Memorial Hermann Health System

Name

Memorial Hermann Health System

Legal name

Memorial Hermann Foundation

Website

https://memorialhermann.org

Company type

Private

Founded year

1907

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Integrated Healthcare Delivery

NAICS

General Medical and Surgical Hospitals (62211), Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Other Outpatient Care Centers (62149), Diagnostic Imaging Centers (621512), Ambulatory Health Care Services (621)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Home Health Care Services (8082), Services-Nursing & Personal Care Facilities (8050), Hospital & Medical Service Plans (6324), Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Hospital-at-Home / Acute Care at Home Programs (HLAFAEAH)

Keywords

• Acute care hospitals
• Emergency medical services
• Rehabilitation medicine
• Pediatric specialty care
• Health insurance plans

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices15 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Healthcare Services Delivery: Acute care hospitals, outpatient services, emergency services, rehabilitation, and specialty care across 20+ care sites throughout Greater Houston. Revenue generated from patient services billed to Medicare, Medicaid, commercial insurers, and self-pay patients.
2. Memorial Hermann Health Plan / Medicare Advantage: The health system operates its own Medicare Advantage insurance plans, generating revenue through premium payments and managing care for members.
3. Employer Health Solutions: HealthWorks employer solutions offering occupational medicine, wellness programs, and workplace health services to employer clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Memorial Hermann Health System is a nonprofit integrated healthcare delivery network operating hospitals, specialty centers, urgent care, rehabilitation facilities, and a Medicare Advantage health plan across Greater Houston. It delivers comprehensive patient care including acute care, trauma, rehabilitation, pediatric, cancer, cardiac, and neurosurgical services through 20+ care sites staffed by 33,000+ employees and 6,600+ affiliated physicians. The system supplements clinical services with digital tools including a patient portal, online scheduling, virtual care, and AI-enabled chronic disease management partnerships.

Product overview

Memorial Hermann Health System is a large nonprofit health system offering a comprehensive portfolio of healthcare services through multiple hospitals, specialty centers, and outpatient facilities across Greater Houston. The system operates as a multi-facility healthcare delivery network with core services including acute care hospitals, trauma centers (including Life Flight air transport), rehabilitation (TIRR Memorial Hermann), children's services, cancer care, heart and vascular, neurosciences, orthopedics, transplant, and weight management. Patient-facing digital products include My Memorial Hermann™ patient portal (integrated with Epic MyChart), ScheduleNow online scheduling, and Virtual Care telehealth services. The health system also offers its own Medicare Advantage health plan and partners with technology companies including Cadence for remote patient monitoring, Rad AI for radiology AI, AmplifyMD for virtual specialty care, and Helix for genomic testing.

Differentiator

Problem solved

Functional benefit

Brands

• My Memorial Hermann™: Patient portal for securely accessing health information and managing care
• Life Flight®
• NewStart
• Red Duke Trauma Institute
• Helix Genomic Advantage™

Products and services

• My Memorial Hermann Patient Portal Secure patient portal enabling patients across Greater Houston to access health records, schedule appointments, conduct virtual visits, and communicate with healthcare providers.
• Virtual Care Telemedicine service providing virtual urgent care, video visits via MyChart, and pediatric virtual care for remote patient consultations across the Greater Houston service area.
• Memorial Hermann Medical Group Network of primary care physicians and specialists providing comprehensive outpatient healthcare services across multiple locations in Greater Houston.
• TIRR Memorial Hermann Nationally ranked rehabilitation hospital and research center specializing in traumatic brain injury, spinal cord injury, stroke recovery, and complex neurological conditions with comprehensive inpatient and outpatient programs.
• Children's Memorial Hermann Hospital Dedicated pediatric hospital providing comprehensive children's services including Level IV NICU, pediatric surgery, heart institute, neuroscience center, and fetal care for newborns through adolescents.
• Red Duke Trauma Institute Level I trauma center providing emergency medical services, Life Flight air ambulance transport, and comprehensive trauma care across the Greater Houston region.
• Urgent Care

Quantifiable outcome

• 27% reduction in hospital admissions through AI-enabled chronic care management
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability6 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core.

