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Maricopa Integrated Health System: Economic Impact Analysis, 2013

Maricopa Integrated Health System: Economic Impact Analysis, 2013. August 27, 2014. Introduction. Seidman is consultancy arm of W. P. Carey School of Business, ASU Commissioned by MIHS to implement 3 analyses: Economic Impact of MIHS in 2013 Economic Impact of post-bond MIHS, 2015 – 2043

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Maricopa Integrated Health System: Economic Impact Analysis, 2013

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  1. Maricopa Integrated Health System: Economic Impact Analysis, 2013 August 27, 2014

  2. Introduction • Seidman is consultancy arm of W. P. Carey School of Business, ASU • Commissioned by MIHS to implement 3 analyses: • Economic Impact of MIHS in 2013 • Economic Impact of post-bond MIHS, 2015 – 2043 • Social ROI analysis • Today’s presentation focuses on the 2013 analysis

  3. Typology of Economic Impact Analysis Level of Sophistication Degree of Completeness

  4. Seidman’s Method Level of Sophistication Degree of Completeness • REMI Model: • Partial Gross: Positive impacts of MIHS employment and supplier purchases alone • Partial Net: Also considers negative implications (state taxation & patient finance)

  5. CY2013 Partial Gross Analysis: Inputs

  6. CY2013 Partial Gross Analysis: AZ Employment 12,333 11,505 Job Years Total Private Non-Farm Employment Total Employment Ratio of 1 MIHS job : 2 PNFE jobs Sectoral Split: Total Private Non-Farm Employment

  7. CY2013 Partial Gross Analysis: Other Measures $1.14 B. Gross State Product $1.13 B. Gross State Product $592 M. Real Disposable Personal Income $569 M. Real Disposable Personal Income $57 M. State Tax Revenue $55 M. State Tax Revenue

  8. CY2013 Partial Net Analysis: Inputs

  9. CY2013 Partial Net Analysis: AZ Employment 8,930 8,327 Job Years Total Private Non-Farm Employment Total Employment Ratio of 1 MIHS job : 1.13 PNFE jobs Sectoral Split: Total Private Non-Farm Employment

  10. CY2013 Partial Net Analysis: Other Measures $834 M. Gross State Product $824 M. Gross State Product $456 M. Real Disposable Personal Income $439 M. Real Disposable Personal Income $37 M. State Tax Revenue $36 M. State Tax Revenue

  11. 660 South Mill Avenue, Suite 300 Tempe AZ 85281 www.seidmaninstitute.com

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