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
year.
Economic Impact
- 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
expenditures. - 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
2005.
Other Findings
- 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
benefit activities. - CHP’s hospital employees account for 10.3 percent of all private hospital
employment in the State of Ohio.
“The UC case study on the impact of our signs was simple to participate in. The researchers were knowledgeable and easy to work with. Their requests were concise and respectful of our time. They reported findings in a manner that protected the confidentiality of our financial numbers.”- 
“The Economics Center has proven to be a great partner and an excellent resource to Cadmus. Their knowledge about the local community and economy—coupled with their analytic capabilities—have been important components of our evaluation and very well received by our client. We look forward to our continued collaboration with the Center.”- 
Julie has extensive experience in labor economics, particularly applying statistical methods to decision-making. She is proud to be a part of a professional, creative research team that brings a variety of approaches to addressing the issues of the larger community. - 
“The Economics Center partnered with ACEEE in providing a first-of-its-kind market study on the potential for energy efficiency investment in Greater Cincinnati. As a non-profit organization that has attracted nearly $20m of public and private investment in three years, we believed the Market Study is a critical building block in helping us achieve our goals.”- 
George’s major focus areas are regional economics and human capital. With his colleagues at the Economics Center, he continues to apply lessons learned in those fields to economic development and workforce development.
“We needed to communicate the value of our institution in the local community and the Economics Center’s economic impact analysis helped us accomplish that goal. They were very easy to work with and met our expectations. We will certainly utilize their services for economic analysis in the future and would recommend them to others.”- 
“We understand that great economic analyses is valuable only to the extent to which it can be understood and utilized. That is why our approach converges the science of research and the art of storytelling.”- 
Jeff has worked with leaders from the public, private, and non-profit sectors, designing and implementing economic development and research projects in response to diverse community issues.
“We're very pleased with the results of this study. Often times, when people think about arts and culture organizations, they do not take into account the economic benefits that come with the educational and entertainment benefits. That was one of our main goals when commissioning this project." 
“The Economics Center brings analytical expertise and valuable insights that helps our clients to develop and, then, communicate key messages. The research team understands we are in a world increasingly dependent on data for decision making. The Center is an important partner in our business and a valuable resource to our community.” - 
“As a research-based organization, Cincinnati Works relies heavily on the type of data and analysis the Economic Center provides. Their ability to analyze economic trends and assess the impact they have on job seekers and workforce development is valuable to the work that we do here at Cincinnati Works.” 
“The TIF Model is intuitive, easy and flexible for report to the Township Trustees to help them understand the resources that Deerfield Township may have available. The Trustees really appreciate having a tool that can inform planning for the future, beyond the upcoming year.” 
“The Center worked to understand our community and our needs. They developed a set of custom economic indicators for Newaygo County, MI. We believe that this information is critical for expressing unique assets of our community and in making important decisions for our economic vitality.” -