Los Angeles-Long Beach-Santa Ana, CA
Los Angeles-Long Beach-Santa Ana, CA
Q3 2011 - Market Summary
The near-term demand for health care workers in the Los Angeles metropolitan area dropped off notably during the third quarter. Of note, Simi Valley Hospital plans to close its transitional care center, terminating the hospital’s license to operate the 44-bed unit. On a positive note, Mission City Community Network opened a clinic to assist low-income and uninsured patients, and Children’s Hospital Los Angeles moved into its new facility.
On a comparative basis, Los Angeles health care labor market weakened during Q3 as measured by its Q3 LMPI score of 45.8, down 16% from the prior quarter and just below the national composite of 48.0.
Q3 Workforce Announcements
Simi Valley Hospital, September 23, 2011
Simi Valley Hospital plans to close its transitional care center rather than pursue costly renovations. Earlier in September, Simi Valley sent a letter to the Ventura County Board of Supervisors asking for the termination of the hospital’s license to operate the 44-bed transitional unit, effective Oct. 10.
http://www.californiahealthline.org/articles/2011/9/23/california-hospital-news-roundup-for-the-week-of-september-23-2011.aspx?topic=hospitals#ixzz1aK6PnQ87
Mission City Community Network, North Hills. August 12, 2011
Mission City Community Network opened a second clinic at its North Hills location in an effort to help the center double its caseload of low-income and uninsured patients.
The network received $500,000 in federal grants for the expansion, which it used to secure matching funds from local governments. Kaiser Permanente also donated supplies for the new facility. The $1.6 million clinic expands the number of exam rooms from 12 to 24. Mission City said it expects to see 4,000 to 5,000 more patients during the next two years because of the expansion. http://www.californiahealthline.org/articles/2011/8/12/california-hospital-news-roundup-for-the-week-of-august-12-2011.aspx?topic=hospitals#ixzz1aK17Jgew
Children’s Hospital Los Angeles. July 22, 2011
Nearly 200 pediatric patients ranging from infants to teenagers recently moved from their unit at Children’s Hospital Los Angeles to the hospital’s new $636 million pavilion.
More than 600 hospital employees underwent months of intensive preparation to move the patients to the new seven-story, 317-bed Marion & John E. Anderson Pavilion. The older hospital building has 286 beds. The new pavilion also includes a 26-bed emergency department and a larger trauma unit.
http://www.californiahealthline.org/articles/2011/7/22/california-hospital-news-roundup-for-the-week-of-july-22-2011.aspx?topic=hospitals#ixzz1aK3v2R1x
Hospitals and Health Systems
Source: US News & World Report
Education Program Expansion and Closures
No notable education program expansions and closures announced during Q3 2011.
Education Programs
Source: The Integrated Postsecondary Education Data System
Health of the Local Economy
Declining home prices may cause healthcare employees to seek additional hours from current employers, delay retirement plans and be more willing to relocate for a better job opportunities. Below is the Case-Shiller Home Price Index for the overall Los Angeles-Long Beach-Santa Ana, CA market.
Source: http://www2.standardandpoors.com accessed 10/10/2011
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 Los Angeles-Long Beach-Santa Ana, CA market.
Source: www.census.gov accessed 10/10/2011
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 Los Angeles-Long Beach-Santa Ana, CA market.
Source: www.bls.gov accessed 10/10/2011
Additional Factors Influencing HWS Labor Market PulseTM Index
- U.S. Census Bureau Population 12,872,808, #2 largest market
- U.S. Census Bureau Population #298 oldest market
- U.S. Census Bureau Population Growth 4.1%, #242 fastest growing market
- Executive Summary
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