Overview
What is Texas Health Hospital Frisco?
Texas Health Hospital Frisco is a 93-bed acute-care hospital based in Frisco, Texas, operated jointly by Texas Health Resources and UT Southwestern Medical Center. The facility, which began serving the North Texas Denton and Collin County areas in late 2019, offers a range of services including emergency care, heart and vascular, back & spine, orthopedics, imaging, nutrition, rehabilitation, digestive health, urology, women and infant care, wound care, and behavioral health. With a mission to enhance the health of the local community, regardless of their financial capabilities, the hospital had over 16,000 patient days, 4,700 discharges, 1,300 births, nearly 30,000 outpatient encounters, and over 21,000 emergency room visits during the year 2022. The hospital's services cater to individuals covered by government programs like Medicare and Medicaid, as well as providing charity care to those unable to pay. Employing approximately 760 individuals, Texas Health Hospital Frisco aims to improve the health and wellbeing of the people it serves.
Official website here: www.texashealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Texas Health Hospital Frisco has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score of 85% reflects a strong emphasis on financial transparency and governance, essential qualities for building trust with stakeholders. The organization has demonstrated a commitment to maintaining a high standard of fiscal responsibility, particularly through its well-audited financial statements and strong policies on conflict of interest and whistleblower protections.
One area of concern noted in the evaluation is the lack of independent board members, which received a score of 0 out of 8 points. While the board size is appropriate at 7 members, the absence of independent oversight could potentially raise questions about governance practices. Additionally, the organization did not meet expectations in posting its tax forms on its website, scoring 0 out of 4 points in that area, which could limit transparency for potential donors and stakeholders.
Despite these limitations, Texas Health Hospital Frisco excels in several key areas, such as its liabilities to assets ratio and its program expense ratio, indicating a healthy financial structure and effective resource allocation for its programs. Overall, while there are areas for improvement, the hospital demonstrates a commitment to accountable management and fiscal integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Health Hospital Frisco legitimate?
Texas Health Hospital Frisco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Health Hospital Frisco 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: $1,764,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,511,020
For more financial information, click here
Official website here: www.texashealth.org
What is the mission statement of Texas Health Hospital Frisco?
Texas Health Hospital Frisco is a faith-based organization dedicated to enhancing the health of the communities it serves, irrespective of the individuals' ability to pay. Its mission is to deliver quality healthcare services to all, regardless of their racial, creedal, or socio-economic background. The hospital offers various services, including an emergency department, heart and vascular care, orthopedics, imaging, rehabilitation, nutrition, and behavioral health. Despite receiving reimbursement from governmental programs like Medicare and Medicaid that may not cover the full cost of care, the hospital also extends charity care to those unable to pay for their services.
Official website here: www.texashealth.org
Who is the CEO of Texas Health Hospital Frisco?
Brett Lee is the Principal Officer of Texas Health Hospital Frisco.
Official website here: www.texashealth.org
What is the revenue of Texas Health Hospital Frisco?
Texas Health Hospital Frisco's revenue in 2022 was $151,964,667.
Official website here: www.texashealth.org
Who are the executives of Texas Health Hospital Frisco and what are their salaries?
The average compensation at Texas Health Hospital Frisco during 2022 was $64,836. There are 760 employees and 26 volunteers at Texas Health Hospital Frisco.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $1,477,178
- Other: $157,209
- Compensation: $0
- Related: $1,251,353
- Other: $249,433
- Compensation: $0
- Related: $580,805
- Other: $103,073
- Compensation: $508,990
- Related: $0
- Other: $91,648
- Compensation: $486,147
- Related: $0
- Other: $80,169
- Compensation: $0
- Related: $458,331
- Other: $50,101
- Compensation: $0
- Related: $389,083
- Other: $68,685
- Compensation: $376,027
- Related: $0
- Other: $64,425
- Compensation: $0
- Related: $315,188
- Other: $76,997
- Compensation: $182,547
- Related: $106,117
- Other: $61,744
- Compensation: $0
- Related: $270,945
- Other: $69,947
- Compensation: $283,683
- Related: $0
- Other: $43,412
- Compensation: $48,242
- Related: $183,963
- Other: $49,257
- Compensation: $210,690
- Related: $0
- Other: $63,259
- Compensation: $197,534
- Related: $0
- Other: $47,591
- Compensation: $139,427
- Related: $37,366
- Other: $17,795
- 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 Hospital Frisco?
Texas Health Hospital Frisco'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 Hospital Frisco
Texas Health Hospital Frisco, a faith-based organization, is committed to enhancing the health and wellbeing of the communities it serves, irrespective of the individuals' ability to pay. This mission statement highlights the hospital's dedication to providing essential medical services to all, regardless of their financial capabilities.
Established as a joint venture between Texas Health Resources and UT Southwestern Medical Center, Texas Health Hospital Frisco offers a comprehensive range of healthcare services, including emergency care, cardiology, orthopedics, imaging, nutrition, rehabilitation, and behavioral health, among others. With a focus on delivering top-quality medical care, the hospital serves the North Texas Denton and Collin County areas and accepts patients regardless of their race, creed, sex, national origin, handicap, age, or ability to pay.
The provision of care to patients covered by governmental programs, such as Medicare and Medicaid, forms an integral part of Texas Health Hospital Frisco's mission. Although these programs provide essential coverage, they do not always meet the full cost of delivering care to patients. To bridge this gap, the hospital extends charity care to patients who are unable to pay for the services they receive.
Texas Health Hospital Frisco's unwavering commitment to serving its community, regardless of financial circumstances, is a testament to its enduring mission. By prioritizing the health of its patients, the hospital fosters a strong bond with the communities it serves and plays a vital role in ensuring access to essential medical care for all.
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Impact
October, 2024
Texas Health Hospital Frisco (THF) significantly impacts the North Texas community by providing a comprehensive range of medical services that cater to the diverse needs of residents. With 93 licensed beds, this acute-care facility offers critical services including an emergency department, heart and vascular care, orthopedics, imaging, and specialized services for women and infants.
Since its opening on December 16, 2019, THF has handled substantial patient volumes, recording nearly 17,000 patient days, over 4,600 discharges, and conducting approximately 1,300 births in 2022 alone. The hospital's focus on access to healthcare is evident in its significant number of outpatient encounters and emergency room visits, demonstrating its role as a vital resource for urgent and ongoing health needs in the Frisco area.
Texas Health Hospital Frisco is dedicated to providing quality care across all demographics, ensuring that individuals receive necessary medical attention without regard to their financial situation. The facility supports patients covered by governmental programs and offers charity care for those unable to pay, thereby reducing barriers to healthcare access in the community.
Through these efforts, THF not only addresses immediate health concerns but also contributes to the overall well-being of the population, enhancing health outcomes, and fostering a healthier community in Denton and Collin counties.
This information is meant to be a general summary of Texas Health Hospital Frisco. 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: $440,865
- Program Service Revenue: $151,212,014
- Gross Receipts: $162,043,561
Assets and Liabilities:
- Total Assets: $260,145,757
- Total Liabilities: $20,760,336
- Net Assets: $239,385,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$151,149,391
MANAGEMENT FEES
Revenue
$55,033
EDUCATION
Revenue
$7,590
Organization Details
Founding Year
2018
Phone
(469) 495-2000Principal Officer
Brett Lee
Main Address
12400 Dallas Parkway, Frisco, TX, 75033
Website
www.texashealth.orgNTEE Category
Code: E20 - Health
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