First Baptist Medical Center

What First Baptist Medical Center does

First Baptist Medical Center (FBMC) is a privately held, for-profit surgical specialty hospital located at 8111 Meadow Road in Dallas, Texas. Founded in 2015/2016, it operates a single-site facility serving patients from North Texas, across Texas, and select international referrals, with 101-250 employees. The hospital concentrates on advanced and minimally invasive surgery, anchored by bariatric surgery (Roux-en-Y Gastric Bypass, Vertical Sleeve Gastrectomy, Laparoscopic Adjustable Gastric Band) and spine surgery including Minimally Invasive Spine Surgery (MISS), and extends across general surgery, neurosurgery, orthopedic surgery, plastic surgery, vascular surgery, pain management, urology, ENT, ophthalmology, podiatry, oral/maxillofacial surgery, and surgical oncology. Diagnostic and ancillary services include Joint Commission-accredited laboratory, radiology (X-Ray, CT, Ultrasound), COVID-19 testing, sleep center, and outpatient infusion services. A distinctive offering is the HEATT whole-body hyperthermia cancer treatment provided through a partnership with Verthermia, available at only two U.S. facilities.

FBMC generates revenue primarily through surgical procedure fees reimbursed via in-network commercial payor relationships with Blue Cross Blue Shield, Aetna, United Health Care, Employer Direct, and Lantern, supplemented by Provider Network of America access added in February 2023. The hospital does not accept Medicare or Medicaid, materially shaping its patient mix toward commercially insured elective surgical cases. Self-pay and patient financing are supported through CareCredit and Denefits healthcare credit products. The hospital holds Joint Commission Gold Seal approvals for both Hospital Accreditation (2018) and Laboratory Services Accreditation (2017), and operates emergency and inpatient services through a partnership with Envision Physician Services (effective February 2021). Patient experience differentiators include modern private suites, an on-site Meadow Café serving farm-to-table meals, and a physician network spanning 15+ surgical specialties that functions as the primary referral channel.

Name

First Baptist Medical Center

Legal name

First Baptist Medical Center

Website

https://www.fbmcdallas.com/

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

First Baptist Medical Center is a private Dallas-based surgical specialty hospital offering advanced minimally invasive bariatric, spine, and multi-specialty surgery to commercially insured patients across North Texas, with Joint Commission accreditation and a rare HEATT cancer therapy offering.

Ownership category

akta.pro rank

Product category

Surgical Hospital Services

NAICS

Specialty (except Psychiatric and Substance Abuse) Hospitals (622310)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062)

akta.pro primary industry

Cardiovascular / Cath Lab & Electrophysiology Centers (HLAFAIAI)

Keywords

• Surgical hospital services
• Bariatric surgery
• Minimally invasive surgery
• Spine surgery care
• Surgical specialty care

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Surgical Procedure Services: FBMC generates revenue through providing surgical procedures across multiple specialties including bariatric surgery, spine surgery, general surgery, and other surgical specialties. Revenue is collected through insurance reimbursements from in-network providers and self-pay arrangements
2. Outpatient Services: Laboratory tests, COVID testing, radiology services (X-Ray, CT Scans, Ultrasound), EKGs, and sleep center services available on outpatient basis

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

First Baptist Medical Center is a surgical specialty hospital in Dallas, Texas offering advanced and minimally invasive surgical procedures across multiple specialties including bariatric surgery, spine surgery, general surgery, neurosurgery, orthopedic surgery, plastic surgery, and vascular surgery. The hospital also provides diagnostic services (laboratory, radiology, COVID-19 testing, sleep center), infusion services, and the HEATT cancer therapy through partnership with Verthermia.

Product overview

First Baptist Medical Center is a premier North Texas surgical specialty hospital offering advanced and minimally invasive surgery. The facility provides a comprehensive portfolio of surgical services organized around core specialties including Bariatric Surgery (gastric bypass, sleeve gastrectomy, gastric banding, and revisions), Spine Surgery/Minimally Invasive Spine Surgery (MISS), General Surgery, Neurosurgery, Plastic Surgery, Orthopedic Surgery, Vascular Surgery, and Pain Management. The hospital also operates diagnostic services including Laboratory, Radiology (X-Ray, CT, Ultrasound), COVID-19 Testing, Sleep Center, and Infusion Services. A distinctive offering is the HEATT Therapy Procedure for cancer treatment, offered in partnership with Verthermia as one of only two facilities in the country providing this service. Patient amenities include the Meadow Café serving farm-to-table cuisine, private patient suites with modern comforts, and financing options through CareCredit and Denefits.

