Knoxville Hospital & Clinics Creates over $16 million Impact on Local Economy

KNOXVILLE, Iowa – Knoxville Hospital & Clinics (KHC) generates over 275 jobs that adds over $16.8 million to the Marion County economy, according to the latest study by the Iowa Hospital Association (IHA). In addition, KHC employees spend over $5.2 million on retail sales and contribute over $314,000 in state sales tax revenue.

“Knoxville Hospital & Clinics contributes to the strength of our county’s economy in many ways. One way we make a direct positive impact is with the number of area residents we employ and their salaries and benefits,” said KHC CEO Kevin Kincaid. “Having a strong medical center plays an instrumental role in attracting new businesses and residents to our area. Providing high quality health services throughout Marion County serves the health needs of our communities and keeps our economy moving forward.”

The IHA study examining the jobs, income, retail sales and sales tax produced by hospitals and the rest of the state’s health care sector found that Iowa hospitals directly employed 76,169 people and provided more than $5 billion in salaries and benefits. The study was compiled from hospital-submitted data on the American Hospital Association’s Annual Survey of Hospitals and with software that other industries have used to determine their economic impact.

Knoxville Hospital & Clinics is a non-profit community hospital serving Marion County and the surrounding area. Named a “Top 100 Critical Access Hospital” and Voted as Best of Red Rock Area’s “Best Place to Work” and “Best Hospitality”, KHC’s highly skilled medical staff and specialists provide personal, compassionate and innovative quality health care to patients. For more information regarding this release and other happenings at Knoxville Hospital & Clinics, call the Public Relations office at (641) 842-1485.