The reopening of the Tulare Regional Medical Center will generate approximately $107.1 million in economic impact annually and support over 660 jobs, according to an economic impact analysis commissioned by the Tulare County Economic Development Corporation and prepared by Impact DataSource of Austin, Texas. The report analyzed the planned investments and hiring proposed by Adventist Health in reopening the medical center and calculates the economic and fiscal impact associated with the investment. The study was sponsored by Tulare County Board of Supervisors, SoCal Gas, Tulare Chamber of Commerce, Greater Tulare Chamber Trust, Tulare Hospital Foundation, Sequoia Regional Economic Development Foundation, and Adventist Health. “The impact of the hospital is significant, not just in the medical care it provides and the lives it saves, but it also economically benefits nearly every industry sector in the County through local spending and payroll” stated Tulare County Supervisor Pete Vander Poel. Tulare Chamber President & CEO Donnette Carter added “With an average salary of $74,500 for hospital workers, the restoration of lost jobs and addition of new ones will have a positive impact in local spending as the hospital reopens and ramps up to full operation.” The economic impact is measured based on employment, compensation to employees, economic output and the value added from the operation. “Economic impact is more than the direct spending of the hospital and employees, as indirect spending and activity create additional economic impact and support further jobs in the community” stated EDC Vice Chairman Colby Wells of SoCalGas. “We appreciate the leadership of the EDC in assembling sponsors and facilitating this study. Adventist Health looks forward to the hospital’s reopening and to the economic health that will result”, said Adventist Health executive Randy Dodd. We’re grateful for the warm welcome we’ve received and are enjoying the many opportunities we’ve had to get to know our new community.” Tulare Hospital Economic Impact
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