Texas Health Presbyterian Hospital… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

Fraser Hay

Phone

9729818000

Tax Period

2023-01-01 to 2023-12-31

Texas Health Presbyterian Hospital Plano, founded in 1991, is a major nonprofit in the Health Care sector that reported $551.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $99.9M, a strong 18% operating margin.

Mission

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.

Program Service Accomplishments

Program 1

Expenses: $369,028,765 Revenue: $547,901,124

Texas Health Presbyterian Hospital Plano is a 386-bed, Magnet-designated hospital and a recognized clinical leader, providing technologically advanced care to Plano, Frisco and surrounding...

Texas Health Presbyterian Hospital Plano is a 386-bed, Magnet-designated hospital and a recognized clinical leader, providing technologically advanced care to Plano, Frisco and surrounding communities since 1991. This full-service facility features a comprehensive range of specialties, including emergency medicine, cardiology, adult and adolescent behavioral health, advanced surgical services and the only AACN Beacon Gold adult intensive care unit in the DFW area. Texas Health Plano has more than 1,700 employees and over 1,300 physicians on its medical staff in more than 65 specialties. The hospital has achieved both Level IV NICU and Level IV Maternal facility designations, Level II Trauma designation, DNV-certified Comprehensive Stroke Program, and accredited by The Joint Commission in Hip and Knee Replacement and as a Primary Heart Attack Center. THP had 102,250 patient days, 19,681 discharges, 3,276 births, 93,001 outpatient encounters, and 53,344 emergency room visits during the calendar year. THP provides quality medical healthcare services regardless of the patient's race, creed, sex, national origin, handicap, age, or ability to pay. THP provides care to persons covered by governmental programs, including Medicare and Medicaid, for reimbursement that does not always cover the cost of providing the care. THP also provides charity care to patients who are unable to pay for the services they receive.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $796,594

Program Service Revenue $547,704,094

Investment Income $6,824

Other Revenue $3,134,469

TOTAL REVENUE $551,641,981

Expense Breakdown

Grants Paid $1,907,931

Salaries & Benefits $194,704,194

Fundraising Expenses $0

Program Expenses $369,028,765

Other Expenses $255,132,447

TOTAL EXPENSES $451,744,572

Year-over-Year Comparison

	2023	2022	Change
Revenue	$551,641,981	$504,521,796	+0.1%
Expenses	$451,744,572	$426,293,621	+0.1%
Net Income	$99,897,409	$78,228,175	+0.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

2240

Volunteers

148

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$10,247,706

Total Directors

$4,698,354

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BerdanBarclay E	THR CEO/Trustee	0.64	Officer Director	$0	$1,016,271	$4,621,716
McWhorterRicky E	Former Officer	0.0		$0	$325,006	$1,840,778
KramerKenneth J	Assistant Secretary	0.5	Officer	$0	$235,245	$1,442,048
FlorenJoshua Andrew	Former Officer	0.0		$0	$187,688	$855,375
HadzimaStephen Kenneth	Chief Qual & Med Officer THP	40.0	Officer	$682,088	$131,073	$813,161
JacksonDavid W	Assistant Secretary	0.5	Officer	$0	$165,877	$680,985
HayFraser Scott	President THP	40.0	Officer	$516,022	$130,900	$646,922
MasseyLaura A	Chief Nursing Officer THP	40.0	Officer	$362,112	$68,693	$430,805
CantuStacy G	Corporate Secretary	0.5	Officer	$0	$71,659	$424,847
ThrashAmanda Shelby	Former Officer	0.0		$0	$84,273	$416,528
GildonLisa	Grp Fin Officer THP Term 06/23	12.0	Officer	$171,437	$65,208	$400,234
GeerNicholas	Grp Finan Officer THP-THA	12.0	Officer	$109,822	$64,123	$356,884
FugatePaige	Former Officer	0.0		$0	$70,265	$337,266
McCordKari	ASSOC CNO THP Term 09/2023	32.0	Highest	$152,711	$74,104	$317,675
EstradaFloranito	RN II CHARGE	40.0	Highest	$214,795	$50,680	$265,475
KeohavongSam	SUPV NRSG	40.0	Highest	$210,782	$43,079	$253,861
CoxValerie J	PHARMACIST CLIN	40.0	Highest	$204,950	$48,251	$253,201
BuenafeJerald C	RN IV CHARGE	40.0	Highest	$222,875	$24,327	$247,202
CollinsChad M	VP Prof Svcs-Operations THP	40.0	Officer	$206,115	$20,508	$226,623
LedbetterJennifer A	VP Prof Svcs-Service Lines THP	40.0	Officer	$198,307	$5,174	$203,481
Chhutani MD Sheila	Trustee	0.03	Director	$0	$0	$76,638
Vigness MD Richard	Chair	0.03	Director	$0	$0	$0
Hunt Hunter	Vice Chair	0.03	Director	$0	$0	$0
Wilder Jr Charles	Immediate Past Chair	0.03	Director	$0	$0	$0
Bernstein Kenneth	Trustee	0.03	Director	$0	$0	$0
Braun JD Vianei Lopez	Trustee	0.03	Director	$0	$0	$0
Guyton Michael	Trustee	0.03	Director	$0	$0	$0
Haggar III Joseph	Trustee	0.03	Director	$0	$0	$0
Hum MD Lawrence	Trustee	0.03	Director	$0	$0	$0
Iruegas Javier	Trustee	0.03	Director	$0	$0	$0
Montgomery Lynn	Trustee	0.03	Director	$0	$0	$0
Nunez MD Ignacio	Trustee	0.03	Director	$0	$0	$0
Reeves Kenneth	Trustee	0.03	Director	$0	$0	$0
Weeks DNP Susan	Trustee	0.03	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$551,641,981	$451,744,572	$253,071,757	$99,897,409
2022	$504,521,796	$426,293,621	$228,422,597	$78,228,175
2021	$484,213,485	$395,841,379	$217,106,675	$88,372,106
2020	$432,790,162	$364,327,637	$217,984,627	$68,462,525
2019	$452,019,442	$379,446,543	$227,426,431	$72,572,899
2018	$429,606,732	$360,614,864	$227,211,509	$68,991,868

Texas Health Presbyterian Hospital Plano