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AtlantiCare at a Glance

Medical Center founded in 1898; Health System founded in 1993 2 Hospitals / 600-beds / Unique Regional Services Over 60 additional healthcare facilities in Atlantic, Cape May, and southern Ocean Counties 5,300 employees and 600 physicians $50 million in charity care provided in 2010

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AtlantiCare at a Glance

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  1. Medical Center founded in 1898; Health System founded in 1993 2 Hospitals / 600-beds / Unique Regional Services Over 60 additional healthcare facilities in Atlantic, Cape May, and southern Ocean Counties 5,300 employees and 600 physicians $50 million in charity care provided in 2010 A 2009 Malcolm Baldrige National Quality Award Recipient AtlantiCare at a Glance

  2. Total expenditures: $767.3 million Total full time equivalent jobs: 4,465 Total employee payroll: $290.0 million Estimated state income taxes paid by employees: $16.0 million Purchased Services: $84.4 million Uninsured patients treated at Atlantic County hospitals: approximately 97,000 occasions-of-service Source: New Jersey Hospital Association Annual Economic Contributions of HospitalsAtlantic County Hospitals

  3. Health Care and Employment Growth • Latest U.S. Bureau of Labor Statistics Change in Employees Statistics (September) • Total non-farm employee growth August-September: 103,000 • Health Care Segment: 44,000 • Greater than 50% of job growth in the Ambulatory Care area • Latest U.S. Bureau of Labor Statistics Unemployment Rate by Industry (September) • Education and Health Services ranked 2nd behind Financial Activities as having the lowest, private sector unemployment rates at 5.7%

  4. Health Care and Employment Growth(continued) • New Jersey Department of Labor Market and Demographic Research Reports • 3 of every 5 jobs created over the last twenty years has been in the healthcare industry • Similar to national trends, out-of-hospital employment growth has lead the sector • There continues to be strong short and long-term demand for nurses • Over the next 10 years there will be an additional 10,000 RNs projected • However, Home Health Aids are projected to grow by 40,000 over this period

  5. Recent Healthcare Facility InvestmentExamples AtlantiCare • ARMC City Campus Harmony Pavilion (Atlantic City): $130M; 200,000 sf, 2007 • ARMC Ambulatory Campus (Hammonton): $20M; 40,000 sf, 2011 • ARMC Mainland Campus Project (Pomona): $150M; 200,000 sf, Planned Shore Medical Center • Hospital expansion for surgical services (Somers Point): $125M; 138,000 sf, 2011 Southern Ocean Medical Center • Emergency Department Expansion (Manahawkin): $20M Virtua • Hospital relocation and expansion (Voorhees): $600M; 680,000 sf, 2011 • Ambulatory Care Campus Development (Moorestown): $96M; 200,000 sf, 2013

  6. Future Healthcare Investment • Creating the Integrated Network of Facilities for Population Health • Ambulatory and Physician Practice vs. Inpatient Hospital focused • This is where the greatest job growth is projected over the next 10 years • AtlantiCare Special Care Center in Galloway: 15,000 sf • AtlantiCare Urgent Care Center / Physician Complex in Somers Point: 15,000 sf • AtlantiCare Physician Group Specialty Center in EHT: 15,000 sf • Partnering with Primary Care and Specialty Providers around the New Model of Healthcare • Partnering with Employers, Commercial, and Government Payers around the New Model of Healthcare • Substantial Information Technology Investments to facilitate the integration required for success in the New Model of Healthcare

  7. Conclusion • Healthcare will continue to be a major source of economic activity and growth in this region • Facility Investment emphasis will shift from Inpatient to Ambulatory and Physician Network Development • Employment growth will continue to focus on clinical areas required to support the New Health Care Model • The percentage of Investment will start to shift from Bricks and Mortar to People and Technology • There is still a great deal of uncertainty for us to plan for

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