Baptist Memorial Health Care is an award-winning network dedicated to providing compassionate, high-quality care for patients.
Baptist Memorial Health Care operates 14 hospitals in West Tennessee, North Mississippi, and Northeast Arkansas. With more than 12,000 full-time equivalent employees, Baptist serves the medical needs of its communities, while also playing a significant role in area economies.
Baptist Memorial Hospital-Memphis was built in 1979 and has 706 licensed beds and approximately 2,900 full-time equivalent employees. In fiscal year 2012, the hospital recorded 58,333 emergency room visits, 12,283 surgeries, 25,997 discharges, and an average daily census of 496. Baptist Memphis is a comprehensive health care facility that provides a full range of services, including cardiac care, general surgical services, heart transplant services, medical and surgical intensive and acute care, nuclear medicine, open-heart surgery services, PET scanning, and stem cell transplant services.
A study conducted by the Sparks Bureau of Business and Economic Research at the University of Memphis showed the economic impact of Baptist on the surrounding local economies. The total production of goods and services created by Baptist Memphis was valued at over $967 million; total salaries, wages, and benefits valued $428 million; state and local taxes generated by the hospital was more than $33 million; and more than 7,300 full and part time jobs were created.
The report was prepared by Sparks Bureau of Business and Economic Research Center for Manpower Studies Fogelman at the College of Business & Economics at The University of Memphis
The economic impacts described in this report were derived from Baptist's total net revenues from direct operations during fiscal year 2012 (FY2012) using the IMPLAN© statistical model. In the course of normal operations, Baptist spends these revenues on a wide variety of goods and services, including medical supplies, wages and benefits, contract labor, repairs and maintenance, food services, and non-medical supplies and services. Subsequently, both Baptist employees and employees and owners of Baptist suppliers spend incomes derived via business or employment with Baptist across all spectrums of the local economy.
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