Embargoed - 2006 Hospitals Economic Impact Study Results Next Tues., February 28, 2006 12:01 A.M. (PST)

Economic Output, Government Revenues, New Hospital Construction Study Results On Six-Counties In Southern California

What:
Embargoed SoCal Hospital Study Results on Los Angeles, Orange,
Riverside, San Bernadino, Santa Barbara and Ventura Counties.

Who:
Jim Lott, Exec. V. P. of Health Care Policy and Communications, Hospital Assn. of SoCal. (HASC)

Greg Freeman, Sen. V.P. Public Policy, LAEDC, Study Author

Nancy D. Sidhu, Senior Economist, LAEDC

When:
LAEDC is now doing advanced interviews, please call us to set one up
In person or by telephone. No news conference planned!TUES., Feb. 28, 2006 Study results will be released 12:01 A.M

Where:
LAEDC Offices,City Corp. Building Downtown, 444 South Flower Street, 34th Floor, Los Angeles, CA 90071
Phone (800) New-Help or (213) 622-4300

Background:
The Los Angeles County Economic Development Corporation (LAEDC) has just completed a 72-page study that focuses on Southland hospitals in six different counties. Hospitals are primarily about health, healing and wellness. They are places to conduct medical research; fight disease; treat addictions; deal with traumas great and small; repair broken bodies; usher people into the world and ease the pain of those departing.

Hospitals are also hubs of employment; payers of wages, they buy goods and services; and generators of tax revenue.
Imagine the economic activity that would not exist without hospitals. Find out just how much they contribute to the
economy in the Southland. This study covers them all from ambulance companies’ operations to physicians’ offices, medical labs and much more. This study will be release one minute after midnight, Tuesday, Feb. 28, 2006.

[Editors: Please call us for advanced interviews and a link to the embargoed study, 818-340-5300 or 818-618-9229.]