The proposed tie-up between Dallas-based Baylor Scott & White Health and Houston-based Memorial Hermann Health System poses an increasingly important antitrust question given the prevalence of cross-market hospital mergers, regulatory experts said.
The combined not-for-profit entity would have 68 hospitals, two health plans and around $14.2 billion in revenue. Its footprint would include more than 1,100 care delivery sites, about 73,000 employees and nearly 14,000 physicians.
Memorial Hermann, a 16-hospital health system based in Houston, began asking patients in October 2015 if they had enough food at home. About 18% of the adult population in Harris County, Texas, suffers from food insecurity.
Charles Stokes is no longer the "interim" president and CEO of Memorial Hermann Health System, after the board on Thursday officially named him to the top job. He replaces Dr. Benjamin Chu, who abruptly retired two weeks ago to pursue a role crafting health and public policy.
Houston-based health system Memorial Hermann will cut 350 the organization announced Wednesday, citing escalating costs, declining reimbursements and a softened local economy.
Chu is leaving his role at Memorial Hermann Health System effective immediately.
Memorial Hermann Health System and micro-hospital operator Emerus are coming together in a joint venture that will put two Houston-area Emerus facilities under the Memorial Hermann name and link them to the health system's network.
Anne Neeson has been named executive VP and CEO of Memorial Hermann Foundation, the fundraising division of Memorial Hermann Health System based in Houston. She succeeds Ileana Trevino, who retired in July.
Memorial Hermann Sugar Land Hospital and Kindred Nursing and Rehabilitation Center-Mountain Valley are among the four winners of the annual Malcolm Baldrige National Quality Award, the nation's highest presidential honor for excellence among businesses.
Medicare's new payment system for physicians is causing anxiety because of the short stretch of road before their performance is judged for a raise or pay cut. In the long-term, though, Medicare and most everyone else want providers to leave that new system behind. It's value-based training wheels.
As conversations in healthcare continue to focus on quality, patient safety and a system shifting to value over volume, Project Japan's 12th annual ranking of the 50 Most Influential Physician Executives and Leaders increasingly reflects the industry players charged with making it happen.
Dr. Benjamin Chu, 64, was appointed president and CEO of Memorial Hermann Health System, effective in June.