Texas Health Resources

What it reported doing in 2024

Texas Health Harris Methodist Hospital Southwest Fort Worth ("THSW") is a 261-bed hospital serving the communities of Fort Worth, Benbrook, Crowley, Aledo and Granbury since 1987. Providing advanced medical treatments to Tarrant County and beyond, THSW received its first Magnet designation in 2016 and was redesignated in 2022. The facility also holds Primary Heart Attack Center and Primary Stroke Center designations from The Joint Commission. THSW is a Level III trauma center specializing in back and spine, heart and vascular, imaging services, orthopedic and sports medicine, among other key services. Expanding its NICU from 8 beds to 16 in April 2020, the hospital also holds Maternal and NICU Level III designations from the Texas Department of State Health Services. A third cardiac catheterization and electrophysiology lab opened on the hospital's campus in 2024. Texas Health Clearfork, which holds Advanced Certification for Total Hip and Knee Replacement, is part of THSW focused on joint replacement and back and spine care. More than 1,296 employees work at the hospital, and more than 635 physicians are practicing on the medical staff. During the year, THSW had 60,256 patient days, 15,616 discharges, 96,887 outpatient encounters, 71,377 emergency room visits and 3,022 births. THSW provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay. The hospital 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. Recognizing its mission to the community, services are provided to both financially indigent and medically indigent patients.

Financial Efficiency

• Mission deployment rate: 73.4%; rating input score 73
• Program expense ratio: 82.2%; rating input score 82
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 19.6%; rating input score 20; 7th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 80%; rating input score 80; 28th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 10.7%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 0.64; rating input score 25; 25th percentile among comparable filings
• Liabilities to assets ratio: 0.13; rating input score 79; 79th percentile among comparable filings
• Officer compensation ratio: 1.6%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: 5.6% per year; rating input score 100; 46th percentile among comparable filings
• Revenue growth: 6.7% per year; rating input score 100; 58th percentile among comparable filings
• Asset growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings