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Riverside-San Bernardino-Ontario, CA

Riverside-San Bernardino-Ontario, CA
Q4 2011 - Market Summary

The near-term demand for health care workers in the Riverside area improved notably during Q4. Of particular note, Kaiser Permanente opened its new $550 million hospital in Ontario in November. The 386,000 square-foot, full-service hospital includes a 36-bed emergency department, the first to open in the city in 20 years.

On a comparative basis, the strength of the Riverside health care labor market improved during Q4. Its LMPI score of 57.9 was up 19% compared to the national composite of 52.9, up 6% from the prior quarter.

Q4 Workforce Announcements

Jobless rate at low point for the year. December 17, 2011
Hiring is up at Desert Regional Medical Center, which posted 116 want ads in November, according to EDD figures. But most of the ads are for seasonal positions, said Hank Hudson, director of human resources at the Palm Springs hospital. “We do the bulk of our hiring from October to March and April,” said Hudson, who now has 77 positions open. “A lot of these staff are professional, traveling clinical people who will spend three to six months with us. “We also hire part-time,” he said. “We put them on payroll but they aren’t expected to work 40 hours.
http://www.mydesert.com/article/20111217/BUSINESS05/112170307/Jobless-rate-low-point-year?odyssey=tab|topnews|text|Frontpage

Kaiser Permanente Medical Center, Ontario. November 4, 2011
Kaiser Permanente opened its new $550 million hospital in Ontario, the Inland Valley Daily Bulletin reports. The 386,000 square-foot, full-service hospital includes a 36-bed emergency department. Greg Christian, executive director of the medical center, said the hospital’s opening is a milestone because it is the first ED to open in the city in 20 years.
http://www.californiahealthline.org/articles/2011/11/4/california-hospital-news-roundup-for-the-week-of-november-4-2011.aspx?topic=hospitals#ixzz1hxrKAXm0

INLAND: 3,000 doctors already needed. October 22, 2011
For years, medical providers and experts repeatedly have said that California and the Inland area don’t have enough doctors for their populations. Statewide, there are about 170 doctors for every 100,000 people, according to a 2009 report by the California HealthCare Foundation, a private, nonprofit organization. The national rate is 220 doctors for every 100,000 people, the Association of American Medical Colleges found. The shortage is more serious in the Inland area and its estimated 4 million people. The report found that there are about 100 doctors for every 100,000 Riverside residents and approximately 120 doctors for every 100,000 people in San Bernardino County.
http://www.pe.com/local-news/topics/topics-health-care-headlines/20111022-inland-3000-doctors-already-needed.ece

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 Q4 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 Riverside-San Bernardino-Ontario, CA market.

Source: www.census.gov accessed 1/1/2012
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 1/1/2012

Additional Factors Influencing HWS Labor Market PulseTM 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
   

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