West Virginia Executive Spring 2024 | Page 66

Health Care : Hospital
By Jim Kaufman , President & CEO , West Virginia Hospital Association
Hospitals are major economic catalysts , supporting West Virginia ’ s economy and expanding community outreach . They serve as foundational economic engines in communities throughout the state . Future economic success is intertwined with sustaining a vibrant , financially strong and sophisticated health care system ready to deliver high-quality modern health care services into the future .
West Virginia residents want to have peace of mind that they have timely access to high-quality care close to home . West Virginia hospitals directly employ 53,000 people statewide , indirectly employ another 43,000 people and contribute more than $ 1 billion in community benefit , with a total annual economic impact of $ 12.5 billion . They pay $ 3.5 billion in direct wages and benefits and $ 214 million in annual taxes . The data reinforces the connection between West Virginia ’ s economy and the role of its hospitals as economic drivers .
Beyond administering lifesaving and emergency medical care to patients around the clock , all hospitals provide incomparable value to their communities . West Virginia hospitals have invested more than $ 102 million in community benefit activities to improve the health of the local citizens , neighborhoods and communities . Community benefit activities include providing screening services , working to improve public health through wellness and nutrition activities , educating medical professionals and conducting research to fight disease .
Total Health Care Workforce : 123,798 Health Care GDP Contribution : $ 9.6 million
Top Hospital Employers : 1 . WVU Medicine 2 . Vandalia Health Network 3 . Marshall Health Network 4 . Mon Health 5 . Thomas Hospitals
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WEST VIRGINIA EXECUTIVE