May 20, 2024

Recent study shows hospital’s economic impact

Last year, Adair County Health System generated 224.9 jobs that added over $11.4 million to Adair County’s economy, according to the latest study by the Iowa Hospital Association.

“This study from IHA provides good data on how important ACHS is to the Adair County economy. The support of our community is very important for our future. When you come to us for care, you are helping support your county, your neighbor, or possible family members who work at the hospital,” said Matt Haley, CFO at Adair County Health System. “We continue to bring new services to the county to ensure you can get all your care here. Our highest priority at ACHS is providing exceptional care for our patients close to home.”

The study was compiled from hospital-submitted data to the American Hospital Association’s annual survey of hospitals. The study found that Iowa hospitals employed 145,252 people in 2022. As an income source, hospitals provided over $9.3 billion in wages. Hospital expenses accounted for over $21.5 billion of the state’s gross domestic product.

“Iowa’s hospitals and health systems implemented the programs and services accounted for in this study in response to their communities’ needs,” IHA President and CEO Chris Mitchell said. “Many of these programs and services wouldn’t exist without hospital support and leadership. These efforts, with IHA’s advocacy, help ensure the financial stability of hospitals, making it possible for them to provide the services and programs most-needed by the people they serve.”

The Iowa Hospital Association is a voluntary membership organization representing hospital and health system interests to business, government, and consumer audiences.