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Kansas City, MO-KS

Kansas City, MO-IL
Q2 2011 - Market Summary

The near-term demand for health care workers in the Kansas City metro area remained relatively flat during Q2 despite much activity. Of note, Centerpoint Medical Center announced plans to add two operating rooms, North Kansas City Hospital announced plans for a $16 million expansion of its ED, St. Luke’s East is set to begin a $68 million expansion project that will add 182,000sf and more than 100 beds, and Overland Park Medical Center has finalized plans for a $121 million expansion that includes a 72-private-bed tower and a larger, renovated emergency department.

On a comparative basis, the Kansas City health care labor market is inline with much of the rest of the country. Its Q2 LMPI score of 48.6, up 4% from the prior quarter, was just under the national composite of 49.9, down 3% from the prior quarter.



Q2 Workforce Announcements

Centerpoint Medical Center will add operating rooms. June 14, 2011
Centerpoint Medical Center is adding two operating rooms, part of a $5.2 million expansion of its surgery department. The hospital announced the project and said it will enlarge the department from eight to 10 operating rooms. Contractors roughed out space for the two rooms when they built Centerpoint five years ago.
http://www.bizjournals.com/kansascity/news/2011/06/14/centerpoint-medical-center-will-add.html

North Kansas City Hospital plans $16M emergency department expansion. June 13, 2011
North Kansas City Hospital plans a $16 million expansion of its emergency department to deal with the continual rise in patient visits.
The hospital plans a Tuesday announcement about the project, which will move the emergency room across the street from the hospital and expand it from the current 18,000 square feet to almost 31,000 square feet. The number of beds won’t change from the current 42, but all will be private rooms and benefit from more natural light. Although the ER initially will operate with the current work force, it probably will need to hire additional physicians, nurses and support staff as patient loads increase.
http://www.bizjournals.com/kansascity/news/2011/06/13/north-kansas-city-hospital-plans-16m.html

Victory Junction creates roughly 200 jobs in Kansas City area. June 9, 2011
Victory Junction, a camp for chronically ill children, will be hiring roughly 200 full-time and part-time employees before the camp opens in the spring of 2013. There will be between 90 and 120 full-time, year-round positions and the same number of seasonal positions in the summer.
http://www.bizjournals.com/kansascity/news/2011/06/09/victory-junction-creates-roughly-200.html

Saint Luke’s East preps for $68M expansion. June 8, 2011
Saint Luke’s East is set to begin work on a $68 million expansion aimed at dealing with the continued influx of new patients. The series of projects will add a total of 182,000 square feet and more than 100 hospital beds. The expansion will generate at least 150 new jobs initially, a number that will increase as the rest of the fifth floor and NICU are built out and that doesn’t include the larger number of dietitians, lab workers and radiologists who will be necessary to support the larger patient population.
http://www.bizjournals.com/kansascity/news/2011/06/08/saint-lukes-east-preps-for-68m.html?page=all

Overland Park Regional Medical Center preps for $121M expansion. April 29, 2011
Overland Park Regional Medical Center has finalized plans for a $121 million expansion. The project includes a five-story, 72-private-bed tower and a larger, renovated emergency department.Construction on the project, which still requires city approval, is expected to begin late this year and be done in late 2013 or early 2014. It will add about 130 new jobs.
http://www.bizjournals.com/kansascity/print-edition/2011/04/29/overland-park-regional-medical-expansion.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 Q2 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 7/7//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 7/7/2011

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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