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Rochelle Hospital Has Big Economic Impact

Rochelle Community Hospital is a critical mainstay for the local and state economy and jobs, providing stability and even growth during challenging economic times. According to a new report just released by RochelleCommunityHospital,the hospital employs 264 people, resulting in 226 additional jobs for the community, and generates a total annual impact of $65,255,265 on the local and state economy.

 The report, Rochelle Community Hospital: Our Impact on the Economy, was developed in conjunction with the Illinois Hospital Association and their latest publication, Illinois Hospitals and Health Systems $83.4 Billion State Economic Impact.

  CEO Mark Batty said that “Rochelle Community Hospital plays a vital role in supporting and strengthening the economy of our community and the state, contributing to the vitality of economic growth.”   He added that “By employing highly-skilled health care professionals and spurring more economic activity through our spending on goods, services and capital improvements, Rochelle Community Hospital is a key cornerstone of the local and state economy.”

Among the report’s key findings:

  • RochelleCommunityHospital employs 264 people, expending $11,817,477 a year on payroll, creating an additional 226 jobs for the local economy, and generating approximately $28,070,053 in economic activity in the community;
  • RochelleCommunityHospital spends $11,365,289 on goods and services, resulting in $26,995,971 in  economic activity  in the local and state economy;
  • RochelleCommunityHospital invests $4,289,665 in capital improvements to enhance and update facilities and major medical equipment, generating $10,189,241 in economic activity for the local and state economy; and
  • RochelleCommunityHospital has a total annual economic impact of $65,255,265.

 Rochelle Community Hospital absorbed $1.5 million in costs to care for patients without the ability to pay and $4.7 million in services not fully reimbursed by government programs. 

 Rochelle Community Hospital also provided a variety of classes to children in the community this past year including Safe Sitter, the importance of proper hand washing for grade school students, first aid class and a suicide prevention class for high school students, “Drinking, Texting and Driving: A Deadly Combination” car accident reenactment for high school students, and a “Healthy Kids/Healthy Choices” class for ages 9-12 teaching nutritional choices for snacks, hand washing and dental hygiene. 

 Rochelle Community Hospital’s Annual Report for 2012-2013 is available at rochelle hospital dot com.

 

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