Riverside-San Bernardino-Ontario, CA
Q4 2010 - Market Summary

The near term demand for health care workers in the Riverside-San Bernardino-Ontario metro area improved more than any other major metro in Q4. Of note, the Loma Linda University Medical Center in Murrieta, in its homestretch of construction, will soon add 106 beds to southwest Riverside County, and the planned expansion and upgrade of San Gorgonio Memorial Hospital in Banning continues with construction of a new intensive care unit and emergency department that will add 16 intensive care beds and 24 ED beds.

Q4 Workforce Announcements

New medical center begins major development at Riverside air base. December 6, 2010
Demolition crews are taking down two large buildings once used by the Air Force and the Army Reserve. The base’s vacant five-story hospital will be leveled early next year. More than a dozen other old buildings will follow. In their wake will come the 145-acre March LifeCare medical campus, which will be home to the March Memorial Hospital, outpatient services for military veterans and civilians, office space and even a hotel. The March LifeCare project is expected to create more than 10,000 temporary construction jobs - and another 7,000 full-time jobs once it’s up and running four years from now.
http://www.scpr.org/news/2010/12/06/March-development/

Previous market news

Hospitals and Health Systems

Source: US News & World Report

Education Program Expansions and Closures

No notable education expansion or closure announcements during Q4 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 Riverside-San Bernardino-Ontario, CA market.

Source: www.census.gov accessed 1/5/2011

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 Riverside-San Bernardino-Ontario, CA market.

Source: www.bls.gov accessed 1/5/2011

Additional Factors Influencing HWS Labor Market Pulse^TM Index

• U.S. Census Bureau Population 4,115,871, #14 largest market
• U.S. Census Bureau Population #319 oldest market
• U.S. Census Bureau Population Growth 26.5%, #22 fastest growing market