November 24, 2014 4:33 AM ET

Healthcare Providers and Services

Company Overview of Memorial Hermann Healthcare System, Inc.

Company Overview

Memorial Hermann Healthcare System, Inc. operates a chain of acute care, children’s, and rehabilitation hospitals in Southeast Texas. The company offers services in the areas of burn and cancer care, children's health, diabetes and endocrinology, neuroscience, digestive health, emergency, heart and vascular, joint pain, lung and respiratory health, lymphedema, nutrition, ophthalmology, orthopedics and sports medicine, palliative care, physical and occupational therapy, rehabilitation, robotic surgery, sleep centers, surgery centers, transplant, weight loss, women's health and maternity, and wound care; neurosurgery, neurology, and stroke; and ear, nose, and throat. It also provides imaging a...

929 Gessner Drive

Suite 2600

Houston, TX 77024

United States

Founded in 1907

Phone:

713-448-5555

Fax:

713-448-4307

Key Executives for Memorial Hermann Healthcare System, Inc.

Chief Executive Officer
Chief Operating Officer
Age: 60
Chief Executive Officer of the Memorial Hermann Heart and Vascular Institute - Texas Medical Center
Chief Executive Officer of Children's Memorial Hermann Hospital
Chief Operating Officer of Memorial Hermann Northeast Hospital
Compensation as of Fiscal Year 2014.

Memorial Hermann Healthcare System, Inc. Key Developments

Memorial Hermann to Build New 80-Bed Hospital in Cypress

Memorial Hermann Health System is set to expand its world-class, clinically-integrated, patient-centered care to the Cypress area, unveiling plans to build a major medical campus -- the centerpiece being a new, 80-bed, hospital. The Memorial Hermann Health System board unanimously approved the $168 million project. Construction on Phase I of the Cypress project is scheduled to begin in early 2015. The campus will be built on a 32-acre site located on the northeast side of Highway 290, south of Mason Road and north of Mueschke Road. The Cypress campus will be designed and built with a forward-looking focus taking into consideration the area's current population of more than 355,000 residents, and an expected growth of nearly 100,000 more people over the next decade. Phase I of the project, scheduled to be completed in early 2016, will include a fully-licensed Emergency Center and Medical Office Building offering convenient, primary care and ambulatory services, with physician offices. Highlighting Phase 2 of the project will be the construction of an 80-bed, acute care hospital, slated for completion in 2017. The hospital will include: 8 operating rooms, a 16-bed Intensive Care Unit, Neonatal Intensive Care Unit, and 1 Cardiac Catheterization Lab (and 1 shelled lab). The Cypress campus master plan also includes the capacity to grow inpatient beds to 275 to accommodate future growth, as well as the construction of a dedicated Memorial Hermann Life Flight(R) helipad and space for two additional medical office buildings. The Cypress project represents the latest addition in Memorial Hermann's strategic growth initiative -- Breaking New Ground -- designed to meet current and future healthcare needs in the greater Houston region. The initiative includes the construction of a medical campus in Pearland featuring a 64-bed hospital, and multi-million dollar expansions at Memorial Hermann-Texas Medical Center, Memorial Hermann Katy Hospital and Memorial Hermann Sugar Land Hospital.

Memorial Hermann The Woodlands Hospital Announces Management Changes

Memorial Hermann Healthcare System named a new leader for its Woodlands hospital on June 17, 2014. Josh Urban has been named CEO of Memorial Hermann The Woodlands Hospital, replacing Steve Sanders. Sanders retired, and Urban's appointment is effective from June 1, 2014. Urban most recently served as COO of the hospital.

Memorial Hermann Announces $93 Million Expansion of its Sugar Land Campus

Memorial Hermann broke ground on a $93 million expansion of its Sugar Land campus on May 14, 2014. The project will upgrade the hospital's Emergency Center, expand surgical capabilities, and build both a second medical professional building and a new six-story, 155,000-square-foot patient tower. The first phase of construction will add eight beds to the hospital's Emergency Center, increasing the total to 26 beds, and will include a new surgical suite with full digital integration. A new Magnetic Resonance Imaging (MRI) machine and an Advanced Computed Tomography (CT) scanner will also be installed in the first phase, which is expected to be complete by the fall of 2014. Phase two involves the construction of a second professional office building and patient tower. The new professional office building will provide 100,000 square feet of combined physician offices, expanded sports medicine and rehabilitation services, and outpatient imaging. Construction of the new tower is expected to begin in early 2015. Highlights of this significant addition include an expanded nursery and neonatal intensive-care unit, additional medical surgical beds and four shelled operating rooms to accommodate future growth. In addition to facility expansion projects, Memorial Hermann continues to expand its services and medical specialties on the campus and all throughout the Greater Houston area.

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