According to a new report by the Iowa Hospital Association (IHA), UnityPoint Health Finley Hospital generates 1,490 jobs that add $79,062,275 to the Dubuque County economy. In addition, Finley employees themselves spend over $24 million on retail sales and contribute $1.4 million in state sales tax revenue.
The IHA study examined the jobs, income, retail sales, and sales tax produced by hospitals and the rest of the state’s healthcare sector. The study was compiled from hospital-submitted data on the American Hospital Association’s Annual Survey of Hospitals and with software that other industries have used to determine their economic impact.
The study found that Iowa hospitals directly employ 71,348 people. In all, Iowa’s health care sector, which includes employed clinicians, long-term care services and assisted living centers, pharmacies and other medical and health services, directly and indirectly, provides 312,821 Iowa jobs. As an income source, hospitals provide $4.3 billion in salaries and benefits.
Complete information from the study, including economic impact data for each of Iowa’s hospitals, is available on the IHA website.