Our Fiscal Health
Texas Health Resources is fortunate to operate in the nation’s third-fastest growing state.2 The population of our service area is projected to increase by 88.7 percent by 2040, which is double the national growth rate.3 To ensure we can grow with our communities’ needs, we are building deep financial reserves to ensure adequate operating capital, and to invest in innovation and growth.
Simultaneously, we are preparing for and counterbalancing declines in revenue resulting from health care reform:
- Medicare is reducing what it pays hospitals for health care services – while costs of these services continue to escalate.
- Texas leaders have publicly stated that state funds will not be used to expand Medicaid, which increases our burden for uncompensated care.
- Employers and payors are demanding reductions in health care costs.
To prepare for an influx of patients, we have and will continue to invest in outpatient service centers, ambulatory surgery centers and integrated health campuses. This is generating incremental revenue and helping to provide a cohesive continuum of care for our patients.
Recognition and Awards
Texas Health Resources has been recognized for its quality of care, workplace and management practices. Please visit www.texashealth.org/honors-awards to read more.
2 U.S. Census, https://www.census.gov/newsroom/releases/archives/population/cb12-250.html
3 Dallas-Fort Worth Hospital Council “The Economic Impact of the Texas Health Resources System on the Dallas-Fort Worth Area,” February 2011.