"The Ronan Report" provides insight about the activities at the Western Maryland Health System in Cumberland, Maryland, and about the changes taking place in healthcare today from a CEO's perspective.

Thursday, December 6, 2012

Maintaining Strong Economic Ties to Our Community

As I have blogged previously, WMHS is the region's largest employer with 2300 employees.  Our employees receive over $143 million in salaries and benefits and have an economic impact on the community of over $234 million.  For every job at WMHS, another 2 jobs are supported in the local economy equating to another 4,500 jobs in our region.  The overall economic impact of WMHS on the region exceeds over $300M with local purchases for goods and services exceeding $20 million.  During FY 2012, over $16 million was spent on financial assistance for patients who could not afford their care, which was a 28% increase over the previous fiscal year.  Another $26 million supported programs and services that benefit the community.  These programs fell into the following categories:  community health services, health professions education, mission driven services, financial contributions to non- profit organizations and community building activities.  Wow, that's a lot to be extremely proud of!

No comments:

Post a Comment