Frankfort Regional Medical Center

Spring/Summer 2016

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Community 299 King's Daughters Drive Frankfort, Ky 40601 This publication in no way seeks to serve as a substitute for professional medical care. Consult your physician before undertaking any form of medical treatment or adopting any exercise program or dietary guidelines. Contributing to the In every community, the local hospital is vitally important, not only for the healthcare services they provide, but for their contribution to the economy. Below are just a few of the economic indicators of how Frankfort Regional Medical Center positively impacts our community. IN 2015, FRANKFORT REGIONAL MEDICAL CENTER: •Cared for 5,448 people on an inpatient basis. •Welcomed 820 babies into the world. •Treated 40,593 people in our emergency department. •Had 49,481 outpatient visits. •Provided over $28 million in uncompensated care to patients (including charity care, bad debt and uninsured discounts). JOBS & PAYROLL •Frankfort Regional Medical Center provides more than 700 jobs in the community, generating approximately $39 million in annual local payroll. We are one of the largest employers in Franklin County. TAX PAYMENT •Frankfort Regional Medical Center paid nearly $470,000* in city and county occupational taxes and public school occupational taxes. •Frankfort Regional Medical Center paid approximately $1.8* million in provider taxes to the state to help support the Kentucky Medicaid program. When matched with federal funds, their provider tax supports $5.9* million in state Medicaid spending. •Kentucky receives $2.3* million in income and sales taxes linked to the wages and salaries of Frankfort Regional Medical Center employees. INVESTMENTS •In 2015, Frankfort Regional Medical Center spent $6 million on capital projects, which created additional local construction jobs. * Provided by KHA's Kentucky Hospitals' Economic Importance to Their Communities, 2014 Community

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