Lehigh Valley, Pa.,
17
May
2016
|
06:00 AM
America/New_York

Lehigh Valley Health Network Contributes More Than $4.1 Billion to Pennsylvania’s Economy and Supports Nearly 27,000 Full-time Employees (Directly and Indirectly)

In total, Pennsylvania hospitals contribute $115 billion

Lehigh Valley Health Network annually contributes more than $4.1 billion to the state’s economy, according to information provided by The Hospital & Healthsystem Association of Pennsylvania (HAP). LVHN also supports nearly 27,000 full-time jobs, directly and indirectly, in the Lehigh Valley and northeast Pennsylvania.

“LVHN plays a major role in the economic and social well-being of our community,” said Brian A. Nester, DO, MBA, FACOEP, the health network’s president and CEO. “Not only do we provide care for our most vulnerable citizens, but we are changing the way care is delivered through a greater emphasis on outpatient care, population health, and the use of new technology. As the network grows and expands into new areas to provide its services to communities, the benefit to those communities is clear and significant.”

HAP reports that nearly $115 billion in statewide economic impact in 2015 is an increase of $4 billion from the previous year. This includes the support of 625,000 jobs, directly and indirectly. Health care spending stays in the local economy. Every dollar spent by hospitals results in an additional $1.23 spent in other parts of the economy through spinoff investments, resource utilization and purchasing.

“Hospitals and health systems continue to play a critical role as top employers and economic engines, at a time when the state and nation face great fiscal pressures,” said Andy Carter, HAP president and CEO. “They are dramatically changing the way they meet patient needs, and in doing so, new economic opportunities are being created.”

About LVHN

Lehigh Valley Health Network includes eight hospital campuses - three in Allentown including the region's only facility dedicated to orthopedic surgery, one in Bethlehem, one in East Stroudsburg, one in Hazleton and two in Pottsville, Pa.; 26 health centers caring for communities in seven counties; numerous primary and specialty care physician practices and 18 ExpressCARE locations throughout the region including the area’s only Children’s ExpressCARE at the Health Center at Palmer Township; pharmacy, imaging, home health services and lab services; extensive inpatient and outpatient rehabilitation services; and preferred provider services through Valley Preferred. Specialty care includes: trauma care at the region’s busiest, most-experienced trauma center treating adults and children, burn care at the regional Burn Center, kidney and pancreas transplants; perinatal/neonatal, cardiac, cancer care, orthopedics, and neurology and complex neurosurgery capabilities including national certification as a Comprehensive Stroke Center. The Lehigh Valley Cancer Institute, the Lehigh Valley Heart Institute and the Lehigh Valley Institute for Special Surgery give clinicians of the highest caliber the necessary infrastructure, programs and partnerships to help community members stay healthy and provide the most advanced treatment when needed. The Lehigh Valley Cancer Institute is a formal member of the Memorial Sloan Kettering (MSK) Cancer Alliance, a transformative initiative to improve the quality of care and outcomes for people with cancer in community health care settings, including access to key MSK clinical trials. Robotic surgery is offered in ten specialties across the health network with more than 10,000 procedures performed since 2007. Lehigh Valley Children’s Hospital, the only children’s hospital and Level 4 NICU in the region, provides care in more than 30 specialties and general pediatrics. Lehigh Valley Hospital–Cedar Crest has been recognized among the top five hospitals in Pennsylvania by U.S. News & World Report for for five consecutive years. Lehigh Valley Hospital–Cedar Crest, Lehigh Valley Hospital–17th Street and Lehigh Valley Hospital–Muhlenberg are national Magnet hospitals for excellence in nursing. Additional information is available by visiting LVHN.org, or following us on Facebook and Twitter.