Baptist Memorial Health Care is an award-winning network dedicated to providing compassionate, high-quality care for patients.
Baptist Memorial Health Care operates 14 hospitals in West Tennessee, North Mississippi, and Northeast Arkansas. With more than 12,000 full-time equivalent employees, Baptist serves the medical needs of its communities, while also playing a significant role in area economies.
Baptist Memorial Hospital–Tipton located in Covington, Tennessee, was founded in 1963 and became affiliated with the Baptist system in 1981. The hospital has approximately 210 full-time equivalent employees and 100 licensed beds. In fiscal year 2012, the hospital recorded 21,693 emergency room visits, 448 births, 1,171 surgeries, and 1,434 discharges.
A study conducted by the Sparks Bureau of Business and Economic Research at the University of Memphis showed the economic impact of Baptist on the surrounding local economies. The total production of goods and services created by Baptist Tipton was valued at more than $144 million; total salaries, wages, and benefits valued $62.7 million; state and local taxes generated by the hospital was almost $5 million; and more than 1,100 full and part time jobs were created.
The report was prepared by Sparks Bureau of Business and Economic Research Center for Manpower Studies Fogelman at the College of Business & Economics at The University of Memphis
The economic impacts described in this report were derived from Baptist's total net revenues from direct operations during fiscal year 2012 (FY2012) using the IMPLAN© statistical model. In the course of normal operations, Baptist spends these revenues on a wide variety of goods and services, including medical supplies, wages and benefits, contract labor, repairs and maintenance, food services, and non-medical supplies and services. Subsequently, both Baptist employees and employees and owners of Baptist suppliers spend incomes derived via business or employment with Baptist across all spectrums of the local economy.
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