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The administration of an RMA is overseen by a board of directors. The Governor of Texas appoints the chairman of the board. The commissioner's court of each county appoints a minimum of two board members. Board members serve two-year terms. Board members cannot be elected officials and must reside within the county they represent.
Founded in 1925, it is the primary teaching hospital for McGovern Medical School (formerly The University of Texas Medical School at Houston (UTHealth Medical School)) and the flagship location of 13 hospitals in the Memorial Hermann Healthcare System. It is one of two certified Level I Trauma Centers in the greater Houston
Memorial Hermann–Texas Medical Center (formerly known as Hermann Hospital before the 1997 merger with Memorial Health Care System) was opened in 1925. It was the first of two hospitals with a Level I trauma center rating to be located in Houston, inside the Texas Medical Center. [3]
The Memorial Hermann Healthcare System constructed the six-floor, 165,000-square-foot (15,300 m 2) Memorial Hermann Heart & Vascular Institute. Also recently completed around 2006 was the 30-story Memorial Hermann Medical Plaza, which is now the largest medical office building in the Texas Medical Center.
The headquarters of the health care system are located in the Memorial Hermann Tower. The headquarters were scheduled to move there from a facility on Interstate 69/U.S. Highway 59 (Southwest Freeway) in mid-2010. In 2006 developers stated that the Memorial Hermann Tower would be the tallest building in the I-10 corridor in western Houston.
The Chemed acquisition set off a new flurry of investing in the burgeoning field, with hedge funds and other health care companies making acquisitions. Since 2000, the hospice industry has more than quadrupled in size, according to the most recent federal data from the Medicare Payment Advisory Commission.