Washington D.C.-based news outlet Healthcare Dive recently zoomed into North Texas for a piece about the highly competitive market and the out-of-the-box facilities that are thriving here. At the story’s core: The $100 million Walnut Hill Medical Center, which D Healthcare Daily profiled when it opened last April.
There’s a few interesting things to take away from the story: The fact that Texas is not a certificate-of-need state allows for more rapid growth and more competition, both for large systems and for standalone hospitals like Walnut Hill. Then there’s also the entrepreneurial spirit, which is evidenced by the rise of such facilities like Forest Park, as well.
And they seem to be catching on among those in the industry: Walnut Hill’s CEO, Cory Countryman, told the website that it’s received more than 7,000 applications, making it “tougher to get into (than) Harvard University.”