management company with a proven track record of providing high quality healthcare at health systems nationwide. With a unique base of experience spanning the entire clinical eco-system, Pipeline’s unique perspective allows it to craft strategies specific to the local dynamics of the communities it serves. Pipeline’s goal is to maximize access to the highest quality care and deliver it cost effectively with a focus on customer service and clinical excellence.”