The Study Conducted by economist Dr. Michael Kurth and accounting professor Dr. Daryl V. Burckel. Dr. Morris Coats, a healthcare economist at Nicholls State University. Based on 2014 data

Lake Charles Memorial Opened in 1952 as a 100 bed hospital Today it is a 365 bed healthcare system Largest non-government employer in Lake Charles

SWLA Top 5 Employers

Memorial Health System Memorial Hospital Moss Memorial Health Clinic Memorial Specialty Hospital Memorial Medical Group Memorial Medical Services Memorial Education Program Memorial Hospital for Women

Calcasieu Market Share

SWLA Market 5 Parishes

Market Share 2015

Services 2014 Services SWLA VisitsMemorial VisitsMarket Share Obstetrics & Newborns6,4883,11348% General Medicine6,2482, % Psychiatry2,1901, % Orthopedics2,4261, % Cardiovascular Disease2,6201, % Pulmonary Medicine3, % General Surgery2, % Nephrology/Urology1, % Cardiovascular Surgery1, % Neonatology % Neuro Sciences1, % Rehabilitation % Oncology % Obstetrics ND % Gynecology % Alcohol & Drug Abuse % ENT %

Outpatient Growth Services Growth Day Surgeries5,2328, % ER Visits36,30954, % Cardiology Procedures14,99532, % Cath Lab14,99532, % GI Lab3,00612, % Home Health8,58921, % Other Visits76,108132, % Total146,131268, %

ER Growth Annual Patients , , , ,909

Revenue $238 Million in 2014

Employment & Wages 2,591 EmployeesTotalAverage Salary & Wages$125,409,000$48,402 Benefits$27,247,000$10,516 Wages + Benefits$152,656,000$58,918

Ripple Effect Indirect effects: happens when Memorial purchases materials, supplies and equipment. Induced effects: happens when employees spend their paychecks locally. Multipliers come from 2010 American Hospital Association study for Louisiana hospitals.

Economic Impact – Memorial 2,591 4,835 7,426 JobsTotalRipple Effect $139.5 million $225.9 million $365.4 million $146.3 million $336.5 million $482.8 million PayrollRipple Effect Total Spending

Economic Impact – Construction JobsTotalRipple Effect $13.7 million $9.8 million $23.5 million $27.6 million $19.7 million $47.3 million PayrollRipple Effect Total Spending

Taxes Paid Calcasieu Parish Taxes = $2,396,845 State & Federal Taxes = $1,716,845 *2016 – State sales taxes were increased by approximately $1.8 million

Sales Taxes Generated $24.1 million $6.2 million Employee Paychecks $4.9 million Business Goods $10.5 million Additional Jobs Paychecks

Uncompensated Healthcare $3.2 million in bad debt $5.2 million for charity services rendered to low-income patients but never paid.

Public Service Spent $108,699 and provided volunteers for community health events Spent $105,748 on sponsorships for organizations. Various classes available at Moss Memorial and Memorial for Women.

SWLA Average Economic Impact 2015 – 2019 Jobs: 7,789 Payroll: $388.9 million Spending: $530.1 million Total: $919 million 8.8% Jobs 9.8% Payroll

What Does This Mean? THANK YOU!!! We can take hospital earnings and re-invest it back into the health system for more doctors, specialties, services, and improving and expanding facilities. Bringing big city medicine to SWLA. Allows Memorial to be an anchor institution. Not only by being a full-service healthcare facility but by providing jobs as one of the top employers in SWLA.

Building a Better Patient Experience : Your community hospital has renovated and upgraded our healthcare services and technology closing in on $166 million through : Over $20 million average yearly construction & equipment spending.

Building a Better Patient Experience

Quality of Life HEALTHCARE is ranked near the top in virtually every study and measure when it comes to quality of life.