Most North Texas Hospital Systems Are Clearing More Than 10 Percent in Yearly Profits

Most North Texas Hospital Systems Are Clearing More Than 10 Percent in Yearly Profits: If you sit and listen to health provider executives, they will tell you about how they want to improve the quality of care while cutting costs. They have noble goals, but the numbers show that the North Texas healthcare market is raking in the cash with middling quality results. Almost all of North Texas' health systems have yearly 10 percent profit margins, and the most lucrative health systems have margins nearing 20 percent with yearly net incomes over $1 billion. According to the American Hospital Association's Hospital Statistics report, hospitals' average overall operating margin was 7.7% in 2016. According the Texas Health Market Review and CMS data, Texans spent $7,000 per person on healthcare in 2014, with hospital spending accounting for 38.6 percent of the total. The review looked at 2017 data for almost 400 acute care hospitals statewide, excluding VA hospitals. In 2017, the local systems that are income standouts are nonprofit system Baylor Scott and White and for-profit