The report looked at employment and the sum of payroll and employee benefits expenses as the direct economic activities that impacted the state.
In total, Iowa hospitals employed more than 70,000 people. Hospitals provided roughly $3.9 billion in salaries and benefits and another $2.3 billion on jobs that rely on hospitals. Additionally, Iowa hospital employees spent roughly $1.7 billion on local retail sales, which contributed to more than $104 million in state sales tax revenue.
Related Articles on Hospital Economic Impacts:
Mississippi Hospitals Generate $11.9B Toward State Economy
Colorado Hospitals Contributed $18.8B to State Economy in 2010
Wisconsin Hospitals Generated $28B in Economic Activity in 2010
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit