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Local Economic Impactin News
MHP Creates more than $26 million Impact on Local Economy
Mahaska Health Partnership in Oskaloosa generates 371 jobs that add $26,160,159 to Mahaska County’s economy, according to the latest study by the Iowa Hospital Association. In addition, MHP employees themselves spend $5,918,870 on retail sales and contribute $355,132 in state sales tax revenue.
“We recognize our impact in the community as one of the top three employers,” said MHP CEO Jay Christensen. “As a business leader, we have made a commitment to be positive community partners.”
Jon Sullivan, Executive Director of the Oskaloosa Area Chamber and Development Group, said that Mahaska Health Partnership is critical to the wellbeing of the entire community. “We have a robust community hospital with excellent providers,” Sullivan said.
“Mahaska Health Partnership is a strong community leader and healthcare provider that is well regarded in our county. They are currently investing $25 million in an expansion project to remain up-to-date in meeting the community’s healthcare needs,” Sullivan said.
Christensen said the 52,000 square foot expansion project will feature larger, private patient rooms; a state-of-the-art Birthing Center; replacement of existing power units that heat and cool the entire facility; and a new surgery center. Construction is anticipated to last approximately two years.
The IHA study examined the jobs, income, retail sales and sales tax produced by hospitals and the rest of the state’s healthcare 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 70,363 people and create another 65,783 jobs outside the hospital sector. As an income source, hospitals provide $3.9 billion in salaries and benefits and generate another $2.3 billion through other jobs that depend on hospitals.
In all, Iowa’s healthcare sector, which includes employed clinicians, long-term care services and assisted living centers, pharmacies and other medical and health services, directly and indirectly provides 333,554 Iowa jobs, or more than one-fifth of the state’s total employment.
“People are often unaware of the contributions that hospitals make to their local economies, including the number of people they employ, the significance of hospital purchases with local businesses and the impact of their employees’ spending for the entire region,” said Kirk Norris, IHA president/CEO. “Just as no one provides the services and community benefits found at our hospitals, there is also no substitute for the jobs and business hospitals provide and create.”
To learn how Mahaska Health Partnership is making healthcare personal, visit mahaskahealth.org.