The Impact of Catholic Healthcare Partners' Healthcare Facilities on the Economy of the State of Ohio
Catholic Healthcare Partners (CHP) operates 19 hospitals and 11 long term care
facilities across Ohio. Their combined employment and business interactions create
significant economic benefits across households and industries in Ohio. This report
estimates the economic impact of CHP’s Ohio healthcare facilities on employment,
household earnings, and business sales in the State of Ohio for the 2005 calendar
- The total economic impact of CHP’s Ohio healthcare facilities in 2005 was $5.16 billion. This includes a household earnings impact of more than $1.89 billion. The total impact on employment in the State of Ohio was 51,735 jobs.
- The total economic impact of capital expenditures (construction, information
technology, and other capital equipment) in 2005 was $558.4 million.
- Together, these economic activities during 2005 generated $117.3 million in state
and local tax revenues.
Expenditures and Employment
- In 2005, CHP’s Ohio healthcare facilities had expenditures that totaled $2.21
billion. Wages and benefits for CHP employees accounted for 49.3 percent of all
- When all personnel expenditures are considered (contracted professional and
temporary services, as well as pensions and social security payments, in addition
to wages and benefits), they account for 61 percent of total CHP expenditures.
- Altogether, CHP’s Ohio healthcare facilities employed a total of 24,557 people in
- In 2005, CHP’s Ohio healthcare facilities invested almost $12.8 million in
information technology to improve quality and efficiency.
- Insurance and drug costs have affected CHP as well as individual consumers.
Pharmaceutical expenditures accounted for 15 percent of non-personnel
operating expenditures for CHP’s Ohio healthcare facilities.
- CHP hospitals in Ohio spent a total of more than $183 million on their community
- CHP’s hospital employees account for 10.3 percent of all private hospital
employment in the State of Ohio.