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Healthcare and Beyond

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Healthcare and Beyond

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  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