M. Vaughan et al., THE CONTRIBUTION OF HOSPITALS TO A LOCAL ECONOMY - A CASE-STUDY IN IOWA AND ILLINOIS, Health care management review, 19(3), 1994, pp. 34-40
This study assessed the importance of the hospital sector to a regiona
l economy by examining the estimated effects of direct and indirect ho
spital spending on the income and employment of a metropolitan region
in Iowa and Illinois. The evaluation included the role of hospital ser
vices as a regional ''export.'' In addition, the stabilizing impact of
hospital spending during business cycles was examined. Results of the
study indicated that the hospitals played a vital role in the economi
c stability and growth of the local community.