Baylor University Medical Center (Dallas). This hospital houses more than 20 medical specialty centers and was ranked the No. 3 hospital in Texas and the No. 1 hospital in Dallas by U.S. News & World Report in 2016-17. Baylor University Medical Center was founded in 1903 with 25 beds and was the first hospital of the Baylor Health Care System; the hospital is now staffed by more than 1,300 physicians and equipped with 894 licensed beds. The medical center is the flagship hospital for Baylor Scott & White Health — North Texas health system.