TAILIEUCHUNG - The Economic Impact of the Health Sector on the Okeene Municipal Hospital Medical Service Area

Notwithstanding the fact that the policy rate is near its zero lower bound, the Federal Reserve retains a number of tools and strategies for providing additional stimulus. I will focus here on three that have been part of recent staff analyses and discussion at FOMC meetings: (1) conducting additional purchases of longer-term securities, (2) modifying the Committee’s communication, and (3) reducing the interest paid on excess reserves. I will also comment on a fourth strategy, proposed by several economists--namely, that the FOMC increase its inflation goals. . | The Economic Impact of the Health Sector on the Okeene Municipal Hospital Medical Service Area NursingHomes Hospitals Pharmacies Physicians etc. Other Services Oklahoma State Department of Health Office of Rural Health Oklahoma Cooperative Extension Service Oklahoma State University February 2009 AE-09005 The Economic Impact of the Health Sector on the Okeene Municipal Hospital Medical Service Area Community Health Engagement Process documents available online at Lara Brooks Assistant Extension Specialist OSU Stillwater Phone 405-744-6083 Fax 405-744-9835 Email Brian Whitacre Assistant Professor and Extension Economist OSU Stillwater 405-744-6083 Stan Raltsin Area Extension Rural Development Specialist OSU Enid 580-237-7677 Alvin Woodruff Blaine County Extension Agent Watonga 580-623-5195 Corie Kaiser Health Consultant Oklahoma Center for Rural Health Oklahoma City 405-945-9197 Val Schott Director Oklahoma Center for Rural Health Oklahoma City Tulsa 405-945-9197 Oklahoma State Department of Health Office of Rural Health Oklahoma Cooperative Extension Service Oklahoma State University February 2009 The Economic Impact of the Health Sector on the Okeene Municipal Hospital Medical Service Area Medical facilities have a tremendous medical and economic impact on the community in which they are located. This is especially true with health care facilities such as hospitals and nursing homes. These facilities not only employ a large number of people and have a significant payroll but they also draw a large number of people from rural areas that need medical services into the community. The overall objective of this study is to measure the economic impact of the health sector on the Okeene Municipal Hospital medical service area. The specific objectives of this report are to 1. Review economic trends of the health sector for the . and Blaine County 2. Identify population for the medical service area of Okeene Municipal .

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