Good times for Dallas-Fort Worth hospitals

The average operating margin for leading hospital systems in the Dallas-Fort Worth area from 2018 to 2021 was very strong. All the systems below are nonprofit, except HCA.

Cook Children's 11.9%
HCA* 8.5%
Children's Health 8.3%
Baylor Scott & White 7.4%
Texas Health Resources 5.9%
National average** 5.9%

Notes:

*HCA is based in Tennessee but owns 14 hospitals in the Dallas-Fort Worth area
**Average aggregate operating margin for U.S. hospitals covers only 2018-20

Source: KHN analysis of health system financial statements, Medicare Payment Advisory Commission

Credit: Noam N. Levey/KHN and Alyson Hurt/NPR