Hospitals’ community investments improve health, strengthen the economy,
improve quality of life and ensure a healthy workforce. Using the Triple Aim of
better health, better care and lower cost as a guide, hospitals are delivering
value in communities throughout the state.
Hospitals provide both community benefit and economic
impact. These contributions are support health improvement and economic value,
locally and statewide.
Hospitals benefit their communities in numerous ways. For
example, in 2015, Missouri hospitals delivered $2.7 billion in community
benefit — including $1.2 billion in uncompensated care — to communities
throughout the state.
Providing care for those without the resources to pay is an
essential part of hospitals’ community-focused mission. Charity care and bad
debt are combined to find the total uncompensated care provided. In 2015,
Missouri’s hospitals provided approximately $641 million in charity care and
incurred more than $577 million in bad debt at cost. Although uncompensated
care decreased by approximately $100 million between 2014 and 2015, the rate is
still above the 2013 total of $1.1 billion.
Hospitals’ community investments exceed charity care and bad
debt. In 2015, hospitals’ unreimbursed cost of caring for Medicare and Medicaid
beneficiaries exceeded $1 billion. In addition, hospitals provided nearly $13
million for medical clinical services, donated nearly $56 million to causes
within their communities and spent more than $376 million on the education of
Together, these investments are known as community benefit. When
uncompensated care is added to these other community-supporting investments,
hospitals provided more than $2.7 billion in value to their communities.
Hospitals have a significant impact on Missouri’s economy.
They provide a significant financial boost to the communities they serve, where
they often are the largest employer. In addition, hospitals must invest in
their infrastructure to ensure the highest quality care and patient satisfaction.
These investments underpin the economy of cities, small and large, providing
support for families and businesses throughout the state.
In 2015, Missouri’s hospitals employed nearly 153,000
individuals, with an annual payroll of $9.9 billion. Hospitals also invested
more than $1.8 billion in various capital improvement projects throughout the
state. These community investments help strengthen the health care system. They
also ripple throughout the economy, creating household income, opportunities to
build businesses and revenue for state and local government.
Hospitals are committed to delivering on the Triple Aim of
better health, better care and lower cost. Individually and as a community,
hospitals are working to building a stronger, healthier state and workforce.
Missourians who want to understand more about hospitals’ Triple Aim efforts can
compare hospital prices, quality and community investment on Focus on Hospitals.