Intermountain Health is building the first children’s hospital in Nevada—and expects it to significantly boost the state’s workforce and economy.
The planned hospital is projected to bring $724 million to the state during the five years it is under construction, according to an independent research study conducted by the data and analytics company Applied Analysis. After the hospital opens in Las Vegas, it is expected to generate $841 million in annual economic output per year.
The hospital also plans to create 1,334 jobs, according to the analysis shared with Newsweek January 29. Recruitment and workforce planning efforts are already underway, per Lawrence Barnard, Intermountain Health’s associate vice president of pediatrics in Nevada.
“It was important for us from the beginning to complete all due diligence towards the goal of the first stand-alone children’s hospital,” Barnard said in a news release. “This work has been multifaceted, strategic, analytical, and required years of hard work and determination.”