Differentiator

Problem solved

Functional benefit

Products and services

• Bariatric Surgery Services Comprehensive weight-loss surgery program including Roux-en-Y Gastric Bypass, Vertical Sleeve Gastrectomy, Laparoscopic Adjustable Gastric Band, and revision procedures for patients who have had previous bariatric surgery. Performed laparoscopically using minimally invasive techniques.
• Spine Surgery / Minimally Invasive Spine Surgery (MISS) Advanced spine surgery procedures including spinal decompression (laminectomy, microdiscectomy), fusion procedures (ACDF, ALIF, TLIF, PLIF, LLIF), kyphoplasty, and minimally invasive spinal surgery techniques designed to reduce post-operative pain and recovery time.
• Neurosurgery Neurological surgery services provided by board-certified neurosurgeons.
• Orthopedic Surgery Orthopedic surgical services including hand and upper extremity surgery, foot and ankle surgery, and joint procedures for patients with musculoskeletal conditions.
• Plastic Surgery Cosmetic and reconstructive plastic surgery procedures performed by certified surgeons.
• Vascular Surgery Surgical treatment of vascular conditions performed by board-certified vascular surgeons.
• Pain Management Pain management services for patients dealing with chronic or acute pain conditions.
• General Surgery General surgical procedures performed by board-certified surgeons at the facility.
• Laboratory Services Comprehensive laboratory testing services accredited by The Joint Commission, including blood work and diagnostic tests.
• Radiology Services Imaging services including X-Ray, CT Scans, and Ultrasound.
• COVID-19 Testing COVID-19 PCR testing services for patients.
• Sleep Center Sleep disorder diagnosis and treatment services.
• Infusion Services Outpatient infusion therapy services.
• HEATT Therapy Procedure Whole-body hyperthermia cancer treatment (Hyperthermia Extended Ambient Thermal Therapy) offered in partnership with Verthermia. Used in combination with chemotherapy. FBMC is one of only two facilities in the country providing this procedure.
• Healthcare Financing Options Patient financing options through CareCredit healthcare credit card and Denefits, providing monthly payment plans for medical procedure costs.

Quantifiable outcome

• Gastric Bypass Surgery: Type 2 Diabetes resolved in 83.7% of patients; High Blood Pressure resolved in 67.5%; High Cholesterol improved in 94.9%; Obstructive Sleep Apnea resolved in 80.4%; Acid Reflux/GERD resolved in 98%; Depression improved in 47%; Osteoarthritis and Joint Pain resolved in 41%; Stress Urinary Incontinence resolved in 44%

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• Provider Network of AmericacoreChannel Partner/ Reseller/ Distributor · 21 February 2023FBMC announced in-network status with Provider Network of America (PNOA), providing access to their surgical services through PNOA's network for driving savings through network access, analytics and cost management.
• Envision Physician ServicescoreStrategic or Co-development Partner · 15 February 2021FBMC partners with Envision Physician Services, a leading national medical group, to provide emergency and hospital medicine clinicians who lead the delivery of quality, compassionate care. Envision brings years of clinical expertise and tools/resources to support delivery of quality, evidence-based care. Dr. Robert Fischer joined as leader of emergency and inpatient departments through this partnership. Envision treats 32 million patients annually across the country.
• VerthermiaflagshipTechnology or IntegrationFBMC partnered with Verthermia to become one of two facilities in the country to provide the HEATT (Hyperthermia Extended Ambient Thermal Therapy) cancer treatment procedure. HEATT is a whole-body hyperthermia treatment that changes cell structure of cancer cells and has been used in combination with chemotherapy. The technology was developed over 30+ years of research by the Verthermia team.
• Southwest Transplant AllianceminorStrategic or Co-development PartnerFBMC partners with Southwest Transplant Alliance for community blood drives. The partnership honors National Donate Life Month and recognizes community heroes in organ donation and transplantation.
• Adora Midtown Park/ Stonegate Senior LivingminorStrategic or Co-development PartnerCommunity partnership for blood drives and community health events.
• Kindred Hospital Dallas CentralminorStrategic or Co-development PartnerCommunity partnership for blood drives and community health events.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• HCA Healthcare: HCA is the largest for-profit hospital operator in the U.S. with multiple specialty and surgical facilities. Comparable to FBMC in service offerings and commercial payer orientation, but vastly broader portfolio, scale, and capital base.
• Tenet Healthcare: Tenet Healthcare owns USPI and operates acute care and specialty hospitals across the U.S. Comparable in surgical specialty hospital operations and commercial payer model, with much greater scale and diversification.

Direct peers

• Steward Health Care: Steward operates a national network of community hospitals and surgical specialty facilities. Comparable to FBMC as a for-profit multi-specialty surgical hospital operator, though Steward operates at significantly larger scale and with broader geographic reach.
• Surgery Partners: Surgery Partners operates a national network of short-stay surgical facilities and ambulatory surgical centers across multiple specialties. Highly comparable to FBMC in service mix, payer model, and surgical specialty focus, though at vastly greater scale.
• United Surgical Partners International (USPI): USPI, a subsidiary of Tenet Healthcare, is the largest operator of ambulatory surgery centers and short-stay surgical hospitals in the U.S. Directly comparable to FBMC as a multi-specialty surgical facility operator, with similar payer-contracted commercial model.
• SCA Health: SCA Health, an Optum company, operates a large national network of ambulatory surgery centers and surgical hospitals. Directly comparable to FBMC in specialty surgical services delivery and commercial payer relationships.

Regional players

• Texas Health Center for Diagnostics & Surgery: Texas Health Resources' specialty surgical facility in Plano, TX, serving the same North Texas commercially insured patient base. Directly comparable in service mix (multi-specialty outpatient/inpatient surgical hospital) and payer mix.
• Baylor Scott & White Surgical Hospital: Operates surgical specialty facilities in the Dallas-Fort Worth metro under the Baylor Scott & White brand. Closest geographic peer to FBMC, providing overlapping multi-specialty surgical services to the same North Texas commercial population.
• Methodist Health System: Methodist Health System operates hospitals and surgical facilities in the Dallas region, including specialty surgical services. Comparable to FBMC in North Texas service area and multi-specialty surgical offerings, with greater system-level scale and brand.

Emerging players

• City of Hope: City of Hope (which acquired Cancer Treatment Centers of America) operates specialty cancer centers including hyperthermia and integrative oncology programs. Most directly comparable to FBMC on the HEATT cancer therapy dimension of its service portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/FBMC_Dallas

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First Baptist Medical Center