Kansas City, MO-KS
Kansas City, MO-IL
Q1 2010 - Market Summary
The near-term demand for health care workers in the Kansas City metropolitan area held steady during Q1. Of note, Nueterra Healthcare is set to open a new hospital that will employ between 90 and 100 by the end of its first year. The hospital is a joint venture between Dallas-area physicians, Methodist Health System and Nueterra.
On a comparative basis, the Kansas City health care labor market remained inline with much of the other major metropolitan areas across the country. Its LMPI score of 47.4 for Q1 2010 was up from 42.2 in the prior quarter and comparable to the national composite index of 49.9.
Q1 Workforce Announcements
Nueterra Healthcare is set to open $38M hospital near Dallas. February 10, 2010
A $38 million hospital part-owned by Leawood-based Nueterra Healthcare LLC will start accepting patients. The hospital is a joint venture that involves Dallas-area physicians, Methodist Health System and Nueterra Healthcare. The hospital will employ between 90 and 100 by the end of its first year.
http://kansascity.bizjournals.com/kansascity/stories/2010/02/08/daily30.html
Hospitals and Health Systems
Source: US News & World Report
Education Program Expansions and Closures
No notable education program expansions and closures announced during Q1 2010.
Education Programs
Source: The Integrated Postsecondary Education Data System
Health of the Local Economy
Lower home ownership rates reduce the impact of home price fluctuations and increase the willingness of healthcare employees to relocate for better job opportunities. Below are home ownership rates for the overall Kansas City, MO-KS market.
Source: www.census.gov accessed 3/18/2010
The recent rising unemployment rates create new demands for health services. Higher unemployment shifts the mix away from higher margin procedures to more primary care in the emergency room and critical care for conditions that should have been treated early at a primary care physician. In general, rising unemployment also reduces turnover and engagement of employed workers, while low unemployment tends to increase intra market churn. Below are unemployment rates for the overall Kansas City, MO-KS market.
Source: www.bls.gov accessed 3/18/2010
Additional Factors Influencing HWS Labor Market PulseTM Index
- U.S. Census Bureau Population 2,002,047, #29 largest market
- U.S. Census Bureau Population #182 oldest market
- U.S. Census Bureau Population Growth 9%, #151 fastest growing market
- Executive Summary
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