Title: Chief Executive Officer and Administrator
Company: MidCoast Medical Center-Central
Location: Llano, Texas, United States
Hatch C. Smith Jr., the chief executive officer and administrator at MidCoast Medical Center-Central, has been recognized by Marquis Who’s Who Top Executives for dedication, achievements, and leadership in the fields of finance and health care.
Best noted for his exceptional willingness and ability to think outside the box, Mr. Smith has distinguished himself through his work at MidCoast Medical Center-Central, a leading rural hospital and medical center based in Llano, Texas. Part of the MidCoast Health System, the facility works to provide the best available health care in Llano County, and offers a wide variety of comprehensive services and programs. In his capacity at the medical center, Mr. Smith leverages his expertise in finance and the health care sector to maintain the expansion and sustainability of the facility – under his oversight, the organization has expanded from 40 employees to roughly 100, which has provided a boon to not only the health and wellness of local residents, but economic growth and career opportunities as well.
Outside of his work at MidCoast Medical, Mr. Smith serves as the owner of RedSmith Genetics, a ranching operation specializing in embryonic transfer, artificial insemination and early pregnancy checks for cattle and horses. Established in 2018, RedSmith Genetics has experienced healthy expansion ever since, forging profitable partnerships with a number of clients and exemplifying the best practices in progressive breeding techniques for Brahman and Tarentaise cattle.
Beginning his career on Wall Street, Mr. Smith earned distinction in the investment banking industry in New York, Boston and Dallas. He also exhibited his entrepreneurial skills in San Antonio, where he purchased several businesses before returning to his hometown of Llano. At the time, however, the local hospital was on the verge of shutting down, prompting Mr. Smith to gather a team with the objective of saving the facility. With his vast experience in finance, manufacturing and management, he was able to reverse the hospital’s fortunes and turn a significant profit. In addition, he established a local hospital foundation that has been instrumental in raising nearly three-quarters of $1 million in local donations, which has been used to buy equipment and keep the hospital running. Mr. Smith’s contributions have been invaluable to the community and the hospital’s success.
Looking toward the future, Mr. Smith aspires to actively participate in the construction of a brand-new hospital that caters to the needs of the local community.