Overview
What is Texas Health Presbyterian Hospital Plano?
Texas Health Presbyterian Hospital Plano, a 386-bed, Magnet-designated hospital located in Plano, Texas, serves the communities of Plano, Frisco, and surrounding areas since 1991. This full-service, faith-based facility offers advanced care in various specialties, including emergency medicine, cardiology, behavioral health, pediatrics, adult intensive care, and state-of-the-art surgical services. With over 1,600 employees and 1,360 physicians on its medical staff, the hospital boasts a Level III NICU and is an Advanced Level II Trauma Facility, accredited Chest Pain Center, and recognized as the Best Place to Have a Baby in Collin County. Despite providing quality medical care to all, the hospital faces financial challenges due to reimbursement from governmental programs like Medicare and Medicaid, and also offers charity care to patients who cannot pay. The mission of Texas Health Presbyterian Hospital Plano is to enhance the health and wellbeing of the people it serves, regardless of their financial capabilities.
Official website here: www.texashealth.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%
Texas Health Presbyterian Hospital Plano has achieved a Four-Star out of Four Star rating, reflecting its strong performance in accountability and finance. The organization scored exceptionally well across various metrics, including a perfect score for its audit and oversight committee as well as for its conflict of interest and whistleblower policies. The majority of its board members are independent, which enhances its governance and transparency.
The hospital demonstrates effective financial management with a low liabilities to assets ratio of 15.47%, indicating a solid financial foundation. Furthermore, the program expense ratio of 82.69% suggests that a significant portion of its expenditures is directed toward its core mission and services, which is a positive sign for donors and stakeholders.
While the organization has shown commendable strengths, it is important for potential supporters to remain informed about ongoing performance and any future challenges. Overall, Texas Health Presbyterian Hospital Plano's high rating reflects its commitment to responsible management and a focus on delivering healthcare services.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Health Presbyterian Hospital Plano legitimate?
Texas Health Presbyterian Hospital Plano is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Health Presbyterian Hospital Plano submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,431,752
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,146,119
For more financial information, click here
Official website here: www.texashealth.org
What is the mission statement of Texas Health Presbyterian Hospital Plano?
Texas Health Presbyterian Hospital Plano is a faith-based organization dedicated to enhancing the health of the communities it serves, irrespective of people's ability to pay. This mission-driven hospital has been a clinical leader since 1991, providing comprehensive healthcare services in various specialties like emergency medicine, cardiology, and pediatrics. Regardless of race, creed, sex, national origin, handicap, age, or financial means, the hospital offers quality medical care to all. The hospital's patient population is diverse, with a significant number covered by government programs like Medicare and Medicaid. Despite the reimbursement often not covering the full cost of care, the hospital extends charity care to those unable to pay. With over 1,600 employees and over 1,360 physicians on its medical staff, Texas Health Presbyterian Hospital Plano is committed to serving its community with compassion and dedication.
Official website here: www.texashealth.org
Who is the CEO of Texas Health Presbyterian Hospital Plano?
Fraser Hay is the Principal Officer of Texas Health Presbyterian Hospital Plano. The CEO's salary of Texas Health Presbyterian Hospital Plano is $0 and their total compensation is $3,806,117.
Official website here: www.texashealth.org
What is the revenue of Texas Health Presbyterian Hospital Plano?
Texas Health Presbyterian Hospital Plano's revenue in 2022 was $504,521,796.
Official website here: www.texashealth.org
Who are the executives of Texas Health Presbyterian Hospital Plano and what are their salaries?
The average compensation at Texas Health Presbyterian Hospital Plano during 2022 was $69,454. There are 2312 employees and 175 volunteers at Texas Health Presbyterian Hospital Plano.
Here are 31 key members and their salaries (Texas Health Presbyterian Hospital Plano's CEO's salary is $0 and their total compensation is $3,806,117):
- Compensation: $0
- Related: $3,378,414
- Other: $427,703
- Compensation: $0
- Related: $1,477,178
- Other: $157,209
- Compensation: $0
- Related: $1,190,704
- Other: $140,137
- Compensation: $696,382
- Related: $0
- Other: $101,588
- Compensation: $311,380
- Related: $305,548
- Other: $123,635
- Compensation: $0
- Related: $524,017
- Other: $129,601
- Compensation: $217,554
- Related: $275,832
- Other: $98,654
- Compensation: $0
- Related: $389,083
- Other: $68,685
- Compensation: $355,488
- Related: $0
- Other: $62,598
- Compensation: $366,618
- Related: $0
- Other: $49,128
- Compensation: $188,120
- Related: $137,947
- Other: $39,755
- Compensation: $0
- Related: $270,945
- Other: $69,947
- Compensation: $183,963
- Related: $48,242
- Other: $49,257
- Compensation: $218,112
- Related: $0
- Other: $43,003
- Compensation: $213,684
- Related: $0
- Other: $43,259
- Compensation: $206,514
- Related: $0
- Other: $44,318
- Compensation: $203,439
- Related: $0
- Other: $36,714
- Compensation: $0
- Related: $97,456
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.texashealth.org
Where can I find the form 990 for Texas Health Presbyterian Hospital Plano?
