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TCU rises 20 places on influential U.S. News & World Report ranking

St. John's College in Annapolis, Md., has long disdained the rankings game. The liberal arts school, which focuses on the great works of Western civilization, was known for not responding to requests from U.S. News & World Report for information that the magazine uses to sort the nation's colleges.

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Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

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Barnett still packs economic punch, study finds

Despite reduced drilling and unstable gas prices, Fort Worth continues reaping the rewards of the Barnett Shale, according to a newly released study by The Perryman Group.7

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Time to make more Do-Nuts in DFW

Shipley Do-Nuts has signed a development agreement with Adkins Development Corp. to accelerate expansion in the Dallas-Fort Worth market.

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Leo's Foods to shutter Fort Worth plant, lay off 84

In a filing with the Texas Workforce Commission, Leo’s Foods will begin terminating employees over a 14 day period beginning Oct. 10.

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USMD Holdings increases owership of hospital

 

USMD Holdings Inc., a publicly held physician-led integrated healthcare system headquartered in Irving, said Sept. 16 that USMD Hospital Division, its wholly owned subsidiary, has acquired a 17.96 percent ownership interest in USMD Hospital at Arlington from a group of individual physicians and physician-owned entities.
This acquisition increases USMD’s ownership in the Arlington hospital to 45.4 percent. Texas Health Resources will retain its 51 percent ownership interest in the hospital.


This transaction eliminates any direct ownership of USMD Hospital at Arlington by referring physicians. The Affordable Care Act, signed in March 2010, amended the federal physician self-referral law and significantly limited the ability of physician-owned hospitals to expand. With the transition in ownership, the law no longer applies to USMD Hospital at Arlington and the hospital will, again, have the opportunity to add new operating rooms, procedure rooms, and inpatient beds and services, as needed, to meet the expanding needs of patients in Arlington.


“The transition of ownership at USMD Hospital at Arlington has been in development for years and we’re excited to finalize this transaction and increase USMD’s ownership in the hospital,” said Dr. John House, chairman and chief executive officer of USMD Holdings. “This gives the hospital the opportunity to increase its service offerings even further to better meet the needs of the Arlington community.”
This transition comes in conjunction with USMD Hospital at Arlington’s 10-year anniversary.
USMD Hospital Division has been the managing partner of USMD Hospital at Arlington LP since its inception and it will continue to serve in those capacities.
USMD Holdings Inc. trades on the Nasdaq under the symbol “USMD.”

bdillard@bizpress.net
 

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?