Economic and Community Impact of Kansas Hospitals 2016.

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Presentation transcript:

Economic and Community Impact of Kansas Hospitals 2016

Proud of Our Record of Service Kansas community hospitals: Provide care 24 – 7 – 365 Serve hundreds of thousands annually Keep communities healthy, strong, and vibrant

There When You Need Us Communities rely on hospitals to: provide high quality health care care for the aged ensure safety when disaster strikes bring life into the world educate people about the impact of lifestyles on their health and well being provide comfort at the end of life

We Also Contribute to the Economy Hospital’s contribution to the local economy is critical to economic viability of communities: As a major source of employment As a purchaser of goods and services As a provider of health care services

Economic Impact Report The Importance of the Health Care Sector to the Kansas Economy: highlights the significant role Kansas hospitals play within our local communities demonstrates “ripple” effect –dollars hospitals bring into the state –jobs hospitals help create prepared by the Office of Local Government, K-State Research and Extension

Statewide Economic Impact Kansas hospitals contribute in three areas: attract and retain business and industry attract and retain retirees create jobs in the local economy

Kansas hospitals and health care services: Fourth largest aggregate employer in Kansas Fifth largest producer of total sales in Kansas Fifth largest producer of total income in Kansas Economic Anchor for Communities

Major Employers in Kansas Kansas Hospitals: Employ approximately 84,000 people –4.3 percent of all job holders Support an additional 69,000 jobs in other business and industry Total employment impact of more than 153,000 jobs

Total Health Care Employer Impact Kansas Health Sector Contribution to State Employment,

Kansas hospitals: –annually generate more than $5.5 billion direct total income to employees –$1 of income generated in hospital sector causes $0.54 in other businesses and industries –total impact on statewide income more than $8.5 billion The Ripple Effect

Total Health Care Income Impact

Annual Hospital Employee Spending Kansas hospital employees spend more than $2.8 billion on retail goods and services like groceries, clothing, mortgage payments, rent, etc.

Total Health Care Annual Spending Impact

Improving Health and Saving Money Hospitals save Kansans millions of dollars: Disease prevention programs Early detection equals decreased treatment cost and lost earnings

Covering the Uninsured and Underinsured Kansas hospitals are a safety net: Provide uncompensated care –more than $1 billion annually Offer financial assistance programs Treat all, regardless of their ability to pay

Health Care for Our Community More than 11,600 staffed beds More than 313,000 inpatient visits More than 2.3 million inpatient days More than 38,000 births More than 7 million outpatient visits More than 1.1 million emergency department visits Kansas community hospitals provide vital health care services annually:

In Summary Hospitals are a key ingredient to Kansans’ quality of life. Kansas hospitals keep our communities healthy and vibrant. Kansas hospitals are major contributors to both the local and state economies. Families remain more healthy and secure because hospitals provide needed health care services.