Grady General Hospital Local Impact Nearly $40 Million
Thursday, May 5, 2011
The obvious benefit of a hospital like Grady General in a community is the care that it provides the emergency room visit in the middle of the night; the birth of a baby; the surgery for a family member.
But then you stop to think about how many people work at the hospital (Grady General is one of the largest employers in Grady County); or work at physician offices in town; or work at companies that do business with the hospital. And then you think about all of the places where those people shop and do business. This is what people mean when they say that Grady General Hospital is an economic engine for our community. It’s about jobs that help sustain our community and our quality of life.
The Georgia Hospital Association recently released its 2009 Economic Impact Report, which quantifies the impact that Grady General Hospital has on this community. Using the U.S. Bureau of Economic Analysis methodology, the report showed Grady General Hospital’s local economic impact was nearly $40 million, including the creation or sustainment of 297 full-time jobs.
“Archbold is reinvesting in Grady General, and these improvements to our physical plant and investments in technology will hopefully continue to help drive our success and provide a strong economic impact for many years to come. We’re also very thankful for the support we receive from members of our Hospital Authority, physicians, local members of the community, Grady General Hospital Support League, Ladies Auxiliary, and our dedicated employees, whose efforts also have great impact on our community.”
Archbold Medical Center—which includes Grady General Hospital, Archbold Memorial Hospital, two other affiliate hospitals, four nursing homes and Archbold Health Services—is one of the largest employers and economic engines in Southwest Georgia. Its regional economic impact was nearly $670 million in 2009, including the creation or sustainment of 4,718 full-time jobs.
Perry Mustian, Archbold Medical Center President and CEO, said, “Beyond the economic impacts estimated in this report, there is another type of benefit to our community that we are dedicated to at Archbold, and that is our community outreach. In 2010, Archbold provided over $40 million in the cost of free or reduced-fee care, free health screenings, support of health careers education and other community support. It’s a critical part of our mission as a not-for-profit hospital to meet community needs and we remain committed to that purpose.”