Last year, the Mohawk Valley Health System (MVHS) and Wynn Hospital generated more than $2 billion in economic activity in the region. This analysis was conducted by the Healthcare Association of New York State (HANYS).
“The Wynn Hospital provides much needed medical care to the community,” said Darlene Stromstad, FACHE, MVHS president/CEO. “But it also supports the economic health of the region. In fact, MVHS is one of the top private sector employers in the county, but our contributions extend far beyond our role as employer.”
The HANYS analysis indicates that MVHS and Wynn Hospital were responsible for generating 6,400 jobs due to MVHS employees purchasing goods and services locally. The organization expended $332 million in payroll for its employees and generated $151 million in tax dollars through spending and payroll.
“There are numerous clinical professionals – such as nurses, physicians, techs and therapists – at MVHS, and we also employ individuals in information technology, human resources, environmental services and many other roles,” added Stromstad. “The purchasing power of our nearly 3,600 employees (3,400 full-time employees) supports area businesses such as restaurants and coffee shops, neighborhood supermarkets, retailers and service providers throughout the community.”
Additionally, HANYS’ Economic & Community Benefit report highlights that MVHS invested $134 million in community initiatives. These include subsidizing care for those in need and supporting community health improvement activities with both financial resources and human resources.
“We’re proud to develop and partner in initiatives to keep our community healthy and improve the quality of life,” Stromstad said. “MVHS provides high-quality clinical care to thousands each year with 489,000 outpatient visits; 74,000 treated in the Emergency Room; 20,000 admitted to hospital; 1,200 babies delivered. And our organization is a major driver for our local economy.”
Stromstad concluded by stating: “The Wynn Hospital is changing healthcare in our region; expanding the role MVHS plays in our community’s health well-being strengthening contributions made local state economy.”
HANYS’ analysis examined economic activity community benefits New York State hospitals reports available statewide regional legislative district hospital- system-specific levels.
For more information visit mvhealthsystem.org/wynn-hospital.
