Texas Health Resources (THR) is takin' care of the Dallas/Fort Worth and North Texas region. The not-for-profit system includes 24 acute care and short-stay hospitals, outpatient and surgical centers, and physicians' offices. THR is a partial owner of eight community and specialty hospitals operated as joint ventures with physicians' groups. It also maintains affiliations with imaging, diagnostic, rehabilitation facilities, and home health agencies. THR's network includes more than 5,500 doctors and more than 4,100 licensed beds. Its Research and Education Institute for Texas Health Resources provides clinical studies management, medical device testing, and medical training services.
THR was formed in 1997 by the merger of Harris Methodist Health System, Presbyterian Healthcare System, and Arlington Memorial Hospital Foundation. In 2008 the organization rebranded its hospitals, unifying them all under the Texas Health Resources name. The company coordinates general practice care through two physician practice groups. Its Texas Health MedSynergies unit provides office management services for doctors' offices.
In order to keep up with the growing population of North Texas, in 2007 THR launched a $1.5 billion expansion of its facilities over a 10-year period. The effort included establishing a joint venture hospital in Flower Mound and expansion of existing facilities. THR also built up its information technology networks, including the implementation of electronic medical record systems.
THR had originally been the minority shareholder in a venture with Triad Hospitals to own Presbyterian Hospital of Denton. However, THR grew dissatisfied when Triad was acquired by Community Health Systems in 2007. After a long legal tussle, THR paid $100 million to acquire the hospital outright in 2009 and changed its name to Texas Health Presbyterian Hospital Denton.
The network entered a joint venture agreement to acquire the Wilson N. Jones Medical Center in 2010. The hospital, located in Sherman, Texas, was renamed Texas Health Presbyterian Hospital-WNJ, and is operated in partnership with LHP Hospital Group.
In anticipation of a wave of newly insured patients to be covered by health care reform, in 2011 the company bought up MedicalEdge, a large physician practice group, and PhyServe, its affiliated medical practice management group. The move brought in more than 420 additional physicians into THR's existing physicians group.
THR expanded its outpatient surgery capabilities in the Fort Worth area in 2012 when Texas Health Harris Methodist Hospital Fort Worth acquired an on-campus surgery center and renamed it Texas Health Outpatient Surgery Center Fort Worth. – less