Crawford County Memorial Hospital does more than provide critical healthcare services. Last year, the facility injected $70.7 million into the local economy and supported 595 jobs, demonstrating the pivotal role hospitals can play in community development.
Crawford County Memorial Hospital had $70.7 million impact on economy
Key Takeaways:
- The hospital injected US$70.7 million into Crawford County’s economy.
- It provided 595 jobs, both directly and indirectly.
- Healthcare infrastructure plays a vital role in local economic stability.
- The facility’s contribution highlights the broader importance of hospital systems.
- These figures underscore how medical centers can serve as major local employers.
Economic Contribution
Crawford County Memorial Hospital is more than a healthcare facility; it is a cornerstone of the region’s financial well-being. According to the information provided, the hospital boosted the local economy by US$70.7 million last year. This funding flows through a range of channels, from hospital operations to employees’ spending in the community.
Job Creation
One of the most notable benefits of the hospital is job creation. The data show that Crawford County Memorial Hospital directly and indirectly supports 595 positions. This figure underscores the broad reach of healthcare institutions, which require not only medical staff, but also administrative personnel, facilities management, and supply services, enhancing overall employment levels in the area.
Impact on Local Community
Because of these substantial expenditures and employment figures, local businesses and service providers also benefit. From grocery stores to transport services, the ripple effect of hospital spending can be felt throughout Crawford County. By injecting fresh revenue into the local economy, the hospital supports healthy growth in areas beyond healthcare.
Looking Ahead
These financial and employment statistics highlight the importance of sustaining healthcare services in Crawford County. As long as patient care remains at the forefront, the hospital is poised to remain a key economic driver, ensuring more than just medical assistance—ultimately helping secure the region’s long-term economic health.