An economic study commissioned by Memorial Hospital of Sweetwater County claims the hospital generated a $216 million economic impact within the county in 2015.
The report, which was posted on the hospital’s website, was created by Quorum Health Resources, a Tennessee-based company which provides consulting for independent hospitals, as well as purchasing and website support. Quorum health lists hospitals throughout Wyoming as clients and owns Evanston Regional Hospital.
Report Highlights
According to the report, the hospital’s impact includes 661 direct and indirect jobs related to the hospital, which results in $58 million paid in wages and benefits. The report sites healthcare as an important economic generator for both the county and the state. The annual average wage paid at MHSC is $67,352, higher than the average wage paid in what the study refers to as the Rock Springs MSA (metropolitan statistical area), which Quorum claims has 62,190 jobs paying an average of $48,010 annually. That statistical area encompasses the entirety of Sweetwater County.
As far as a direct impact on the economy, the study states the hospital has had a direct impact of $5 million through infrastructure improvements, and suggests a $4.5 million impact in the community since 2010.
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