Memorial Hospital

1
Memorial HospitalsEconomic Impact on the
Community

• Date

2
2011 Economic Impact Report

• Health care sector is a growing segment of
  Wisconsins economy
• Wisconsin hospitals employ over 110,000 people
  and account for over 28 billion in economic
  activity

3
Hospitals Among Largest Employers

• 3 of top 6 largest growing industries are related
  to health care
• Ambulatory health care services anticipated
  growth of 22,670 jobs between 2008-2018
• Hospitals anticipated growth of about 15,080
  between 2008-2018

4
Hospitals Among Largest Employers

• Hospitals and health systems are among the
  largest employers in the counties where they are
  located

5
High Quality Jobs and Job Growth

• In 2009, the typical worker in WI earned about
  44,690 in wages and salary, but for hospitals
  the average worker earned 58,300
• DWD predicts health care and hospitals will be
  the single largest source of employment growth

6
Expenditures Stimulate Economies

• Hospital purchases create revenue and indirect
  jobs for local businesses
• Income from hospital employees go toward local
  purchases
• Wages paid by hospitals are subject to federal,
  state and local taxes

7
Total Economic Impact of Hospitals
8
Hospitals Support Health and Social Needs of
Their Communities

• Educational outreach, health screenings, support
  groups
• Free clinics, shelters
• Charity care programs
• Medicaid

• www.WiServePoint.org

9
Memorial Hospitals Economic Impact

• Use the software at http//www.wha.org/economic-im
  pact to calculate your hospitals impact on the
  local economy and add the data here

10
Memorial Hospitals Economic Impact

• Include information on the programs/services your
  hospital provides to the community

11
Summary

• Hospitals are strong contributors to the economy
  and create a steady source of employment, even in
  economic downturns
• Good paying jobs across a wide spectrum of skill
  levels
• Hospital and employee purchases support community
  businesses

12
For More Information

• www.wha.org/economic-impact
• Your website