Dallas, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Texas Health Physicians Group, founded in 1996, is a major nonprofit in the Health Care sector that reported $613.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $872.1M exceeded revenue, resulting in a 42% operating deficit.
A FAITH-BASED ORGANIZATION WHOSE MISSION IS TO IMPROVE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES IT SERVES, REGARDLESS OF THEIR ABILITY TO PAY.
Texas Health Physicians Group (THPG) is a member of Texas Health Resources (THR) a large healthcare system located in North Texas. THPG has a provider network which is made up of more than 1,200...
Texas Health Physicians Group (THPG) is a member of Texas Health Resources (THR) a large healthcare system located in North Texas. THPG has a provider network which is made up of more than 1,200 primary care physicians, specialists, hospitalists, and advanced practice providers dedicated to providing safe, quality care for patients. The THPG provider network, along with the hospital system of THR allows the communities in North Texas the opportunity for access to unparalleled healthcare coverage. THPG physicians begin the healthcare journey by caring for the community before they ever become hospital patients. With more than 254 physician offices covering approximately 6,500 square miles, THPG physicians are able to provide care to patients across North Texas during every stage of life. Through providing care outside the acute care setting, THPG physicians are able to reach out to people who are otherwise healthy and begin engaging their lifestyles; and for patients with modest illnesses, begin engaging prevention measures. There were approximately 2,000,000 office visits in these physician offices. In addition to physician offices, THPG provides hospital physician services to hospitals within the THR system. These hospital physicians promote access and provide care to patients who require admission to THR hospitals. During 2023, THPG Physicians recorded approximately 683,000 inpatient visits for patients within THR facilities. THPG providers also performed 183,000 virtual visits in 2023. THPG has clinical affiliations with CVS and Dispatch Health in North Texas to provide consumers greater access to quality primary care that is convenient and affordable. THPG's physicians also play a large role in the leadership of care for each of the THR facilities. Positions held include medical staff leadership, service line program leadership, and medical directorships. THPG is also represented heavily through provider participation in THR ad hoc committees that initiate and implement health program initiatives. THPG providers and office staff are involved in community outreach in many areas. They also participate in various health fairs and free clinics in the communities they serve.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $613,383,283 | $552,831,006 | +0.1% |
| Expenses | $872,122,012 | $813,928,948 | +0.1% |
| Net Income | $-258,738,729 | $-261,097,942 | 0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HillBrandon | PHYS PRACTICE | 40.0 |
Highest
|
$2,358,082 | $52,094 | $2,410,176 |
| AjayiOlaide O | PHYS PRACTICE | 40.0 |
Highest
|
$2,127,993 | $63,495 | $2,191,488 |
| OoiYinn Cher | PHYS PRACTICE | 40.0 |
Highest
|
$1,925,675 | $69,333 | $1,995,008 |
| WongCyrus Chi-Ho | PHYS PRACTICE | 40.0 |
Highest
|
$1,807,057 | $55,712 | $1,862,769 |
| McWhorterRicky E | Former Officer | 0.0 |
|
$0 | $325,006 | $1,840,778 |
| DixonTanya S | PHYS PRACTICE | 40.0 |
Highest
|
$1,568,743 | $29,050 | $1,597,793 |
| ParsleyShawn D | President & COO THPG | 49.5 |
Officer
|
$1,157,043 | $358,771 | $1,515,814 |
| KramerKenneth J | Assistant Secretary | 0.5 |
Officer
|
$0 | $235,245 | $1,442,048 |
| Fowler JrDonald | Chair/PHYS PRACTICE | 40.0 |
Director
|
$808,998 | $54,606 | $863,604 |
| MyersLynn Marie | Chief Medical & Qual Offr THPG | 40.0 |
Officer
|
$739,198 | $75,558 | $814,756 |
| Rothbart MDDavid | Trustee | 0.5 |
Director
|
$0 | $87,241 | $703,329 |
| JacksonDavid W | Assistant Secretary | 0.5 |
Officer
|
$0 | $165,877 | $680,985 |
| AlcantaraEnedina E | Trustee/PHYS HOSPITALIST | 40.0 |
Director
|
$419,909 | $74,057 | $493,966 |
| YeohamLoraine N | Trustee/PHYS PRACTICE | 40.0 |
Director
|
$431,853 | $59,592 | $491,445 |
| MyintTwinkle Anne | V Chair/PHYS PRACTICE | 40.0 |
Director
|
$419,292 | $70,182 | $489,474 |
| AndersonMarquita Denise | Trustee/PHYS PRACTICE | 40.0 |
Director
|
$426,295 | $52,190 | $478,485 |
| BrightJeana A | Past Chair/PHYS PRACTICE | 40.0 |
Director
|
$391,500 | $66,842 | $458,342 |
| TaylorWalton Albert | Trustee/PHYS PRACTICE | 40.0 |
Director
|
$396,600 | $60,617 | $457,217 |
| NghiMinh Quang | Trustee/PHYS HOSPITALIST | 40.0 |
Director
|
$378,461 | $77,279 | $455,740 |
| SoderstromJennifer Lee | VP Transformation & Integ THPG | 40.0 |
Officer
|
$351,741 | $79,154 | $430,895 |
| CantuStacy G | Corporate Secretary | 0.5 |
Officer
|
$0 | $71,659 | $424,847 |
| PetersonLisa Kaye | Finance Officer Term 09/2023 | 40.0 |
Officer
|
$358,810 | $55,965 | $414,775 |
| ClayLori | VP Primary Care Ops THPG | 40.0 |
Officer
|
$351,010 | $60,562 | $411,572 |
| StephensonJennifer Lea | VP Specialty Care Ops THPG | 40.0 |
Officer
|
$340,637 | $58,773 | $399,410 |
| KharbandaAjay K | VP Hosptlsts & Post Acute THPG | 40.0 |
Officer
|
$335,600 | $61,811 | $397,411 |
| BourqueDreux Everette | VP Specialty Care Ops THPG | 40.0 |
Officer
|
$310,160 | $78,706 | $388,866 |
| NeurohrJeremy J | VP Primary Care Ops THPG | 40.0 |
Officer
|
$310,001 | $66,110 | $376,111 |
| RivasJose Antonio | Trustee/PHYS PRACTICE | 40.0 |
Director
|
$300,107 | $47,235 | $347,342 |
| BraxtonKenneth W | Assistant Secretary | 39.5 |
Officer
|
$0 | $38,671 | $293,681 |
| RickerRichard Douglas | Entity Finance Officer THPG | 40.0 |
Officer
|
$176,087 | $3,499 | $179,586 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $613,383,283 | $872,122,012 | $258,422,546 | $-258,738,729 |
| 2022 | $552,831,006 | $813,928,948 | $250,540,356 | $-261,097,942 |
| 2021 | $551,665,280 | $761,976,909 | $303,835,226 | $-210,311,629 |
| 2020 | $485,175,668 | $700,274,548 | $192,581,394 | $-215,098,880 |
| 2019 | $494,644,701 | $692,903,289 | $211,108,900 | $-198,258,588 |
| 2018 | $482,739,633 | $668,962,740 | $200,345,813 | $-186,223,107 |
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