Genesis Medical Center, DeWitt Creates Over $10,000,000 Impact on Local Economy
DEWITT – Genesis Medical Center, DeWitt generates 226 jobs that add $10,769,949 to Clinton County’s economy, according to the latest study by the Iowa Hospital Association. In addition, GMC-DeWitt employees by themselves spend $2,543,803 on retail sales and contribute $152,628 in state sales tax revenue.
“Genesis Medical Center, DeWitt is an essential part of the community providing compassionate, local health care by professional medical staff. As a major employer, our employees’ wages, salaries, and benefits contribute to the economic stability and growth of our community. We are dedicated to the health and well-being of our residents through the high-quality health services we provide and proud of the positive economic impact we contribute to our local businesses and schools,” said Curt Coleman, Administrator.
“Our hospital was built by this caring and supportive community. Over the years we have added Westwing Place, a medical clinic, and launched a $5 million community campaign to expand and renovate the hospital. Our hospital provides quality compassionate care to all those in need. I am pleased to have the economic benefit of our facility pointed out by the IHA. As the Federal Government seeks to erode our autonomy and compress our margins we need to remain very aware of our heritage as well as the importance of having this facility and the many benefits it provides,” said Roger J. Hill, Hospital Trustee (1983 – Present).
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 71,437 people and create another 57,792 jobs outside the hospital sector. As an income source, hospitals provide $4.2 billion in salaries and benefits and generate another $1.8 billion through other jobs that depend on hospitals.
In all, Iowa’s health care sector, which includes employed clinicians, long-term care services and assisted living centers, pharmacies and other medical and health services, directly and indirectly provides 307,402 Iowa jobs, or about one-fifth of the state’s total non-farm 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 and tax support for an entire region,” said Kirk Norris, IHA president/CEO. “Just as no one provides the services and community benefits found at community hospitals, there is also no substitute for the jobs and business hospitals provide and create.”
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.