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[8] [9] In 1999, the hospital was sold to Tulsa-based Hillcrest Medical Center, a locally owned non-profit organization, which already owned another hospital in Tulsa. [7] In 2004, the for-profit Ardent Health Services, also of Nashville, bought the Hillcrest system. [7]
This facility was combined in 1932 into a larger hospital on Pine Street, known as Tulsa Hospital Number Two. [3] It was renamed Moton Memorial Hospital in 1941. It closed in 1967, because it failed to qualify for Medicare benefits, but reopened the next year as Moton Health Center, and by 1983 is renamed Morton Comprehensive Health Service.
Currently, the University of Texas system owns a 30% share in the hospital while Ardent Health owns a 70% share. [7] In February 2020, Ardent Health Services president and CEO David T. Vandewater announced his plans to retire from the company. He will remained as president and CEO until a successor was named. [8]
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UT Health East Texas (UTHET) is a for-profit hospital system based in Tyler, Texas founded February 2018. [3] The system is jointly-owned by the University of Texas System (30%) and Ardent Health Services (70%), and was formed following a merger of the East Texas Medical Center and the University of Texas Health Science Center at Tyler. [4]
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