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Hospital pays $1 million for name on Plano [TX] rec centers
WFAA-TV ^ | November 30, 2011 at 9:58 PM | STEVE STOLER

Posted on 11/30/2011 9:24:04 PM PST by re_nortex

The City of Plano and Texas Health Presbyterian Hospital are expected to approve an agreement that would let the hospital sponsor four city recreation centers.

It's a new and innovative way for the city to collect revenue at a time when budget shortfalls have become common.

Once the deal is approved, the hospital's logo will be on the upstairs jogging track. Signs will be placed on walls that are now bare, and also on outside monuments.

(Excerpt) Read more at wfaa.com ...


TOPICS: Business/Economy; Chit/Chat; Local News
KEYWORDS: plano; revenue; sponsorship; texas
Good for Plano! I think this is an innovative way to enhance revenue and is in the spirit of American capitalism.

As a longtime NASCAR fan, I've always thought the sponsor logos on the cars were good for the sport and for the companies to associate themselves with the drivers and racing teams. Even the all-American pastime of Little League baseball finds signs for business on the outfield fences. It's a win-win all around in my book.

1 posted on 11/30/2011 9:24:08 PM PST by re_nortex
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To: re_nortex

Innovative and a win-win as it’s probably better PR for the hospital than conventional advertising. I think I’ll steal the idea!


2 posted on 11/30/2011 9:28:05 PM PST by bigbob
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To: re_nortex

This seems like a waste of money to me. I mean, it don’t pick one from a panel at a sports venue.


3 posted on 11/30/2011 9:29:21 PM PST by RitchieAprile (Precious little in your life is yours by right and won without a fight..)
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To: re_nortex

Tell me why hospitals are classified as “non-profits”?


4 posted on 11/30/2011 9:30:46 PM PST by BreezyDog (PLAN A: A Peaceful Restoration of the Republic.....PLAN B: A Restoration of the Republic)
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To: RitchieAprile
This seems like a waste of money to me. I mean, it don’t pick one from a panel at a sports venue.

I think it's all about branding and keeping the name top-of-mind.

5 posted on 11/30/2011 9:40:03 PM PST by re_nortex (DP...that's what I like about Texas.)
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To: BreezyDog
Tell me why hospitals are classified as “non-profits”?

Well, for me, I prefer hospitals that are profitable. That means better service to my way of thinking.

6 posted on 11/30/2011 9:42:02 PM PST by re_nortex (DP...that's what I like about Texas.)
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To: re_nortex

I’m sure that there is some conniving here that will be exposed in the future...hmmm.

Makes me wonder if this is really good for the future or just another money making scheme.

As a Texan, I just want to know more...


7 posted on 11/30/2011 11:00:29 PM PST by Deagle
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To: BreezyDog
Tell me why hospitals are classified as “non-profits”?

That's easy -- so they don't have to pay taxes on their profits! (Not that there's anything wrong with that)

8 posted on 12/01/2011 5:03:02 AM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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