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Texas Health Resources
Texas Health Resources was established in 1997 as a faith-based nonprofit health system. It provides acute care, outpatient services, and specialty facilities...
Texas Health Resources
Texas Health Resources was established in 1997 as a faith-based nonprofit health system. It provides acute care, outpatient services, and specialty facilities primarily in the Dallas-Fort Worth region. The system traces its operational scale to the merger of predecessor hospital entities and maintains a dedicated foundation arm for clinical and community programs. Investment activity spans public equities, real estate, and alternatives. Confirmed holdings include positions in Apple, Procter & Gamble, NVIDIA, and Microsoft. The portfolio also contains direct ownership of hospital campuses such as Texas Health Presbyterian Hospital Dallas and Texas Health Hospital Frisco, plus joint-venture interests in Southwestern Health Resources. Geographic exposure centers on North Texas with additional allocations managed through thematic vehicles covering global oil and gold markets. The organization employs 29,000 professionals and maintains related vehicles including the Texas Health Resources Foundation established in 1985. A March 2025 appearance at the DFW Institutional Investment Forum addressed AI applications in investment processes. Adjacent holdings include minority interests in healthcare IT startups such as DexCare and eVisit via Texas Health Resources Ventures. Governance centers on a nonprofit structure with executive oversight of both clinical operations and investment activities. Joint ventures with Aetna and UT Southwestern Medical Center create dedicated operating entities that separate insurance and academic medical functions from the core hospital system.
General information
Firm type
Endowment / Foundation
Year founded
1997
Location
Region
North America
Country
United States
City
Arlington
Corporate office
612 E Lamar Blvd, Arlington, TX, United States
Principals
Barclay E. Berdan
Chief Executive Officer
Rick McWhorter
Senior Executive VP and CFO
William B. Brown
CEO and Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Texas Health Resources?
Barclay E. Berdan serves as Chief Executive Officer. Rick McWhorter oversees investments and real estate in his role as Senior Executive VP and CFO.
Does Texas Health Resources participate in fund commitments or only direct deals?
The portfolio includes both direct real estate ownership and limited partner positions in alternative investments and venture vehicles such as Texas Health Resources Ventures.
What asset classes appear in the Texas Health Resources portfolio?
Holdings include public equities, commercial real estate, healthcare operating businesses, and thematic allocations to oil, gold, and cryptocurrency products.
Where does Texas Health Resources maintain its primary operations?
Core facilities and real estate holdings are concentrated in North Texas, with hospitals and outpatient centers in Dallas, Fort Worth, Frisco, and Arlington.
How is Texas Health Resources related to Formidable Asset Management?
Formidable Asset Management appears in merged records associated with the same firm_id and shares principals including William B. Brown.
Does Texas Health Resources maintain philanthropic structures?
The Texas Health Resources Foundation, established in 1985, supports clinical, educational, and research programs with annual grants exceeding $20M.
Which sectors does Texas Health Resources explicitly target through venture activity?
Texas Health Resources Ventures has taken limited partner positions in healthcare IT startups including Archehealth, DexCare, and eVisit.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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