The Impact of <<Hospital.Name.Here>> on the Economy and the Community

1. The Impact of <<Hospital Name Here…..>> on the Economy and the Community «NAME» is proud to provide care to our community with our doors being open 24 hours a day, seven days a week, 365 days a year. Every year, we serve thousands of individuals and keep our community healthy, strong, and vibrant. This record of service is and always will be our most valuable contribution to the community.

2. Hospitals strengthen the infrastructures of local communities. Communities rely on their local hospitals and health systems to: • provide high quality health care; • care for the aged; • ensure safety when an emergency • or disaster strikes; • bring life into the world; • educate people about the impact of • lifestyles on their health and • well being; and • provide comfort at the end of life.

3. Less often recognized is the hospital’s contribution to the local economy, such as the people it employs and the impact of its spending. «NAME» is critical to the economic viability of our community. «NAME» is a major source of employment and purchaser of goods and services, as well as providing health care that allows people to be productive citizens.

4. <<Hospital Name Here>> Direct and Indirect Impact on Our Community Jobs «Employees_on_Local_ Economy_Jobs» Economic Impact Payroll «Payroll_on_Local_Economy_» Supply Purchases «NonSalary_on_Local_Economy_» Capital Spending «Capital_on_Local_Economy_» Total Impact «Total_Impact»

5. This report, prepared with assistance from the Mississippi Hospital Association, highlights the significant role «NAME» plays within our local community. It identifies and measures the direct involvement of «NAME» on the local economy and demonstrates the “ripple” effect of the dollars the health care sector brings into the community and the jobs it helps create. In addition, it illustrates the benefit the hospital provides for a safe, stable, and healthy community.

6. «NAME» • An Economic Anchor to Our Community • In addition to enhancing • the health and well being of • the communities it serves, • «NAME» also contributes • significantly to the area’s • economic health. In 2005, • we had an estimated total • annual economic impact of • «Total_Impact».

7. «NAME» • As an Employer • «NAME» employs «Employees» people, with a total payroll of «Payroll». Hospital payroll expenditures serve as an important economic stimulus, creating and supporting jobs throughout the local and state economies. • Dollars earned by «NAME» employees and spent on groceries, clothing, mortgage payments, rent, etc., generate approximately «Payroll_on_Local_Economy _» in economic activity for the local economy.

8. «NAME» • Purchasing • «NAME» spends about «NonSalary» per year on the goods and services it needs to provide health care—for example, medical supplies, electricity for its buildings, and food for patients. Funds spent to buy goods and services flow from the hospital to vendors and businesses and then ripple throughout the economy. • Dollars spent by «NAME» generate approximately «NonSalary_on_Local _Economy_» for the local economy.

9. «NAME» • Capital Spending • In 2005, «NAME» spent «Capital» on buildings and equipment. • Capital spending by «NAME» generates approximately «Capital_on_ Local_Economy_» for the local economy per year.

10. 2. «NAME» A “Zone of Safety” Communities can take comfort in knowing that their local hospital is preparing today for the new challenges of tomorrow. In this new world, hospitals do more than provide medical care to the community. Hospitals are a place of refuge, food, shelter, and information in times of distress. [Mention any role that your hospital has played in a natural or non-natural disaster, stressing the community’s reliance on your organization. Include any role your hospital has had in emergency preparedness related to individual facility efforts, local efforts, or county preparedness efforts.]

11. 3. «NAME» A Good Neighbor «NAME» has a positive impact on the surrounding neighborhoods. We contribute to civic and cultural programs, make space available to community groups, and improve the environment. [Include community projects your hospital has been involved in to improve its surrounding neighborhood. Examples could be improving and/or construction of area housing, environmental improvements, etc.]

12. 4. «NAME» Providing Other Important Economic Benefits [Your hospital may be involved with projects or programs that add significant dollars to the regional economy. Following are several examples. Please fill in the blanks where appropriate and adjust your total economic impact figure accordingly.]

13. Medical and Nursing Education: Students in the «NAME» teaching/nursing program spend about $____ per year in the community for housing, food, transportation, books, entertainment, clothing, utilities, insurance, and supplies. • The medical education program brings about $____ per year into the region from state and federal funding sources. In addition, the nurse/nurse aide education programs serve a wide variety of people in the community, including those who are pulling themselves out of poverty and the need for public assistance.

14. Construction: Construction activity at «NAME» affects the local economy from the convenience store located down the street to the insurance agent providing policies for the contractors and other companies working on the project. Construction projects totaling approximately $____ are currently underway at «NAME». These projects generate local jobs and revenue and result in improved health care delivery for the community.

15. Research: «NAME» research programs draw $____ in funding from sources outside the community per year. • Grants: «NAME» is the recipient of a $____ grant for the purpose of _________________________________ for the years ______________________. • Visitors:«NAME» attracts a variety of visitors, including _______________________ (e.g., vendors, prospective students, students’ families, academic visitors) who use a variety of community services, including hotels, car rentals, and restaurants.

16. 5. «NAME» • Caring for Our Community • «NAME» provides vital health care services to our community. In 2005, we had: • _____ inpatient visits, • _____ outpatient visits and procedures, and • _____ emergency room visits each year. • [Add others as appropriate, e.g., deliveries.]

17. Through programs aimed at preventing disease before it occurs, «NAME» saves individuals and the community millions of dollars in treatment costs and lost earnings. • [Mention specific programs from your Community Service Plan or community health program.] • Through screening programs, «NAME» can detect medical conditions in the population earlier, thus lowering the costs of treatment. • [Mention specific programs from your Community Service Plan or community health program.]

18. In addition, the institution contributes to a variety of community service initiatives. • [Mention specific programs from your Community Service Plan or community health program.] • Hospitals across the state provide care for the uninsured and underinsured. «NAME» has provided uncompensated care: • _______ Charity Care • _______ Bad Debt

19. Conclusion Hospitals are a key ingredient to Mississippi’s quality of life and to keeping our communities healthy and vibrant. «NAME» is a major contributor to both the local and state economies and to keeping families healthy and secure by providing needed health care services. [Hospital Logo Here]

20. The data and information contained in this report provide strong evidence that the economic benefit of our hospital on the local and state economies is significant. To continue to attract jobs to and maintain families in Mississippi, it is critical that the state have high quality health care providers and services. We urge our legislators, members of Congress, and community leaders to recognize that our hospital is instrumental to supporting the state and local economy and that steps need to be taken to continue to invest in our state’s health care system.