Calculating the economic impact of healthcare facilities on communities.


A methodology has been developed to calculate the direct, indirect, and induced spending effects of a healthcare facility on the community it serves. This methodology may be used by financial managers to produce data that demonstrate the effect of facilities on local economies. The data may be used by administrators to increase awareness of the pivotal… (More)


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@article{McDermott1994CalculatingTE, title={Calculating the economic impact of healthcare facilities on communities.}, author={Roger McDermott and R. J. Parsons and Gary C. Cornia}, journal={Healthcare financial management : journal of the Healthcare Financial Management Association}, year={1994}, volume={48 5}, pages={37-8, 40, 42-4} }