Texas Health Presbyterian Hospital Plano's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texashealth.org
Learn more at the official website: www.texashealth.org
Mission Statement of Texas Health Presbyterian Hospital Plano
Texas Health Presbyterian Hospital Plano, a faith-based organization, is dedicated to enhancing the health and well-being of individuals in the communities it serves, disregarding their capacity to pay. Established more than three decades ago, this hospital has been a clinical leader in Plano, Frisco, and surrounding areas, offering advanced care and a comprehensive range of specialties.
Texas Health Presbyterian Hospital Plano, with its 386 licensed beds, is renowned for its emergency medicine, cardiology, behavioral health, pediatrics, adult intensive care unit, and state-of-the-art surgical services. This full-service facility prides itself on its Level III NICU and boasts over 1,600 employees and over 1,360 physicians on its medical staff, catering to more than 65 specialties. The hospital's accolades include Advanced Level II Trauma Facility, Chest Pain Center accreditation by The Joint Commission, recognition as the Best Place to Have a Baby in Collin County, and Gold-Level Mother Friendly business status. Additionally, the hospital has received Disease-Specific Care Certifications in Chest Pain, Hip Joint Replacement, Knee Joint Replacement, and an Advanced Certification as a Primary Stroke Center.
Texas Health Presbyterian Hospital Plano's mission extends beyond providing exceptional healthcare services. The organization serves a diverse population and offers care to those covered by governmental programs like Medicare and Medicaid, despite reimbursements that often do not fully cover the cost of care. Furthermore, the hospital offers charity care to patients who are financially unable to pay for their treatment. This unwavering commitment to serving all members of the community, regardless of their financial situation, sets Texas Health Presbyterian Hospital Plano apart as a compassionate and dedicated healthcare provider.
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Impact
October, 2024
Texas Health Presbyterian Hospital Plano (THP) plays a crucial role in improving health outcomes for the communities of Plano, Frisco, and surrounding areas. With a capacity of 386 licensed beds, the hospital is a state-of-the-art, Magnet-designated facility that delivers a comprehensive range of services. These include emergency care, cardiology, behavioral health, pediatrics, and advanced surgical services, alongside specialized units like the Level III Neonatal Intensive Care Unit (NICU).
The impact of THP is evident in its robust medical infrastructure, comprising over 1,600 dedicated employees and a medical staff of more than 1,360 physicians across 65 specialties. This extensive workforce allows the hospital to conduct a significant volume of care, with over 99,000 patient days, nearly 19,000 discharges, and more than 50,000 emergency room visits reported in a single year.
As an Advanced Level II Trauma Facility and accredited Chest Pain Center, THP provides critical services to patients in urgent need of specialized care. Its accolades, including being named the Best Place to Have a Baby in Collin County and receiving Joint Commission disease-specific care certifications, underscore its commitment to excellence in healthcare delivery.
THP is particularly impactful in promoting health equity, offering care to all individuals regardless of their background or financial situation. The hospital ensures access to essential services for those covered by governmental programs like Medicare and Medicaid, even when reimbursements fall short of covering costs. Additionally, THP provides charity care for patients who are unable to afford medical services, emphasizing its mission to serve the community with compassion and dedication.
In summary, Texas Health Presbyterian Hospital Plano significantly enhances the health and well-being of the local population through its comprehensive services, commitment to high-quality care, and efforts to make healthcare accessible to all, regardless of economic circumstances.
This information is meant to be a general summary of Texas Health Presbyterian Hospital Plano. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,835
- Program Service Revenue: $499,981,273
- Gross Receipts: $504,729,458
Assets and Liabilities:
- Total Assets: $228,422,597
- Total Liabilities: $35,341,847
- Net Assets: $193,080,750
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$498,013,070
MEDICARE/MEDICAID ADJUSTMENT
Revenue
$1,658,690
IC AFFILIATED SERVICE FEES
Revenue
$220,409
EDUCATION
Revenue
$89,104
Organization Details
Founding Year
1991
Phone
(972) 981-8000Principal Officer
Fraser Hay
Main Address
6200 W Parker Rd, Plano, TX, 75093
Website
www.texashealth.orgNTEE Category
Code: E22 - Health
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