With a population over 7 million, Dallas/Ft. Worth is the 4th largest metroplex in the United States. The DFW economy continues to be a key driver of business activity in the state. The area’s business community is diverse, including concentrations in corporate headquarters, logistics, technology, financial services and more. DFW and the surrounding area remain one of the best-performing economic regions, with the highest big-city job growth rate in the country and an unemployment rate of 3.7% - below the national average. This pattern is expected to continue. DFW benefits from a low cost of living, a business-friendly environment, a strong base of well-educated and skilled employees, no state income tax and exceptional access to both U.S. and world markets through its transportation network. DFW International Airport is the 3rd most connected airport in the country and can connect with every major city in the continental United States within 4 hours. Dallas–Fort Worth is consistently among the top places to work, the best places to live, and the best places for investment.

OVERVIEW-DALLAS, TEXAS

DFW Snapshot

  • 4th largest metroplex in the US

  • 4th largest civilian labor force (3.8 million)

  • 4th largest GDP in the country

  • Highest big city employment growth – 3% 

  • 360 new residents per day

  • Unemployment rate – 3.7%

  • 4 Global Fortune 500 and 20 Fortune 500 company headquarters (4th in US)

  • Safest big City in US 

  • 3rd most connected airport in the US and 9th busiest in the world

  • Cost of living - 12% below the national average

  • 3rd best sports city in the US 

  • Most valuable sports franchise in the world – Dallas Cowboys

(Sources: Dallas / Ft Worth COC / EDC, US Census 2015-2016, Cities Journal, Sports Illustrated, DAG Aviation Worldwide, Lincoln Harris CSG Research)

Frisco, Texas, with a population of 162,060, is a northern suburb of Dallas, located 25 minutes from DFW International Airport. Frisco is a robust, pro-business community with an extraordinary quality of life. The community offers a diverse, highly educated workforce and is home to some of the premier commercial and residential developments in the country. Frisco is the site of one of the most dynamic development concentrations in the United States – the $5 Billion Mile. The $5 Billion Mile represents $5 billion in mixed use, master-planned projects, either under construction or planned, within a 1-mile stretch along the Dallas North Tollway between Warren Parkway and Lebanon Road. Included within the $5 Billion Mile is Baylor Scott & White Sports Therapy and Research at the Star.

OVERVIEW-FRISCO, TEXAS

FRISCO SNAPSHOT

  • 300% population growth since 2000

  • Fastest growing city in the US for the decade 2000-2010 

  • Currently 12th fastest growing city in the US

  • 58.9% of population over 25 has a bachelor’s degree or higher

  • 3 professional sports team

  • Award winning school district

  • The Star, which includes the headquarters and training facility for the Dallas Cowboys

  • Home of the $5 Billion Mile (four mixed use developments within 1 mile)

(Sources: City of Frisco, City of Frisco EDC)

OVERVIEW-DFW HEALTHCARE / BAYLOR SCOTT & WHITE HEALTH

DFW is the beneficiary of a dynamic, innovative and competitive healthcare industry with high quality healthcare systems / providers. The top four systems control approximately 75% of the market (per inpatient discharges): Texas Health Resources, Baylor Scott& White Health, Medical City Healthcare, and Methodist Health System.  Health systems in DFW are moderately consolidated, but aggregation is increasing through acquisitions and joint ventures. Affiliations are also on the rise. The recent phase of new hospital construction has subsided and it is expected that capital will now be geared towards outpatient facilities, joint ventures, M&A, and expansion of specialty service lines. The large, independent physician groups are meaningfully influential and help drive clinical integration, ACOs and patient-centric medical homes. Physicians are investors in a number of joint ventures with hospitals and systems. Narrow networks and value-based reimbursements are driven, in large part, by the health plans.

BAYLOR SCOTT & WHITE SNAPSHOT

  • Baylor Scott & White is the largest health system in Texas with 48 hospitals, 40,000 employees and 900 patient access points

  • Baylor Scott & White has a DFW market share of 24% (based on inpatient discharges) with 37 hospitals in DFW and 3,173 beds (YE 2016)

  • Baylor University Medical Center is the top-ranking medical facility in DFW (9US News and World Report)

  • Clinical integration and population health management are key strategies for Baylor Scott & White

  • Baylor Scott & White has approximately 6,000 affiliated physicians plus over 920 employed physicians via HealthTexas Provider Network, a nonprofit subsidiary

  • Scott & White Health Plan has 48,721 local members

  • Baylor Scott & White has various JVs or alliance, including those with Tenet Healthcare, Baylor University Medical Center, Texas A&M Health Science Center, and Cleveland Clinic

  • Baylor Scott & White has partnered with the Dallas Cowboys to envision, design and develop Baylor Scott & White Sports Therapy and Research at the Star. The project will be completed in 2018.

(Source: Decision Resources Group December 2016)

GET IN TOUCH:

Nat Klein

Lincoln Harris CSG Healthcare Group

214-461-2325

nklein@lpc.com

Banks Newton

Lincoln Harris CSG Healthcare Group

214-461-2388

bnewton@lpc.com

CONTACT US: