Value - Reinvested Earnings
When your not-for-profit community hospital is financially profitable, it means that we can reinvest earnings to fund growth out of surplus instead of having to go back to you, the taxpayer, for additional dollars.
How we reinvest earnings
- Physician and Chair recruitment
- Medical School -- upgrade of clinical departments
- Fellowship programs
- Expansion of clinical programs and services
- Expansion of Health Care Options
- HCO Plan was increased from 50% of FPL to 100% FPL (Federal Poverty Level)
- More than 12,000 El Paso families are enrolled in the HCO program
- CarePlus
- Families earning greater than 100% of FPL but less than 200% FPL
- These facility improvements were funded out of surplus:
- $16.5 million infrastructure improvements
- $12.3 million Northeast clinic construction
- $7 million second floor construction of PICU, CVICU
- $14.67 million improvements 5th,6th and 7th floors
- $7 million new medical equipment
- $4.5 million MRI & CT
Recent News
- 5/02/13 University Medical Center Foundation Announces $30,000 Grant From The Susan G. Komen Foundation For Sobreviviendo El Cancer De Seno Program
- 5/02/13 UMC Foundation Awarded $95,000 Grant From The Marsh Foundation To Purchase Halo System To Treat Patients With Esophageal Cancer
- 5/02/13 University Medical Center Foundation Awarded $343,422 Grant From Medcares To Support El Paso Children's Hospital Child Abuse Clinic.
- 3/20/13 $40,000 Gift To Be Presented To Dr. Bradley Furhman, Physician-In-Chief At El Paso Children's Hospital
- 2/28/13 University Medical Center Foundation Awarded $3,000 Grant From Shiloff Foundation