Monroe County Hospital & Clinics Provides Community Benefit

Hospital Creates $12,389,604 Impact on Local Economy

In all, Iowa’s Health Care Sector Provides 342,914 Jobs Across State

ALBIA- Monroe County Hospital & Clinics (MCHC) generates 194 jobs that add $12,389,604 to Monroe Countys economy, according to the latest study by the Iowa Hospital Association. In addition, MCHC employees by themselves spend $1,766,894 on retail sales and contribute
$106,014 in state sales tax revenue.

“At Monroe County Hospital & Clinics, we offer a full array of inpatient and outpatient health services. From helping a patient recover from illness to maintaining health and wellness, our highly skilled medical staff brings more than 75 years of experience. We are very proud of our staff, services and equipment,” stated Veronica Fuhs, CEO, MCHC.

The IHA study examined the jobs, income, retail sales and sales tax produced by hospitals and the rest of the state’s health care sector. The study was compiled from hospital-submitted data on the American Hospital Association’s Annual Survey of Hospitals and with software that other industries have used to determine their economic impact.

The study found that Iowa hospitals directly employ 76,203 people and create another 64,453 jobs outside the hospital sector. As an income source, hospitals provide S5 billion in salaries and benefits and generate another $2.7 billion through other jobs that depend on hospitals.

In all, the health care sector, which includes offices of physicians, dentists and other health practitioners, nursing home and residential care, other medical and health services and pharmacies, contributes $18 billion to Iowa’s economy while directly and indirectly providing 342,914 jobs, or about one-fifth of the state’s total non-farm employment.

“Hospitals positively influence their local economies not only with how many people they employ and the salaries of those employees, but also through hospital purchases from local businesses as well as the impact of employee spending and tax support,” said Kirk Norris, IHA president/CEO. “Whether at the local level or statewide, there are few Iowa employers that generate economic activity comparable to hospitals.”

The Iowa Hospital Association is a voluntary membership organization representing hospital and health system interests to business, government and consumer audiences. All of Iowa’s 118 community hospitals are IHA members.