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Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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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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