August 21, 2014 3:24 AM ET

Healthcare Providers and Services

Company Overview of Texas Medical Center Corporation

Company Overview

Texas Medical Center Corporation, a medical center, provides healthcare services. Its services include child care, cancer treatment, heart care, and organ transplantation; and care for terminal illness, mental health, and wellness and prevention. The company also provides women’s and men’s apparel, and non-apparel products through its online company store; and emergency response services. Texas Medical Center Corporation was founded in 1945 and is based in Houston, Texas.

2450 Holcombe Boulevard

Suite 1

Houston, TX 77021

United States

Founded in 1945

Phone:

713-791-6161

Fax:

713-791-6162

Key Executives for Texas Medical Center Corporation

Chief Executive Officer and President
Age: 56
Chief Financial Officer and Executive Vice President
Chief Operating Officer and Executive Vice-President
Age: 42
Executive Vice President of Methodist Hospital
Senior Vice President
Compensation as of Fiscal Year 2014.

Texas Medical Center Corporation Key Developments

The Texas Medical Center Announces New Strategic Plan Leads to Job Cuts

The Texas Medical Center (TMC) will kick off a strategic plan within the next two weeks that will better align the group's 52 institutions, and it is reducing its workforce by about 24% as part of the plan. In creating the plan, one of the first things TMC focused on was the organization's operational efficiency. TMC found that there were too many layers of management. As a result, TMC reduced its layer of management by 56%.

Texas Medical Center Corp. Announces Executive Changes

Texas Medical Center Corp. announced that it has named Dr. Robert Robbins its new president and CEO. Robbins currently is professor and chairman of the department of cardiothoracic surgery at Stanford University and director of the Stanford Cardiovascular Institute. His appointment is effective November 5, 2012. He will succeed Dr. Richard Wainerdi, who plans to retire at the end of 2012 after leading the center for more than 25 years.

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