Joint Statement from Memorial Hermann and Baylor, Scott and White After Merger Talks Discontinued

HOUSTON, Texas - The following joint statement between Memorial Hermann and Baylor, Scott and White was made after the announcement that the merger between the two healthcare companies was discontinued.

'After months of thoughtful exploration, we have decided to discontinue talks of a merger between our two systems. Ultimately, we have concluded that as strong, successful organizations, we are capable of achieving our visions for the future without merging at this time. 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.'