Hegg Health Center Creates Over $18 Million Impact on Local Economy
In all, Iowa’s Health Care Sector provides More Than 344,000 Jobs across State.
Hegg Health Center generates 403 jobs that add $18,333,657 to Rock Valley, Iowa’s economy, according to the latest study by the Iowa Hospital Association. In addition, Hegg Health Center employees, by themselves spend $3,708,490 on retail sales and contribute $222,509 in state sales tax revenue.
“We are proud to be able to contribute to the economic success of Rock Valley and surrounding communities” said Glenn Zevenbergen, CEO of Hegg Health Center. “When community members get their care here in Rock Valley, we in turn are able to reinvest back into the community, through sustainable and good paying jobs.”
The IHA study examined the jobs, income, retail sales and sales tax produced by hospitals and the rest of the state’s health care 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.
In all, the health care sector, which includes offices of physicians, dentists and other health practitioners, nursing home and residential care, other medical and health services and pharmacies, contributes over $19 billion to Iowa’s economy while directly and indirectly providing 344,495 jobs, or about one-fifth of the state’s total non-farm employment.
The Iowa Hospital Association is a voluntary membership organization representing hospital and health system interests to business, government and consumer audiences. All of Iowa’s 118 community hospitals are IHA members.