Weatherford
Parker County Hospital District Board of Directors, Nov. 20, 2025: 8 items; approve the minutes as presented
8 agenda items, 2 recorded motions, all passed. Written from the minutes.
Approval of Minutes — October 23, 2025. The minutes of the October 23, 2025 meeting were reviewed. Following review and discussion, Director Lisle made a motion to approve the minutes as presented. Director Hayes seconded the motion. The motion passed unanimously.
Review of and vote to approve Financial Statements/Reports. Director Carter noted that the Finance Committee met with Ms. Harris and Mr. Bacus earlier, reviewed the financial statements and reports and found nothing out of the ordinary. Director Carter noted that there were several large one-time expenses which staff explained in detail. Director Carter noted that the expenses were within budget. Following review and discussion, Director Barnett made a motion to approve the financial statements and reports as presented. Director Carter seconded the motion. The motion passed unanimously.
Review and possible vote to approve revised PCHD Cafeteria Plan. Mr. Bacus noted the Hospital District is having to update its employee benefit Cafeteria Plan policy as the result of the recent passage of Senate Bill 896 which extends the automatic coverage enrollment period for newborns under certain benefit plans from 31 days to 62 days. Mr. Clawson and Mr. Jackson explained the rationale behind the passage of the law and noted that the Hospital District needs to amend the Cafeteria Plan Policy in order to comply with the new law. Following review and discussion, a motion was made by Director Hayes to approve the revised Cafeteria Plan as presented. Director Lee seconded the motion. The motion passed unanimously. Item 9 ~ Update from Valley View Investment Advisors: Mr. Adam Ringgenberg from Valley View Investment Advisors updated the Board of Directors on the Investment Report for the Quarter ending September 30, 2025. Mr. Ringgenberg noted that as of September 30, 2025 the Hospital District had over $50m in CD investments with an average yield of 4.33%. He noted that these investments are laddered out through 2027, locking in long term interest rates in a falling interest rate [...]
Review of and possible vote to approve revised PCHD Investment Policy. Mr. Ringgenberg reviewed several suggested changes to the PCHD Investment Policy. He noted that the Hospital District is required to review the policy annually and make changes as needed. After a detailed review of the changes he recommended that the Board approve them as presented. Following review and discussion, Director Carter made a motion to approve the revised PCHD Investment Policy as presented. The motion was seconded by Director Barnett. The motion passed unanimously.
Reports from Parker County Hospital District Departments. Administration: Mr. Bacus updated the Board on activities in Administration. He noted that the Texas EMS Conference is coming on November 23 and 24" at the Fort Worth Convention Center. Sullivan Contractors have started construction at EMS stations 1, 2 and 4. Mr. Bacus noted that Hospital District staff attended the groundbreaking of the new Weatherford Chamber of Commerce building. EMS: Mr. Backus reported that EMS had a busy October. EMS sponsored a community training event to over 20 Parker County constables and deputies. Participants were taught CPR and Stop the Bleed techniques and were certified in these programs. Mr. Backus noted. that a mass casualty exercise was recently held and students in the PCHD EMT School were given the opportunity to participate. Mr. Backus noted that EMS personnel also recently participated in the National Night Out community awareness program. Mr. Backus thanked Director Floyd for his recent presentation to the EMT students. Mr. Backus reported that a third console has been added to the EMS Communication Center which will facilitate the processing of 911 calls. Mr. Briggs noted that he [...]
Return to Open Session, address, and possible vote on any issues outstanding from. Executive Session: The Board reconvened into Open Session at 2:08 PM. No action was taken.
Discussion and possible vote to approve sublease of real property at 1121 Pecan. Drive: This item was tabled.
Discussion and possible vote to authorize CEO to negotiate and execute contract. with PHI Air Medical: Following review and discussion, a motion was made by Director Floyd to approve a contract with PHI Air Medical contingent upon final legal review by the Hospital District CEO and Hospital District legal counsel. Director Carter seconded the motion. The motion passed unanimously. Item 16 ~ Adjourn: The meeting was adjourned at 2:09 PM.
Closed session items, as posted: Executive Session.
Compiled from the district's posted minutes by the Ledger's extractor, in the minutes' own wording; scanned minutes were read by OCR and can carry errors. The linked minutes are the record.
Sources: Parker County Hospital District: board minutes, Nov. 20, 2025