Maricopa integrated health system economic impact analysis 2013
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Maricopa Integrated Health System: Economic Impact Analysis, 2013. August 27, 2014. Introduction. Seidman is consultancy arm of W. P. Carey School of Business, ASU Commissioned by MIHS to implement 3 analyses: Economic Impact of MIHS in 2013 Economic Impact of post-bond MIHS, 2015 – 2043

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Maricopa Integrated Health System: Economic Impact Analysis, 2013

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Maricopa integrated health system economic impact analysis 2013

Maricopa Integrated Health System: Economic Impact Analysis, 2013

August 27, 2014


Introduction

Introduction

  • Seidman is consultancy arm of W. P. Carey School of Business, ASU

  • Commissioned by MIHS to implement 3 analyses:

    • Economic Impact of MIHS in 2013

    • Economic Impact of post-bond MIHS, 2015 – 2043

    • Social ROI analysis

  • Today’s presentation focuses on the 2013 analysis


Typology of economic impact analysis

Typology of Economic Impact Analysis

Level of Sophistication

Degree

of

Completeness


Seidman s method

Seidman’s Method

Level of Sophistication

Degree

of

Completeness

  • REMI Model:

  • Partial Gross: Positive impacts of MIHS employment and supplier purchases alone

  • Partial Net: Also considers negative implications (state taxation & patient finance)


Cy2013 partial gross analysis inputs

CY2013 Partial Gross Analysis: Inputs


Cy2013 partial gross analysis az employment

CY2013 Partial Gross Analysis: AZ Employment

12,333

11,505

Job Years

Total Private Non-Farm Employment

Total Employment

Ratio of 1 MIHS job : 2 PNFE jobs

Sectoral Split: Total Private Non-Farm Employment


Cy2013 partial gross analysis other measures

CY2013 Partial Gross Analysis: Other Measures

$1.14 B.

Gross State Product

$1.13 B.

Gross State Product

$592 M.

Real Disposable Personal Income

$569 M.

Real Disposable Personal Income

$57 M.

State Tax Revenue

$55 M.

State Tax Revenue


Cy2013 partial net analysis inputs

CY2013 Partial Net Analysis: Inputs


Cy2013 partial net analysis az employment

CY2013 Partial Net Analysis: AZ Employment

8,930

8,327

Job Years

Total Private Non-Farm Employment

Total Employment

Ratio of 1 MIHS job : 1.13 PNFE jobs

Sectoral Split: Total Private Non-Farm Employment


Cy2013 partial net analysis other measures

CY2013 Partial Net Analysis: Other Measures

$834 M.

Gross State Product

$824 M.

Gross State Product

$456 M.

Real Disposable Personal Income

$439 M.

Real Disposable Personal Income

$37 M.

State Tax Revenue

$36 M.

State Tax Revenue


Maricopa integrated health system economic impact analysis 2013

660 South Mill Avenue, Suite 300

Tempe

AZ 85281

www.seidmaninstitute.com


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