Hunt Memorial Hospital District Financial Summary – Fiscal Year Ended September 30, 2025

Annual Financial Audit FY2025 Current
Published
February 17, 2026
Covers
FY2025

Based on the Independent Auditor’s Report prepared by Forvis Mazars, LLP (February 17, 2026). This summary is intended for general informational purposes.


About the District

Hunt Memorial Hospital District is a public hospital district and political subdivision of the State of Texas, serving residents of Hunt County and surrounding areas. It includes Hunt Regional Medical Center in Greenville, Hunt Regional Home Health, and Hunt Regional Medical Partners. The District is funded through a combination of patient service revenue, property taxes, and supplemental Medicaid funding from the State of Texas.


Audit Opinion

The District’s financial statements were audited by an independent auditing firm, Forvis Mazars, LLP. The auditors issued a clean (unmodified) opinion, meaning the financial statements fairly present the District’s financial position in accordance with generally accepted accounting principles.


Financial Highlights

Revenue

Revenue Source FY2025 FY2024
Net Patient Service Revenue $214,974,810 $201,026,632
Nursing Facility Revenue $8,062,896 $0
Supplemental Medicaid Funding $10,922,283 $5,885,663
Other Operating Revenue $6,737,818 $5,866,830
Total Operating Revenue $240,697,807 $212,779,125
Property Taxes $29,294,509 $25,591,705

Expenses

Expense Category FY2025 FY2024
Salaries, Wages & Benefits $154,917,915 $142,315,345
Purchased Services & Professional Fees $44,530,493 $42,943,005
Supplies & Other $65,650,803 $62,146,342
Depreciation & Amortization $16,255,800 $13,889,217
Total Operating Expenses $281,355,011 $261,293,909

Net Result

FY2025 FY2024
Operating Loss ($40,657,204) ($48,514,784)
Net Nonoperating Revenues (incl. property taxes) $23,855,662 $24,939,558
Net Decrease in Net Position ($16,470,464) ($23,174,432)

Financial Position at a Glance (September 30, 2025)

Total Assets $237,569,592
Total Liabilities $198,096,999
Total Net Position (Equity) $37,909,801
Cash on Hand $6,884,356
Outstanding Bond & Loan Obligations $68,053,945

Property Tax Rate (FY2025)

The District’s combined property tax rate for FY2025 was $0.200362 per $100 of assessed property value ($0.170772 for operations + $0.029590 for debt service). Approximately 11% of the District’s total financial support comes from property taxes.


Contact

For questions about this report, contact the District’s Accounting Department:
4215 Joe Ramsey Blvd., Greenville, Texas 75401

Full audited financial statements are available upon request.