ABOUT PHYSICIAN-OWNED HOSPITALS
safety, quality, and innovation for patients
With over 60 facilities, Texas has the largest number of physician-owned facilities in the nation. While physician-owned hospitals are represented in a variety of forms – traditional community hospitals, children’s hospitals, specialty hospitals, and joint ventures with non-profit systems – they all have one thing in common, they are providing patients with the highest quality and safest health care possible.
The outstanding ratings achieved by Texas physician-owned hospitals in Medicare’s patient satisfaction ratings and clinical process of care measures represent the positive impact that these hospitals are having on our state’s health care delivery system. In July 2009, an Austin physician-owned hospital ranked first in the nation among all hospitals in the Centers for Medicare and Medicaid Services (CMS) Hospital Compare’s measure for the percentage of patients who survived a heart attack. A physician-owned hospital in Dallas had the nation’s lowest readmission rate for heart patients in the same survey. These are just a few of the outstanding honors regarding quality that Texas physician-owned hospitals have earned.
Patients have embraced this model. In Medicare’s 2011 patient satisfaction ratings, 82 percent of patients at 16 physician-owned hospitals in the Dallas-Fort Worth area indicated that they would definitely recommend their hospital to others. This is compared to 71 percent of patients at all Texas hospitals and 69 percent of all hospitals in the nation.
In 2008, Texas physician-owned hospitals witnessed a need for an industry voice in Austin. As a result, they created the Texas Physician Hospitals Advocacy Center, which is a 501(c)6 trade association for physician-owned hospitals.