• Duke HealthcoreStrategic or Co-development Partner · 24 June 2026New clinical affiliation with Duke Health as part of Cadence's $100M Series C funding round. Memorial Hermann participates as both investor and clinical partner in Cadence's chronic care AI platform expansion to over 20 health systems.
• Texas Health ResourcescoreStrategic or Co-development Partner · 24 June 2026New clinical affiliation with Texas Health Resources as part of Cadence's expansion strategy. Memorial Hermann participates in the multi-health system network deploying AI-enabled chronic care management.
• HelixcoreStrategic or Co-development Partner · 16 June 2026Launch of Helix Genomic Advantage program integrating clinical-grade genomic insights into care delivery for Memorial Hermann employees, following similar launch by St. Luke's University Health Network. Both organizations are active Helix Research Network partners with large-scale community genomics studies.
• Nebraska MedicinecoreStrategic or Co-development Partner · 16 June 2026Joint launch of Helix Genomic Advantage program with Nebraska Medicine, integrating clinical-grade genomic insights into care delivery for employees of both health systems. Program enables precision medicine implementation for targeted populations.
• CadencecoreStrategic or Co-development Partner · 30 April 2026Memorial Hermann partnered with AI company Cadence to deliver AI-enabled remote care for patients with chronic diseases across Greater Houston. The partnership introduces Remote Patient Monitoring and Advanced Primary Care Management services for patients managing hypertension, congestive heart failure, and type 2 diabetes, providing 24/7 support with real-time vital monitoring including blood pressure, heart rate, weight, and glucose tracking, enabling early clinical interventions.
• Blue Cross Blue Shield of Texas (BCBSTX)coreOthers · 6 February 2026Contract negotiation relationship with Blue Cross Blue Shield of Texas. After more than 8 months of negotiations, the organizations reached a new agreement restoring in-network coverage for patients retroactively to April 1. BCBSTX reprocessed all claims submitted as out-of-network back to in-network rates.
• OmnissacoreTechnology or Integration · 3 February 2026Memorial Hermann won Omnissa's inaugural Customer Achievement Award recognizing excellence in digital workspace transformation. Memorial Hermann managed over 400,000 devices and demonstrated significant improvements in employee experience, security, and operational efficiency through Omnissa implementation.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Ascension Health: Ascension is one of the largest Catholic nonprofit health systems in the U.S., operating 140+ hospitals. Comparable as a nonprofit integrated delivery network with similar value-based care strategy and academic medical center presence.
• AdventHealth: AdventHealth is a large national nonprofit health system with 50+ hospitals across multiple states. Comparable in nonprofit status, comprehensive service mix, and focus on whole-person care, though larger and more geographically diversified than Memorial Hermann.
• Cedars-Sinai Health System: Cedars-Sinai is a nonprofit academic medical center and integrated health system in Los Angeles with comparable flagship specialty assets, research intensity, and a similar focus on digital health innovation. Broader incumbents in the same nonprofit integrated-delivery category.
• CommonSpirit Health: CommonSpirit Health is one of the largest nonprofit health systems in the U.S., operating 140+ hospitals across multiple states. While much broader geographically, it shares the nonprofit integrated-delivery model and similar value-based care ambitions.

Direct peers

• Texas Children's Hospital: Texas Children's Hospital is the largest pediatric hospital in the U.S. and a direct peer to Children's Memorial Hermann Hospital within the same Houston market. Highly comparable for pediatric specialty and academic quaternary care.
• Houston Methodist: Houston Methodist is the other dominant nonprofit academic health system in the Greater Houston market, operating a comparable mix of acute care hospitals, specialty institutes, and a large employed-physician network. It is the closest head-to-head competitor to Memorial Hermann across the Houston metro.
• Texas Health Resources: Texas Health Resources is a large nonprofit Texas-based health system and a co-participant with Memorial Hermann in the Cadence chronic-care AI rollout. Comparable in scale, geographic focus on Texas, and nonprofit integrated delivery model.
• Baylor Scott & White Health: Baylor Scott & White is the largest nonprofit health system in Texas, operating 50+ hospitals with a comparable mix of acute care, specialty, and outpatient services across a multi-region Texas footprint. It is the most direct scale and mission comparable to Memorial Hermann.
• Advocate Health: Advocate Health (formed from Atrium Health and Advocate Aurora Health) is one of the largest nonprofit U.S. health systems and a co-investor with Memorial Hermann in Rad AI. Highly comparable integrated delivery model and scale.
• HCA Houston Healthcare: HCA Houston Healthcare operates a network of acute care hospitals across the Greater Houston market under HCA Healthcare, the largest U.S. for-profit hospital operator. Directly competes with Memorial Hermann for inpatient volume and physician alignment in the same metro.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MemorialHermann

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments17 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Memorial Hermann Health System