Plano Company Inks Five-year Deal to Manage Struggling North Texas Hospital

Plano-based Community Hospital Consulting has finalized a five-year management agreement to try to right the ship at Gainesville-based North Texas Medical Center, the company said this week. The group, which is the management and consulting arm of Community Hospital Corporation, will take over operations on May 1. The agreement follows news in January that a previous hospital management company was dropping out of its agreement. That company, Pennsylvania-based Universal Health System, took the reigns after NTMC filed for bankruptcy in Dec. 2016. The Gainesville Hospital District Board of Directors voted unanimously in favor of the agreement with CHC Consulting. A… Full Story