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The Economic Impact of Treasure Coast Community Health,Inc. <br /> Another aspect of this analysis <br /> was to determine the positive s o1dw <br /> fiscal impact provided to . <br /> b�1 <br /> government of Treasure Coast i4iaesasa <br /> Community Health's economic <br /> activities. IMPLAN results <br /> t <br /> showed that Indian River <br /> County's state and local Sho I M <br /> government entities benefit by1 n A <br /> $398,000—mostly through <br /> .•moo�..wr <br /> property taxes and those paid ` <br /> by and through businesses , <br /> (e.g. sales tax,fees,fines, M <br /> licenses permits,etc.). <br /> However,this is only a fraction <br /> of the total governmental ,r„. WOO. x <br /> revenue generated as a result { P xna <br /> of the FQHC's presence; as the � Eowk <br /> overall(federal, state and local) <br /> impact in this regard totals$1.7 <br /> million. <br /> Florida's community health centers are not only a leader in the most efficient and cost effective healthcare provision in the <br /> state—and nation—they are also a major economic contributor and source of job creation. Some are more recent <br /> additions,while others have been in existence for decades—though all provide much-needed medical, dental and <br /> behavioral health services(or have the ability to assist an individual in finding a source for these services at a nearby <br /> location).As a result of community health centers,the healthcare system sees a reduction in costs,since these provider <br /> settings reduce more expensive inpatient care by substituting preventive care. It is imperative to local economies to <br /> continue funding these vital assets that are placed strategically throughout the most vulnerable and needy populations. <br /> It is also of the utmost importance to find ways to create and strengthen local opportunities for collaboration and <br /> expansion amongst private and/or public entities and Treasure Coast Community Health, which has deep roots in Indian <br /> River County. TCCH makes sizeable contributions and expenditures that are specifically focused on low-income, <br /> medically underserved areas. Many of those dollars are imported from outside the community through federal grants and <br /> public health care program spending,with an increase in state economic leverage through federal Medicaid matching <br /> dollars. <br /> Learn more about FQHCs at the U.S.Bureau of Primary Care(BPHC)website:httD://bDhc.hrsa.gov/index.html <br /> The Florida Association of Community Health Centers (FACHC)Is designated as Florida's Primary Care Association (PCA). The primary mission of <br /> FACHC is to improve access to quality health services by bringing together agencies, legislators and key persons able to affect health care services. <br /> Learn more about FACHC and the FQHCs detailed in this report at our website:http://www.fachc.org <br /> IMPLAN®(IMpact analysis for PLANning)economic impact modeling system is used to create complete,extremely detailed Social Accounting Matrices <br /> (SAMs)and Multiplier Models of local economies.These SAMs illustrate a complete picture of the economy and are used to generate predictive input- <br /> output multipliers for estimating economic Impacts. IMPLAN data sets are made of local data which are specific to the region being modeled and <br /> estimates of trade flows.These data are combined by the IMPLAN software to form the picture of the local economy. <br /> Florida Association of Community Health Centers <br />