Who We Are
On January 1, 2007, the Texoma Health Foundation (THF) was created from the sale of the non-profit Texoma Medical Center to Universal Health Services. As a new independent public health foundation THF became new to Texoma as a grantmaking organization, however, it was born from a legacy of healthcare and community spirit. Its history can debatably be traced all the way back to the Denison City Hospital that opened in 1914. Through several developments, closures and transitions, the Memorial Hospital opened to the community in the spring of 1965 and in 1976 changed its name to Texoma Medical Center (TMC). From inception TMC was known for being community-minded and for leading the area with the most current services and state-of-the art equipment.
In addition, TMC was one of the first in the area to establish a hospital foundation. TMC’s Foundation was also successful and well-respected in the community. Country music, Broadway and movie star, Reba McEntire, brought life to the Foundation when she agreed to put on a benefit concert for the charity in 1987. This beginning created what would become over twenty years of dedication to the charity from Reba that remains true today.
Throughout the years, Reba, along with countless leaders, donors and partners made the hospital, as well as its associated foundation, a great success.
However, like many nonprofit hospitals across the United States, the ever changing landscape in healthcare continued to be recognized by the TMC Board in the years immediately leading up to 2006. Concerned with challenging funding streams, the hospital was sold to Universal Health Services with the sale to be completed by the end of December, 2006. This sale created the new for-profit Universal Health Services Texoma Medical Center, in addition to establishing what is known as a conversion or “new” foundation created to preserve and protect the charitable assets that belonged to the nonprofit.