Charles City, Iowa – Iowa’s community hospitals generate more than 127,000 jobs that add nearly 6.8 billion dollars to the state’s economy, according to the most recent Iowa Hospital Association’s economic impact report.
Floyd County Medical Center in Charles City currently employs 198 people that over $14,500,000 to the economy in Floyd County.
In addition, Floyd County Medical Center employees spend over 2,700,000 on retail sales and contribute over $163,000 in state sales tax revenue.
CFO Bill Faust of Floyd County Medical Center talked about the importance of having a local hospital in a small community.
Faust said it’s important for political leaders both in the state of Iowa and in Washington D.C. remember the impact of local hospitals.
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.
Complete information from the IHA study, including economic impact data for each of Iowa’s hospitals can be found at ihaonline.org.