Midland Development Corporation Commits $8.4 Million to Texas Tech University Health Sciences Center

June 5, 2018
FOR IMMEDIATE RELEASE

Midland Development Corporation Commits $8.4 Million to Texas Tech University Health Sciences Center for Mental Health ServicesPartnership will provide child and adolescent psychiatry care in Midland

The Permian Basin has an acute need for qualified child and adolescent psychiatrists. It is currently difficult to find accessible psychiatric care without a long waiting period. To meet this demand, the Texas Tech University Health Sciences Center (TTUHSC) has received approval for a child and adolescent psychiatry fellowship program. This program will train four new child and adolescent psychiatrists per year. The Midland Development Corporation will support this program by providing $8.4 million in funding over the next eight years. The Texas Higher Education Coordinating Board has also approved funding for sixteen residents who will work for TTUHSC in the Permian Basin, and has allocated $2.1 million over the next two years for training these residents.

MDC First Vice Chair Keith Stretcher has spearheaded this project on behalf of the MDC, and commented:

“This project will be Texas Tech’s regional facility. There is currently not a psychiatric fellowship program in Lubbock, Amarillo, Odessa, San Angelo, Abilene, or Wichita Falls. Expanding the TTUHSC’s psychiatry department will help take care of the children and adolescents in the Permian Basin and provide services which are so very much needed and lacking in our region.”

The fellowship program will attract physicians from all over the country to train in Midland. As part of their training, the fellows and residents will work in clinics and treat an average of 9,720 patients per year in the Midland facility.”

This partnership with TTUHSC will enhance the MDC’s ability to attract businesses to Midland, and the fellowship program will make the Permian Basin more attractive to a young workforce. Many of the MDC’s corporate prospects ask about the availability of healthcare for their employees. The MDC sees this as a major opportunity to invest in the TTUHSC, which is a leader in Texas.

200 N. Loraine St., Ste. 610 Midland, TX 79701

T +1 432 686 3579F +1 432 687 8214 midlandtxedc.com

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200 N. Loraine St., Ste. 610 Midland, TX 79701

T +1 432 686 3579F +1 432 687 8214 midlandtxedc.com

The Midland Development Corporation (MDC) promotes the City of Midland and incentivizes qualified employers who create and retain a diversified job market in the greater Midland, Texas, region. MDC promotes business expansion and job creation through an established business climate and a strong community.

 

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