A report from the Iowa Hospital Association (IHA) showed that Loring Hospital in Sac City contributed nearly $30 million to Sac County’s economy in 2024. The $29.7 million in total expenditures accounted for just over five percent of the county’s gross domestic product, with $12.1 million of that staying locally as wages for the 227 employees. Loring Hospital employs 7.5 percent of the workforce in Sac County, accounting for 8.1 percent of wages. Last year, just over $328,000 was delivered to residents through community benefits, such as charity care and bad-debt for individuals who needed health care but could not afford it. Many community service programs were offered, resulting in just shy of 632,000 encounters with community members. A link to view the full data from IHA on Loring Hospital is included below. Across the state, all hospitals contributed nearly $23 billion in expenditures, with nine percent of Iowans employed at a hospital, and Carroll Broadcasting will bring you more on the other hospitals’ impact in the listening area in upcoming newscasts.
IHA Reports Loring Hospital Contributed Almost $30 Million In Economic Impact To Sac County In 2024
