Marble Falls hospital project meets jobs goal for $302,000 payout


MARBLE FALLS — For the second year in a row, Scott & White Healthcare achieved a jobs creation benchmark, making it eligible for hundreds of thousands of dollars in reimbursement from the Marble Falls Economic Development Corp. officials said.

Marble Falls EDC announced Aug. 6 a more than $302,000 reimbursement due to the healthcare facility’s creation of 52 jobs this year at the Scott & White Speciality Clinic-Marble Falls, 800 Texas 71 West just off U.S. 281. Last year, hospital officials collected about $347,000 after creating 65 jobs.

The payouts coincide with multiple phases of the project, which will culminate with a hospital in the second quarter of 2015.

“Over two years, they’ve created 116 new jobs in Marble Falls at a pay rate substantially higher than what our median or average wage rate is,” EDC Executive Director Christian Fletcher said.

The speciality clinic opened its doors in June 2013. Services within the 66,000-square-foot, three-story facility, which houses 15 specialties, include cardiology, dermatology, orthopedic surgery and gynecology. Other services soon to be offered are cancer treatment and obstetrics.

In 2012, EDC officials drafted the performance agreement with Scott & White as reimbursement incentives for facility expenses tied to roads, water and wastewater infrastructure.

Scott & White could receive as much as $2.5 million total in five years if hospital officials continue to meet performance agreement goals, including a 200-plus new jobs target by the end of the next fiscal year.

“The economic impact report indicates that just under a billion dollars of economic impact over the next 10 years. That takes into account the construction window for the clinic and hospital and the full-time operation at their capacity as well as direct and indirect impact,” Fletcher said. “If we were to look at that, roughly $100 million per year is roughly a 33 percent increase of the activity compared to what we see today.”

Construction is continuing at the 120-acre Hurd Regional Medical Center, which the specialty clinic is part of, including on an emergency room and a hospital tower expected to feature 46 medical/surgical and intensive-care unit beds within a 200,000-square-foot facility. The projected completion date is by the second quarter of 2015.

One Response to “Marble Falls hospital project meets jobs goal for $302,000 payout”

  1. Roy says:

    That,s all fine and good but where are all the houses that were supposed to be going up in that development next to S&W?. The one called Flatrock. Seems to me all those fine hospital workers need homes now dont they.


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