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2016 Norman Economic Summit: Norman Regional Health System

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Norman Economic Development Coalition
Norman Economic Development Coalition

Presentation from Richie Splitt, Norman Regional's President and CEO, at the 2016 Norman Economic Summit

Healthcare
1 of 3
Artist, Brower Hatcher assembling the Art for Healing project Sanctuary, in his Mid-Ocean Studio. Installation of the Sanctuary is currently underway at Norman Regional Moore. Health System Update Richie Splitt, FACHE President & CEO (interim)
2,900 Health System Employees (2016 Regional Project Assessment Report, Norman and Greater OKC Chambers) • Indirectly support 3,500 jobs and $191.8 million in annual payroll • Annual employment impact in Cleveland County-excess of $349 million • Employment generated more than $13.8 million annual in local and state tax revenues
ICARE LIKE A CHAMPION • Inspire, Motivate, Recruit and Retain • Culture Brand: “ICARE Like A Champion” • I.C.A.R.E. Elements for Success • Competitive Market Forces – Boomer workforce retirement age – RN and Physician shortages – High cost of technology and healthcare professionals – Medicaid cuts and decreasing reimbursements – Competition for Norman/Moore markets

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2016 Norman Economic Summit: Norman Regional Health System

  • 1. Artist, Brower Hatcher assembling the Art for Healing project Sanctuary, in his Mid-Ocean Studio. Installation of the Sanctuary is currently underway at Norman Regional Moore. Health System Update Richie Splitt, FACHE President & CEO (interim)
  • 2. 2,900 Health System Employees (2016 Regional Project Assessment Report, Norman and Greater OKC Chambers) • Indirectly support 3,500 jobs and $191.8 million in annual payroll • Annual employment impact in Cleveland County-excess of $349 million • Employment generated more than $13.8 million annual in local and state tax revenues
  • 3. ICARE LIKE A CHAMPION • Inspire, Motivate, Recruit and Retain • Culture Brand: “ICARE Like A Champion” • I.C.A.R.E. Elements for Success • Competitive Market Forces – Boomer workforce retirement age – RN and Physician shortages – High cost of technology and healthcare professionals – Medicaid cuts and decreasing reimbursements – Competition for Norman/Moore markets