UTICA, N.Y. — Mohawk Valley Health System (MVHS) and Wynn Hospital generated more than $2 billion in economic activity in the region, according to an analysis conducted by the Healthcare Association of New York State (HANYS). The HANYS analysis shows that MVHS and the hospital generated 6,400 jobs as a result of employees purchasing goods […]
UTICA, N.Y. — Mohawk Valley Health System (MVHS) and Wynn Hospital generated more than $2 billion in economic activity in the region, according to an analysis conducted by the Healthcare Association of New York State (HANYS).
The HANYS analysis shows that MVHS and the hospital generated 6,400 jobs as a result of employees purchasing goods and services locally, had a $332 million payroll to compensate MVHS employees, and generated $151 million in tax dollars by MVHS spending and payroll.
“The Wynn Hospital provides much needed medical care to the community,” MVHS President/CEO Darlene Stromstad contended in a statement. “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.”
Stromstad continued, “The purchasing power of our nearly 3,600 employees supports area businesses, such as restaurants and coffee shops, neighborhood supermarkets, retailers, and service providers throughout the community.”
The report also showed that MVHS invested $134 million in community initiatives including subsidizing care and services to those in need and supporting community health-improvement activities with both financial and human resources.
Stromstad added that MVHS had 489,000 annual outpatient visits, with 74,000 treated in the emergency room, 20,000 admitted to the hospital, and 1,200 babies delivered.
The HANYS’ analysis examined the economic activity and community benefits of hospitals across the state. To view the MVHS report, visit https://www.hanys.org/government_affairs/community_benefit/ and select Wynn Hospital under the hospital tab.
