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SMCH Contributed Over $31 Million To Local Economy In 2023 main photo

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. 

Read the full article here.

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Iowa By the Numbers

#5

Iowa Is The 5th Best-run State In The Nation

24/7 Wall Street, 2018

#2

Iowa Has The #2 Lowest Cost Of Doing Business In The Country

Business Facilities, 2017

$30.058b

Contribution From Iowa's Largest Industry Sector - Advanced Manufacturing

Bea, 2019

80

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