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Hospitals add $6.2 billion to Iowa economy

February 12, 2013

Iowa hospitals generate more than 133,000 jobs that add nearly $6.2 billion to the state's economy, according to a new report from the Iowa Hospital Association. As Iowa legislators debate expanding the state's Medicaid program to cover more low-income residents, IHA said one aspect of the debate is the economic impact of expansion. "We can't ignore the fact that Medicaid expansion would bring as much as $600 million a year to Iowa's economy," said Iowa Hospital Association President and CEO Kirk Norris. "That is a huge influx of dollars that would spread across the state. It's not unlike a major business choosing to relocate to Iowa, but the impact is much broader and beneficial to far more Iowans."