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Economic Impact of Healthcare Workforce

Economic Impact of Healthcare Workforce. Provided by the National Center for the Analysis of Healthcare Data September, 2013. Estimating the economic impact of a rural physician on local economy Partnership with the National Center for Rural Health Works. Physician Office Impacts

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Economic Impact of Healthcare Workforce

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  1. Economic Impact of Healthcare Workforce Provided by the National Center for the Analysis of Healthcare Data September, 2013

  2. Estimating the economic impact of a rural physician on local economy Partnership with the National Center for Rural Health Works

  3. Physician Office Impacts Employment 4 Wages, Salaries and Benefits $287,000 Total Clinic Revenue $394,000

  4. Physician Impact on Local Hospital Inpatient & Outpatient Visits, Employment, and Wages, Salaries & Benefits No. of Inpatient Visits 134 Inpatient Revenue $457,000 Outpatient Revenue $295,000 Total Hospital Revenue $752,000 Employment 13 Wages, Salaries & Benefits $435,000

  5. Summary of Physician Impact From Clinic and Hospital Activities

  6. Inputs $ Products $ Basic Industry $ $ Labor Inputs Goods & Services Households Services $ $ $ Estimate Secondary Impacts Community Economic System

  7. IN SUMMARYONE RURAL PHYSICIAN GENERATES: 23 Jobs $899,000 Wages, Salaries & Benefits $1,533,000 Total Revenue THIS IS A HUGE IMPACT

  8. NCAHD’s Healthcare Workforce Mapping Portal - Features • Visualize the individual providers at a national and regional level • Zoom in to see state, county and zip code aggregates of providers and demographic information at the total number or percentage • Users can download the data as a spreadsheet

  9. NCAHD’s Healthcare Workforce Mapping Application Demonstration Website: http://gis.ncahd.org

  10. Questions Ann K. Peton NCAHD Director 573-301-9654 apeton@vcom.vt.edu NCAHD website: www.ncahd.org

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