Olney Hamilton Hospital Foundation Reports Strong Year

The Olney Hamilton Hospital Foundation reported a strong financial year, re-elected its sitting board leadership, and approved funding for new medical equipment during its annual meeting on April 13.

The OHH Foundation board approved a request by the hospital administrator to spend up to $190,000 in foundation funds to purchase a new C-arm imaging unit, a piece of equipment administrators said is critical to expanding surgical and pain management services.

Hospital administrator Mike Huff told the board the beyond its limits.

“We used it so much, we actually wore it out,” he said.

The new unit will allow physicians to view real-time imaging during procedures and, once the new hospital opens, could enable multiple procedures to be performed at the same time.

The Foundation reviewed financial statements showing significant growth in both donations and investments over the past year. Total assets climbed to approximately $3.75 million, with foundation board president Mark McClelland describing it as “a really, really good yea.r”

“This is substantially more than we have ever done,” board member Steve Atchley said.

The foundation’s investment portfolio also saw strong retnusr, growing more than 16 percent in 2025 and pushing the fund balance above $3.5 million by the end of the year.

Board members also received an update on construction of the new hospital, which Mr. Huff said remains on schedule and within budget.

“The two words that I like whenever I’m in the middle of a construction project is ‘on time’ and ‘under budget,’” he said.

Hospital operations are improving alongside the construction effort.

Mr. Huff reported that net revenue has increased significantly while expenses have grown at a slower pace, allowing the hospital to strengthen its financial position.

Growth in surgical services and specialty procedures has played a key role in that increase, allowing more patients to receive care locally rather than traveling to larger cities.

The hospital has also maintained a low employee turnover rate — around 4 to 5 percent — well below the national average for rural hospitals, which Mr. Huff said contributes directly to patient care.

“That’s good for quality patient care when you don’t have turnover,” he said.

In addition, Mr. Huff told the board the hospital was recently recognized as a top-performing critical access hospital in Texas by a national consulting firm, the only facility in the state to receive the designation this year.

Before adjourning, the board voted to keep its current slate of officers - Mr. McClelland as president, Carl Craig, who also serves on the OHH board, as vice president, and Lyndsay Stephens as secretary - in place for another term, maintaining continuity as the foundation moves into a period of significant growth and potential future projects tied to the hospital campus.