1 / 16

Healthcare and Beyond

Healthcare and Beyond. Contribution of Hospitals to North Dakota’s Economy. Conduct of Study. Update of 2010 study Surveyed North Dakota hospitals Other sources included: American Hospital Association (AHA) Job Service of North Dakota North Dakota Tax Commissioner US Dept. of Commerce

joanne
Download Presentation

Healthcare and Beyond

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Healthcare and Beyond Contribution of Hospitals to North Dakota’s Economy

  2. Conduct of Study • Update of 2010 study • Surveyed North Dakota hospitals • Other sources included: • American Hospital Association (AHA) • Job Service of North Dakota • North Dakota Tax Commissioner • US Dept. of Commerce • US Census Bureau returns

  3. Objectives • Estimate the economic impacts of community hospitals. • Estimate the employment impacts of community hospitals. • Estimate the patient care impacts of community hospitals.

  4. Economic Impact • $2.85 billion – annual direct impact of community hospitals to North Dakota economy • $4.78 billion – annual total economic impact (direct and secondary) For comparison, ND tourism industry has $4.6 billion impact (2010) and ND lignite coal industry has $3 billion impact.

  5. Economic Impact • 77% - percentage of dollars spent by community hospitals that remain in North Dakota.

  6. Employment Impact • 21,500 – number of full-time workers directly employed by ND community hospitals • 36,300 – number of full-time positions generated by ND community hospitals (direct and secondary) • $54,444 – average annual wage for hospital worker according to Job Service ND, 22% higher than state average

  7. Employment Impact • 13.5% - percentage of ND workforce employed in health care and social services sector • Largest non-governmental employer • 1 out of every 7 ND workers employed in health care or social services • Five of the top six largest employers in the state are hospitals/health systems

  8. Utilization Impact • 1 out of every 7 ND residents is admitted to a community hospital annually. • 1 out of every 2 ND residents visits a hospital emergency room annually. • Every ND resident has two outpatient encounters with a community hospital annually.

  9. Community Hospitals: “North Dakota’s Heart & Soul” • Advance health and well-being • Provide valuable community services 24/day, 7day/week • Offer care regardless of social or financial status

  10. Growth of Hospital Revenues Source: NDHA Survey 2012

  11. Net Hospital Revenues Exceed $3 Billion Source: NDHA Survey 2012

  12. Hospitals Spend Majority of Dollars In-State Source: NDHA Survey 2012

  13. North Dakota’s Largest Employers Source: Job Service of North Dakota, 2012

  14. Health Care and Social Assistance North Dakota’s Largest Employing Industry Source: NDHA Survey 2012

  15. Hospitals Offer 5.8 Million Patient Encounters Annually Source: NDHA Survey 2012

  16. Conclusion • Care Impact – 5.8 million patient encounters annually • Economic – $4.7 billion annually • Employment – 36,000 jobs • Community support - $74 million dollars in charity care annually

More Related