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CRAWFORD COUNTY MEMORIAL HOSPITAL CREATES $24 MILLION IMPACT

03/02/17

DES MOINES – Crawford County Memorial Hospital (CCMH) generates 346 jobs that add $20,322,468 to Crawford County’s economy, according to the latest study by the Iowa Hospital Association (IHA). In addition, CCMH employees by themselves spend $3,596,529 on retail sales and contribute $215,792 in state sales tax revenue.

“With CCMH as the fourth largest employer in Crawford County, a tremendous amount of economic benefit accrues to our local area”, said Bill Bruce, CCMH President and CEO. “As our hospital continues to grow and add services for our Crawford County communities, our economic impact will also continue to grow.”

Evan Blakley, Executive Director of the Chamber and Development Council of Crawford County, also sees the effect of the healthcare dollars generated by CCMH.

“CCMH provides good jobs with excellent benefits. They have recruited additional physicians and other professionals to our community, and added new services, which aids in attracting other new residents and businesses”, said Blakley.

The IHA study examined the jobs, income, retail sales and sales tax produced by hospitals and the rest of the state’s health care sector. The study was compiled from hospital-submitted data on the American Hospital Association’s Annual Survey of Hospitals and with software that other industries have used to determine their economic impact.

The study found that Iowa hospitals directly employ 72,008 people and create another 55,492 jobs outside the hospital sector. As an income source, hospitals provide $4.5 billion in salaries and benefits and generate another $2.3 billion through other jobs that depend on hospitals.

In all, Iowa’s health care sector, which includes offices of physicians, dentists and other health practitioners, nursing home and residential care, other medical and health services and pharmacies, contributes $16.6 billion to the state economy while directly and indirectly providing 324,977 jobs, or about one-fifth of the state’s total non-farm employment.

“Through the many changes in health care, there is one certainty: That hospitals and health care are vital to Iowa’s economy,” said IHA president and CEO Kirk Norris. “With nearly 325,000 jobs, health care is one of Iowa’s largest employers, and hospitals remain, by far, the biggest contributor to that number. In Iowa cities and counties, hospitals are uniformly among the largest employers.

“As our political leaders in Washington, DC and Des Moines consider legislation and regulations that impact hospitals and health care, they need to keep these facts in mind. As providers of high-quality, low-cost health care, good jobs and economic stability, there is no replacement for community hospitals.”