SMCH Contributed Over $31 Million To Local Economy In 2023
July 8, 2024
According to a recent Iowa Hospital Association (IHA) study, Stewart Memorial Community Hospital (SMCH) in Lake City contributed over $31 million to the local economy in 2023. CEO Linn Block says, “This hospital is more than just bricks and mortar; it’s the backbone of our local economy. As the largest employer in Calhoun County, we circulate millions of dollars back into our community, supporting local businesses, homes, and education.”
IHA’s data shows the hospital generated 464 jobs with a payroll and benefits tally of $19.6 million. Block notes SMCH’s contributions extend beyond financial impacts. The hospital sponsors local events, school activities, non-profit fundraisers, and more.
