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Two Local Hospitals Responsible For A Combined Nearly $90 Million Economic Impact

Two area hospitals are responsible for a more than $89 million impact on our local economies. St. Anthony Regional Hospital in Carroll and Stewart Memorial Community Hospital in Lake City are both reporting results of the latest Iowa Hospital Association study. St. Anthony is responsible for 714 jobs that add $52.3 million to the Carroll County economy. In addition, those employees spend $17.2 million on combined retail sales and state sales tax revenue. For Stewart Memorial, their 404 jobs add nearly $20 million to Calhoun County’s economy, with employees spending more than $2.4 million on retail sales and over $145,000 in state sales tax revenue. St. Anthony CEO, Ed Smith says, “In addition to providing the highest quality health care and specialty services to the residents of west central Iowa, St. Anthony takes great pride in the vitality of our communities. It’s important that we attract and retain qualified professionals, who are committed to being a part of our communities, raising their families here and sharing an investment in the future of Carroll County.” Stewart Memorial CEO, Cindy Carstens adds, “The impact that Stewart Memorial and our employees have on the local economy helps to assure a solid economic future for Calhoun County. Decisions for industrial and business locations are significantly influenced by the availability of quality schools and health care. Economic growth is significantly less likely to occur without a strong health care organization.”

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