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September 28, 2018
Healthcare as an Economic Development Driver for Mississippi

Mississippi Economic Council hosted the 2018 Governor's Health Care Summit in August at the Jackson Convention Complex. The Summit celebrated five years of building a stronger health care industry in support of four priority areas: workforce development, quality of life, business sustainability, and creation of economic wealth.

The sold-out event featured guest speakers who provided insights and examples of the state's progress that began in 2012 with the release of Blueprint Mississippi: Health Care as an Economic Driver. Blueprint MS contained vital recommendations for moving the state forward and those recommendations have resulted in policy changes like the formation of Health Care Zones for communities. 

In addition, research modeling data on Tradition, MS, was presented by Arduin, Laffer, & Moore. The Trent Lott Center assisted in the research study by measuring the economic impact and contribution of current and proposed investments in Tradition, Mississippi's Learning Medical City. The study also highlighted the need for more patient care in rural areas and touted Mississippi is one of seven states achieve to achieve an "A-rating" in telehealth care.

Opioid Crisis-An Emerging Site Selection Factor

The 2018 Governor's Health Care Summit featured Darrin Buelow, Deloitte Site Selection Consultant . Buelow described the growing national concern of communities being able to compete for site location selection of company startups where the rates of opioid addiction are on the rise. This new phenomenon in health has become an influencer for decisions in whether or not communities can meet company's workforce capacity needs. Buelow stated that five years ago, site selection consultants did not ask local economic developers, "How is the opioid crisis affecting your region, and what is being done to address it?" However, it is now one of the factors related to workforce availability. Buelow's advice for helping Mississippi be competitive is to make strides in population health prevention and increase achievement outcomes of Mississippi schools
Kick-Off of the  Tuscaloosa Marine Shale Laboratory

The Department of Energy Funded Tuscaloosa Marine Shale (TMS) Laboratory which includes the University Louisiana Lafayette, Los Alamos National Lab, Missouri University of Science and Technology, the University of Oklahoma, and the University of Southern Mississippi held its kick-off meeting in Lafayette, Louisiana. The research consortium will address critical gaps in understanding the TMS geology and economy of the region to enable cost-efficient and environmentally sound recovery from this unconventional liquid-rich shale play. The USM College of Business and Economic Development (CBE) has begun evaluating major socioeconomic needs for the development of the TMS and presented preliminary findings at the kick-off meeting. Specifically, CBE will be working closely with state and regional economic developers to analyze the supply chain in TMS operations, the impact of the oil and gas severance tax, and workforce and business assistance programs. In 2020, the overall findings of the initiative will be presented at a multi-disciplinary training event including policy-makers and economic developers.
Southern Miss Economic Development | [email protected] | 118 College Drive #5191
Hattiesburg, MS 39401-0001