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Kansas City, MO-KS

Kansas City, MO-IL
Q1 2011 - Market Summary



The near term demand for health care workers in the Kansas City metro area improved slightly during the first quarter of 2011. Of note, Shawnee Mission Medical Center finished its $20 million expansion, increasing the facilities capacity to 504 beds. On the other hand, Providence Medical Center and Saint John Hospital laid off a total of 89 employees between the two hospitals, due to fewer patients and increased uncompensated care.

On a comparative basis, the Kansas City health care labor market improved slightly as measured by its Q4 LMPI score to 46.8, up 2% from Q4 and weaker with the national composite of 51.5.

Please note that the Q4 2010 totals have been slightly revised.


Q1 Workforce Announcements

More Kansas City-area pharmacy grads hit job market as demand slows. March 4, 2011
 Increased enrollment and the slowed economy have caught up with the pharmacy industry, making it tougher than ever for new graduates to find jobs.
“In the last three years, there’s been a very dramatic shift from a shortage across the nation to what will soon be probably an excess.”
http://www.bizjournals.com/kansascity/print-edition/2011/03/04/more-kansas-city-are-pharmacy-grads.html

Shawnee Mission Medical Center finishes $20M expansion. March 3, 2011
Shawnee Mission Medical Center has opened the top two floors of its new critical care tower, a nearly $20 million project. The 265,000-square-foot tower increases the hospital’s capacity from the 383 beds of the older, six-story tower, to 504 beds between the two.
http://www.bizjournals.com/kansascity/news/2011/03/03/shawnee-mission-medical-center.html

Providence Medical Center, Saint John Hospital lay off 89. February 17, 2011
Providence Medical Center has cut 72 workers as a result of fewer patients and increased uncompensated care. Saint John Hospital, another affiliate, trimmed 17 employees - bringing the total to 89 eliminated positions between the two hospitals.
http://www.bizjournals.com/kansascity/news/2011/02/17/providence-medical-saint-john-cut-staff.html

Previous market news

Hospitals and Health Systems

Source: US News & World Report

Education Program Expansions and Closures

No notable education program expansions and closures announced during Q1 2011.

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 3/29/2011
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 3/29/2011

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
   

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