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Sacramento-Arden-Arcade-Roseville, CA

Sacramento-Arden-Arcade-Roseville, CA
Q1 2011 - Market Summary



The near term demand for health care workers in the Sacramento area held steady during the 1st quarter of 2011. Of note, Sutter Health announced that it will add 15 beds at its inpatient rehabilitation center in Roseville late this year to meet increased demand. Mercy General is also gearing up to open a new $170 million heart center in mid 2012, that will include 91 private patient rooms, four cardiac operating rooms, an upgraded cardiac intensive care unit and a new cardiac rehabilitation area.

On a comparative basis, the Sacramento health care labor market remained steady during the first quarter. Its Q1 LMP score of 48.1 was up 1% from the prior quarter and just under the national composite of 51.5.



Q1 Workforce Announcements

Sutter expanding Roseville rehab center. March 11, 2011
 Sutter Health will add 15 beds at its inpatient rehabilitation center in Roseville late this year to meet increased demand for services as the population ages.
http://www.bizjournals.com/sacramento/print-edition/2011/03/11/sutter-expanding-roseville-rehab-center.html

California Hospital News Roundup. February 25, 2011
The final steel beam was set into place for Mercy General Hospital’s new $170 million heart center, which is scheduled to open in summer 2012. The 123,350 square-foot Alex G. Spanos Heart & Vascular Center will include 91 private patient rooms, four cardiac operating rooms, an upgraded cardiac intensive care unit and a new cardiac rehabilitation area.
http://www.californiahealthline.org/articles/2011/2/25/california-hospital-news-roundup-for-the-week-of-february-25-2011.aspx?topic=hospitals

Previous market news

Hospitals and Health Systems

Source: US News & World Report

Education Program Expansions and Closures

No notable education program expansions or 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 Sacramento-Arden-Arcade-Roseville, CA 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 Sacramento-Arden-Arcade-Roseville, CA market.

Source: www.bls.gov accessed 3/29/2011

Additional Factors Influencing HWS Labor Market PulseTM Index

  • U.S. Census Bureau Population 2,109,832, #25 largest market
  • U.S. Census Bureau Population #191 oldest market
  • U.S. Census Bureau Population Growth 17.4%, #53 fastest growing market
   

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