Entries by Adam Smith

PRO Retired. Upgrade To IMPLAN V6.

Have you heard? New data is no longer available for PRO. Talk to a team member today to learn how you can update your data with our new cloud software IMPLAN Version 6. PRO is out, IMPLAN Version 6 is in. So you heard the news: IMPLAN Pro was laid to rest. It had a […]

Ready to Leave Pro? (Webinar)

INTRODUCTION The news is out: IMPLAN Pro is being laid to rest. After launching in 1999 as the second version of IMPLAN, it has had a great run. Join the IMPLAN Education Services team for a “Ready to Leave Pro?” presentation, where we will address all of your questions and concerns about leaving pro, and […]

Ready to Leave Pro?

INTRODUCTION So you heard the news: IMPLAN Pro is being laid to rest. It had a good run, being launched in 1999 as the second version of IMPLAN. Here we will outline all the good reasons why you will be so excited about jumping into IMPLAN Version 6! So here they are, all the Pros […]

Hospitals: Modeling Public & Nonprofit Hospital Impacts with Analysis-by-Parts

INTRODUCTION Hospitals that are not privately owned fall into two categories: public/government owned facilities and non profit organizations. Modeling the economic impacts of these two types of hospitals follow the same path in IMPLAN as neither will pay the full tax rate of a private hospital. This article will help you unpack the best way […]

Hospitals: Modeling Private Hospital Impacts with Analysis-by-Parts

INTRODUCTION If the hospital you are modeling is private, you can simply model spending through Industry 490 – Hospitals.  As always, enter as much data for the Industry Event as you have (Output, Employee Compensation, Proprietor Income, and/or Employment).  If you have data for more than one of these elements, you can (and should) override […]

Hospitals: Considerations when Conducting Hospital Economic Impacts

INTRODUCTION: Hospitals can pose an interesting case for IMPLAN analysis. Many are large institutions with immense buying power.  But even the smallest of hospitals are anchor institutions, rooted in our communities and unlikely to close or move.   Hospitals will be classified differently in IMPLAN depending on their legal status and how they operate. They also […]

College: Modeling Public College & University Impacts

INTRODUCTION: After reviewing Considerations when Conducting College & University Economic Impacts, you are ready to examine the economic impact of your public college or university. Public colleges and universities are vital to not only the education system, but also to our regional and state economies and this article outlines how to model their expenditures.   Public […]

College: Modeling Private College & University Impacts

INTRODUCTION: Now that you have read Considerations when Conducting College & University Economic Impacts, you are ready to examine the economic impact of a private college or university.  Private colleges and universities spend and save money in a very different manner than their public counterparts. Remember, each school is unique, so the more details that you […]