The Economic Impact of the Member Hospitals of …
The Economic Impact of the Member Hospitals of the Dallas-Fort Worth Hospital Council on the State of Texas and the Dallas-Fort Worth Area
Dallas-Fort Worth Hospital Council 300 Decker Drive Irving, TX 75062 May 2017
The Economic Impact of the Member Hospitals of the Dallas-Fort Worth Hospital Council
on the State of Texas and the Dallas-Fort Worth Area
A Study Commissioned by: The Dallas-Fort Worth Hospital Council
To Measure the Impact of the Member Hospitals of the Dallas-Fort Worth Hospital Council on Texas and the Dallas-Fort Worth Area
Study completed by: Dr. Gerald A. Doeksen Regents Professor and Director National Center for Rural Health Works Oklahoma State University
Dallas-Fort Worth Hospital Council 300 Decker Drive Irving, TX 75062
May 2017
The Economic Impact of the Member Hospitals of the Dallas-Fort Worth Hospital Council
on the State of Texas and the Dallas-Fort Worth Area
Table of Contents
Page
EXECUTIVE SUMMARY ..............................................................................................ES-1
I. INTRODUCTION ..................................................................................................................1
II. TRENDS IN THE HEALTH CARE INDUSTRY .................................................................2 A. National Trends........................................................................................................2 B. Texas Health Trends ................................................................................................5 C. Dallas-Fort Worth Area Trends .............................................................................11 D. Collin, Dallas, Denton and Tarrant County Trends ...............................................20
III. STATISTICS OF THE MEMBER HOSPITALS.................................................................25
A. Results by Bed Size ...............................................................................................26 B. Results by County ..................................................................................................28
IV. THE IMPACTS OF THE MEMBER HOSPITALS ON THE STATE OF TEXAS............30
A. The Multiplier Effect .............................................................................................30 B. The Employment Impact on the Economy of the State of Texas ..........................32 C. The Labor Income Impact on the Economy of the State of Texas ........................33
V. THE IMPACTS OF THE MEMBER HOSPITALS ON THE ECONOMY OF THE
DALLAS-FORT WORTH AREA ...................................................................................36 A. The Employment Impact on the Economy of the Dallas-Fort Worth Area ...........36
B. The Income Impact on the Economy of the Dallas-Fort Worth Area....................37
VI. THE IMPACTS OF THE MEMBER HOSPITALS ON THE ECONOMIES OF COLLIN, DALLAS, DENTON, AND TARRANT COUNTIES..............................44
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APPENDIX A ? Model & Data Used to Estimate Employment and Income Multipliers.................................................................................................... A-1
APPENDIX B ? Detailed Data for the 30 Counties in the Service Area of Dallas-Fort Worth Hospital Council ..........................................................................B-1
Appendix B, Table 1 Population and Population Projections for Counties, Area, and State, 1990, 2000, and 2010 Censuses; 2016 Estimates; Projections 2020-2050
Appendix B, Table 2 Health Services and Total County Employment for Counties, Area, and State, 2004 - 2015
Appendix B, Table 3 Health Services and Total County Payroll ($1,000s) for Counties, Area, and State, 2004-2015
Appendix B, Table 4 Total Full-Time and Part-Time Employment by Type and by NAICS Industry for Counties, Area, and State, 2001-2015
Appendix B, Table 5 Personal Income by Major Component and Earnings by NAICS Industry for Counties, Area, and State ($1,000s), 2001-2015
APPENDIX C ? Impact Analysis by Hospital Facility/Hospital System.........................C-1 Baylor All Saints Medical Center, Ft. Worth Baylor Heart & Vascular Hospital Baylor Heart Hospital Denton Baylor Heart Hospital Plano Baylor Jack and Jane Heart & Vascular Baylor Medical Center Centennial Baylor Medical Center Garland Baylor Medical Center Grapevine Baylor Medical Center Irving Baylor Medical Center Plano Baylor Medical Center, Carrollton Baylor Scott & White - Sunnyvale Baylor Scott & White - White Rock Baylor Scott & White Lake Pointe Baylor Scott & White McKinney Baylor Scott & White Waxahachie Baylor University Medical Center Children's Health System of Texas Cook Children's Healthcare System Cook Children's Pediatric Surgery Center Hunt Memorial Hospital District JPS Health Network Tarrant
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Kindred Hospital - Arlington Kindred Hospital - Dallas Central Kindred Hospital - Dallas Greenville Kindred Hospital - Fort Worth Southwest Kindred Hospital - Fort Worth West Kindred Hospital - Mansfield Kindred Hospital - White Rock Medical City Alliance Medical City Arlington Medical City Dallas Medical City Denton Medical City Fort Worth Medical City Green Oaks Medical City Las Colinas Medical City Lewisville Medical City McKinney Medical City North Hills Medical City Plano Methodist Charlton Medical Center Methodist Dallas Medical Center Methodist Hospital for Surgery - Addison Methodist Mansfield Medical Center Methodist McKinney Hospital Methodist Rehabilitation Hospital Methodist Richardson Medical Center Methodist Southlake Hospital Palo Pinto County Hospital Parkland Health & Hospital System Texas Health Arlington Memorial and Heart & Vascular Hospital Arlington Texas Health Center Diagnostics Plano Texas Health Harris Methodist Alliance Texas Health Harris Methodist Azle Texas Health Harris Methodist Cleburne Texas Health Harris Methodist Ft. Worth Texas Health Harris Methodist Ft. Worth SW Texas Health Harris Methodist HEB Texas Health Harris Methodist Southlake Texas Health Harris Methodist Stephenville Texas Health Presbyterian Allen Texas Health Presbyterian Dallas Texas Health Presbyterian Denton Texas Health Presbyterian Flower Mound Texas Health Presbyterian Kaufman Texas Health Presbyterian Plano Texas Health Presbyterian Rockwall Texas Health Specialty Hospital Ft. Worth
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