Economic Development Investments

$7.6 million
BJC HealthCare is the largest private employer in the St. Louis region and one of the largest employers in the state of Missouri. Our employees contribute significantly to the economic health of our region. In addition, BJC invests the majority of our net revenue to maintain, expand and improve our facilities, equipment and technology.

Some of the initiatives BJC supports are aimed at improving the neighborhoods surrounding the Washington University School of Medicine campus. Forest Park Southeast, the neighborhood to the south, has struggled for years to stabilize and upgrade its housing stock and stimulate commercial development. The medical school, BJC HealthCare and Barnes-Jewish Hospital founded an organization dedicated to the redevelopment of the Forest Park Southeast

  neighborhood. To date, the partnership has built a new elementary school, community center, police office and senior housing, and has increased the availability of rehabilitated housing in the area.

BJC HealthCare also has invested significantly in CORTEX, the effort to develop a biomedical research hub in the 1,000-acre area of midtown St. Louis between Washington University, St. Louis University and the Missouri Botanical Garden. The first 40,000-square-foot building in what is anticipated to become a major research center is now complete. This and other similar projects will help St. Louis attract and retain growing biotechnology companies in Missouri’s developing “Bio Belt.”

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BJC invests a higher percentage of its net revenue to maintain, expand and improve facilities, equipment and technology than most other hospitals and health organizations throughout the country. This is consistent with our nonprofit mission to use our revenue to provide advanced care and other health benefits to the community. In addition, the impact of our capital investments and payroll spending creates jobs and economic activity throughout Missouri and Illinois.

 
 

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Contents
Partnering with the Community
Caring for All Patients
Supporting Regional Services
Educating Health Professionals
Promoting Health Literacy
BJC Corporate Community Outreach
Supporting Regional Economic Development
BJC HealthCare Purpose, Goal and Shared Principles