The Compass Winter 2018 | Page 2

There is upward pressure from rising it was appropriate to change our name, pharmaceutical, information technology along with the look and feel of our and labor costs. These forces are quarterly newsletter. Effective January 1, combining to squeeze margins. our name will change from Baylor Health These challenges have resulted in some major new alliances. Amazon is Care System Foundation to Baylor Scott & White Dallas Foundation. We’ve also changed the name, partnering with JPMorgan Chase & Co. Letter from the President and Berkshire Hathaway to establish composition and appearance of our an independent company to “provide quarterly newsletter, The Compass. The affordable healthcare to employees.” new name is to guide the conversation Additionally, CVS Health and Aetna have with donors and other supporters about recently received approval for their where we are and where we are headed. The Next Wave merger, blurring traditional boundaries in hopes of lowering costs. As another calendar year comes to a We are deeply appreciative of the past support of our generous donors. And we In this new environment, Baylor Scott look forward to the opportunity to discuss close, the Foundation is thankful for all & White is also taking proactive steps to your future interest in supporting the areas those who have made this one of the improve productivity, our delivery model, of need that matter most to you. most successful years in our history. and our infrastructure and to unlock Since its inception, the Foundation has economies of scale. Under the guiding raised more than $650 million in support star of our new strategy, Baylor Scott & of Baylor Scott & White Health’s mission. White has launched a number of exciting Baylor Scott & White Health is also enjoying a very solid year, despite initiatives to ensure we are able to continue our mission for years to come. Rowland K. Robinson President, Baylor Scott & White Dallas Foundation challenges developing for our industry. Why? There is downward pressure on medical reimbursements from all sources. As part of our strategy and to better align [email protected] our efforts with the system, we decided FOUNDATION NEWS New Directions Local leaders join the Foundation Board wenty outstanding business, communities well,” Rowland K. Robinson, who have completed their terms this year. community and philanthropic president of the Foundation, said. “The With gratitude, we honor the work of the leaders have joined the Baylor men and women who have chosen to following former board members: Denny Scott & White Dallas Foundation Board, commit their time and talents to making Alberts, Anita R. Arnold, Darron K. Ash, bringing with them the expertise this vision a reality are truly exceptional Richard P. Bernstein, Lauren Combest, needed to help shape the direction of people who will help us drive this change. Edward C. Coppola, Jr., Linda P. Custard, the Foundation in its mission to serve our We look forward to benefiting from their Tucker Enthoven, Mark D. Gibson, Barry region. Norm Bagwell will serve as board insight and experience as we forge a new Henry, Norman A. Lofgren, Annette C. chairman for his second year. direction in care.” Simmons, Shannon B. Skokos, Patrick S. Board members serve as ambass­adors of the Baylor Scott & White Health mission to promote the well-being of all individuals, families and communities. Formed in 1978 with the sole purpose of generating charitable support for Baylor Scott & White, the Foundation has disbursed more than $650 million to the Baylor Scott & White system in support of clinical care, research, education and capital needs for the citizens and communities in North Texas. “We are at the start of a new era of healthcare — one that has the opportunity to positively impact the people we serve every day in our mission to keep our 2 THE COMPASS / BAYLOR SCOTT & WHITE FOUNDATION NEWS / WINTER 2018 The Foundation has benefited from Wallace and Trea Yip. the selfless service of board members NEW BAYLOR SCOTT & WHITE DALLAS FOUNDATION BOARD MEMBERS Jenna T. Alexander Jessie T. King Kathi K. Shuford Brian O. Casey Lester A. Levy, Jr. Alison Fisher Smith Kimberly M. Colonnetta Michael P. Massad Jim Thompson Mark Danuser Pat Morgan McEvoy Taylor H. Wilson Travis G. Goff Bob McNutt Gary J. Wojtaszek Robert C. Holmes Matthew B. Myers S.M. Wright, II J. Stephen Jones Mark A. Palmer Community Volunteer Westwood Holdings Group, Inc. Attorney Tatum Brown Custom Homes Goff Capital, Inc. JP Morgan Dallas Cowboys Football Club (ex-officio Junior League) NCH Corporation Winstead P.C. (ex-officio Celebrating Women) Collin Street Bakery Southern Methodist University Brunswick Group Dallas Auction Gallery Community Volunteer Preston Hollow Capital Haynes & Boone, LLP Cyrus One S.M. Wright Foundation