Sample Report
ORLANDO-KISSIMMEE, FL
Q1 2009 - MARKET SUMMARY
Of the 30 markets tracked by the HWS LMPI, Orlando was the strongest market for Q1 2009. Unlike most major markets in the country, the demand for health care workers in the Orlando metropolitan area continued to grow and the number of workers required to meet announced expansion plans remained inadequate.
Fueling much of this growth were recent announced expansions at Florida Hospital Celebration Health and Florida Hospital Kissimmee, both owned bv Adventist Health. Additionally, Osceola Regional Medical Center owned by HCA, announced a new 130-bed tower, Seminole Behavioral Health announced a doubling of the size of its facility, and Florida Hospital Altamonte announced a new surgical suite.
On a comparative basis, the Orlando-Kissimmee, FL health care labor market remains one of the strongest in the country and continues to grow. With a Q1 2009 LMPI score of 88.9, a 36% increase from the prior quarter, it is the fastest growing health care labor market in the country.
Employment Expansion and Contraction Announcements
Health care firm brings HQ, 145 jobs to Lake Mary. March 20, 2009
Access MediQuip LLC, a $200 million health care firm, plans to move its headquarters from Houston to Lake Mary and create 145 new high-paying jobs during the next three years.
http://orlando.bizjournals.com/orlando/stories/2009/03/23/story1.html
Osceola hospitals plan growth. February 19, 2009
Three Osceola County hospitals will begin multimillion-dollar expansions during the next 12-24 months due to the area’s booming population.
• The 112-bed Florida Hospital Celebration Health, owned by Winter Park-based Adventist Health System, will build a 120-bed patient tower.
• The 83-bed Florida Hospital Kissimmee, also owned by Adventist Health, will construct a new 130-bed tower.
• The 235-bed Osceola Regional Medical Center, owned by HCA Inc., will add 22 new cardiovascular rooms to its heart tower.
http://orlando.bizjournals.com/orlando/stories/2009/02/16/story2.html
Sanford crisis center plans $1.2M expansion. February 9, 2009
Seminole Behavioral Healthcare’s 21-bed crisis stabilization unit in Sanford will undergo a $1.2 million expansion, doubling the size of the facility and number of crisis beds in the county.
http://orlando.bizjournals.com/orlando/stories/2009/02/09/story8.html
$14M surgical suite set to open. January 7, 2009
Florida Hospital Altamonte is opening its new $14 million surgical suite Jan. 12. The 30,000-square-foot area includes six operating rooms equipped with advanced technology and offers minimally invasive and robotic surgery.
http://orlando.bizjournals.com/orlando/stories/2009/01/05/daily27
$4M hospital renovation nearly complete. December 24, 2008
Florida Hospital Orlando is nearing completion of the $4 million renovation of its maternity unit’s rooms, nurses stations, hallways and suites. The Baby Place at Florida Hospital Orlando has 32 private mother-baby rooms; nine labor, delivery and recovery rooms; two dedicated operating room suites, four recovery/post anesthesia care unit beds; and 24 beds for mothers with high-risk pregnancies. OB and neonatal physicians, anesthesiologists, and nurse practitioners provide 24-hour in-house coverage.
http://orlando.bizjournals.com/orlando/stories/2008/12/22/daily22.html
Airport urgent care clinic slated to open. December 8, 2009
Solantic will open a 1,100-square-foot urgent care clinic at Orlando International Airport, making the airport the first in Florida to have a walk-in healthcare clinic to service travelers and airport employees. The new clinic will employ 15-20 people and is expected to serve 20,000 patients per year.
http://orlando.bizjournals.com/orlando/stories/2008/12/08/daily7.html
Ginsburg Tower opening delayed. November 24, 2008
Florida Hospital’s new Ginsburg Tower will received patients and open its new emergency room Dec. 7. The tower will house 440 new patient beds, as well as one of the largest emergency departments and one of the largest cardiac catheterization labs in the country.
http://orlando.bizjournals.com/orlando/stories/2008/11/24/daily11.html
Florida Hospital’s Health Village moving forward. October 24, 2008
Property owner Adventist Health System/Sunbelt Inc., a nonprofit corporation doing business as Florida Hospital Orlando, envisions its Health Village as an eco-friendly urban mix of housing, stores and offices sprinkled around an expanded hospital and new hotel with a conference center and spa.
http://www.bizjournals.com/orlando/stories/2008/10/27/story1.html
Winter Park Memorial expanding. October 20, 2008
Dr. P. Phillips Baby Place at Florida Hospital’s Winter Park Memorial Hospital will complete a major expansion project by fall 2009, doubling the size of the current facility and providing more boutique services. When the expansion is complete, the approximately 47,000-square-foot unit will house 34 postpartum rooms, 13 labor rooms, three cesarean-section operating rooms, a nursery and a new neonatal intensive care unit.
http://orlando.bizjournals.com/orlando/stories/2008/10/06/daily11.html
Centra Care adding locations, technology, late-night hours. October 1, 2008
Florida Hospital’s Centra Care will open its 18th urgent health care center Sept. 29 in Winter Park, with plans to open another five during the next three years in an effort to keep pace with Central Florida’s population growth. Each center averages 5,000 square feet with eight to 10 employees.
http://orlando.bizjournals.com/orlando/stories/2008/09/29/story11.html
HHCP completes Heart of Florida hospital expansion. September 19, 2008
The Heart of Florida Regional Medical Center in Davenport, finished its expansion of 52 additional patient beds.
http://orlando.bizjournals.com/orlando/stories/2008/09/15/daily48.html
Nemours lays off 22 support workers. September 16, 2008
Nemours Children’s Clinic Orlando laid off 22 administrative and support employees Monday. A spokesperson said the layoffs are in no way connected to plans for its new children’s hospital, which is still expected to break ground next year.
http://www.bizjournals.com/orlando/stories/2008/09/15/daily22.html
Hospitals and Health Systems
Source: US News & World Report
Education Program Expansion and Closures
Podcasting pilot program for nursing students expanded. January 30, 2009
Seminole Community College piloted the podcasting project in mid-2007 with 37 students in the nursing school’s one-year career transition track, an accelerated online program allowing licensed practical nurses, paramedics and respiratory therapists to train to become registered nurses in one year. Seminole Community College expanded its podcast program to all 400 of its nursing students this semester.
http://orlando.bizjournals.com/orlando/stories/2009/02/02/story14.html
Hospitals offers nursing scholarships. November 6, 2008
The Central Florida Health Alliance and Lake- Sumter Community College have partnered to provide full scholarships for nursing students who agree to work for the health system for two years after graduation.
http://orlando.bizjournals.com/orlando/stories/2008/11/03/daily45.html
Florida Hospital kicks off new residency program. July 1, 2008
Florida Hospital East Orlando started its new emergency medicine residency program Monday. Florida Hospital received more than 400 applications for the six residency slots. An additional six new residents will join the program each year.
http://orlando.bizjournals.com/orlando/stories/2008/06/30/daily15.html
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 Orlando-Kissimmee, FL market.
Source: www.census.gov accessed 3/18/2009
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 Orlando-Kissimmee, FL market.
Source: www.bls.gov accessed 5/1/2009
Additional Factors Influencing HWS Labor Market PulseTM Index
- U.S. Census Bureau Population 2,054,574, #27 largest market
- U.S. Census Bureau Population #177 oldest market
- U.S. Census Bureau Population Growth 24.9%, #26 fastest growing market