Harrington Regional Medical Campus (HRMC) and the Amarillo Area Foundation (AAF) announced earlier today that the continued administration and development of HRMC will fall to a newly formed entity with a Board of Directors comprised of members representing both Boards, according to Marvin Franz, Executive Director & CEO of HRMC and Clay Stribling, President & CEO of the Amarillo Area Foundation. This is all pending board approval.
The early development of The Medical Center was conducted through the Amarillo Area Foundation until 1984, when the Foundation’s Board of Directors recognized that a separate organization (HRMC) was necessary to concentrate on the aggressive growth and development of the massive land holdings that began with 300 acres of donated land by Amarillo pioneer and philanthropist, Caroline Bush Emeny.
Harrington Regional Medical Campus now encompasses 430 acres, and has an alliance of 35 member/resident institutions.
It currently serves more than 1 million residents annually over a five-state region, and it generates more than $2 Billion in business activity in the Amarillo area.
“Our vision, said Franz, “is that all people will experience improved quality of life through exceptional healthcare, education and research. We believe that this decision to collaborate with the AAF is a more effective and fiscally responsible utilization of these resources with greater benefits to the people of our area.”
“We are extremely excited to be working with HRMC to improve the quality, availability and effectiveness of healthcare in our region. This new entity will provide an efficient platform for coordination of healthcare services, and is a testament to the commitment of AAF and HRMC to the needs of area residents,” said Stribling.
In addition, the newly created combined Board of Directors for HRMC will result in increased scholarship opportunities and benefits to non-profits that impact healthcare, education and research, according to Franz.