to the educational experience that best fits
their needs – from nationally renowned
parochial schools to smaller private academies and preschools to top-ranked colleges
and universities.
DFW HEALTHCARE:
SECOND TO NONE
DFW residents and visitors enjoy its
nationally renowned healthcare resources
and medical facilities. For example, both
Parkland Memorial Hospital and Baylor
University Medical Center are nationally
recognized hospitals and have been ranked
among the best by U.S. News and World
Report, along with Chil-dren’s Health
of Dallas, which ranked high in several
different specialties.
In fact, many Dallas-Fort Worth area
hospitals were among the magazine’s
Best Hospitals metro-area rankings for
2016-2017, which are based on reputation, clinical excellence, and a variety
of patient care factors such as nursing
and patient services. Hospitals and care
facilities on the list include the Baylor
Universi-ty Medical Center, UT Southwestern Medical Center, Medical City
Dallas Hospital, Texas Health Presbyterian Hospital Dallas, Texas health Harris
Method-ist Hospital Fort Worth, Texas
Health Presbyterian Hospital Plano,
Baylor Regional Medical Center, Dention
Regional Medical Center, Plaza Medical
Cen-ter, Texas Health Arlington Memorial
Hospital and many more.
The University of Texas-Southwestern
Medical Center, widely considered “the
crown jewel” of the UT medical system,
also counts five Nobel laureates among
its skilled staff. Major healthcare systems
in the Dallas/Fort Worth area include
Baylor Health System, Tenet Healthcare
Corporation, Texas Health Resources,
Methodist Health System, VA North
Texas Healthcare System, Parkland
Health and Hospital System, and Presbyterian Healthcare System, as well as many
smaller clinic systems, physician groups,
and more that offer hundreds of specialties for the best in medical care.
Beyond offering top quality healthcare
services and resources to residents, the
North Texas healthcare industry is a
huge source of job growth and opportunity. According to information from
the Dallas Chamber, healthcare services
– including hospitals, physicians and
dentist offices – comprises 15% of the
DFW economy, directly supports an
estimated 601,000 jobs, and adds a total
value of more than $52 billion to the
regional economy.
In a study to estimate the overall
economic impact of the healthcare
industry in the DFW area, the University of North Texas Center for Economic
Development and Research found that
“the value added by the healthcare
industry in the region is $52 billion per
year, which represents about 15 percent
of all regional economic activity.”
DFW: GOOD FOR BUSINESS
There’s no question that the Dallas/Fort
Worth Metroplex is ideal for business.
According to Fortune magazine 21 Fortune
500 companies make either Dallas or Fort
Worth their corporate headquarters –
including such well-known companies as
Dean Foods, ExxonMobil, Kimberly-Clark,
J.C. Penney, Southwest Airlines, and Texas
Instruments.
Consider that Chief Executive magazine’s
annual survey of CEO opinion and busi-ness climate index ranked Texas the best
state to do business – for the tenth year in
a row – and it’s not surprising that many
smaller companies have chosen to follow
suit. According to research prepared by
the Dallas Chamber, the DFW region is
the fifth largest metro in the country for
self-employment.
The state of Texas has received the prestigious Site Selection magazine’s Governor’s
Cup for having the most new and expanded
corporate facilities. The Site Selection rankings
are based on new corporate location projects;
to be considered, a new facility or expansion
must involve capital investment of at least
$1 million, create at least 50 new jobs, or
add at least 20,000 square feet of space. Site
Selection wrote about the DFW area in May
2014, “With 15,502 new jobs and $1.1 billion
in capital investment, DFW once again lived
up to its status as one of the juggernauts of
economic performance in the U.S.”
With a large, educated workforce and an
ideally central location, equidistant from
North America’s five largest business centers
(New York, Los Angeles, Chicago, Mexico
City and Toronto) – the Dallas/Fort Worth
area is known as a place to start and nurture
a career, grow a business, and become an
entre-preneur. According to the Bureau of
Labor Statistics February 2017 report, the
total nonfarm employment in the Dallas-
Forth Worth area stood at 3,567, 200, this is
up 119,300 over the prior year.
The area’s thriving entrepreneurial climate
is a clear testament to the state’s determined
history. According to statistics from CNBC’s
Top States for Business 2016, Texas ranked
second in the U.S. Forbes has also counted
the Dallas and Fort Worth-Arlington areas
among its 2016 listings as the “best cities for
busi-ness,” at tenth. DFW also ranked thirteenth out of 101 major U.S. markets in terms
of small business vitality in the annual survey
by American City Business Journals.
While the area is well known as an
attractive environment for young,
hungry, and headed-straight-up-the-cor-porate-ladder professionals who relocate
here each year to start their careers, it
is also known as the kind of business
climate where those at any stage in their
career have almost unlimited opportunities for success – which is a major reason
many executives and businesses choose
to relocate here.
Central location and easy access to worldwide destinations make DFW an attractive
option for both small and large employers,
as well as relocating families, with plenty
of resources to help. For example, the
Dallas/Fort Worth International Airport –
one of the world’s busiest airports – serves
more than 31 million passengers each year
– and it’s a major reason why companies
