Significant opportunities exist for medical providers, Hot Springs Village Property Owners’ Association governmental affairs committee heard last Friday.
GAC member Lu Otto made the conclusion while presenting his newly developed HSV medical demographics report.
“Village quality of life assets are not in place by accident,” he says. “They are a tribute to past
leadership, planning and commitment to providing the impressive menu of services that make the Village a quality place to live, work and play. Together they position the Village as an attractive relocation asset.
Otto said the 2015 U.S. Census Bureau population estimate for Hot Springs Village was 13,477. Using Otto’s past research, the POA estimates Village population at about 14,000, but he used the Census Bureau number to be consistent with other federal data he gathered for his study.
The percentage difference is statistically insignificant as far as his research, he said.
“Were the Village an incorporated municipality, it would currently rank 29th in size of municipalities in the state of Arkansas. Not a large metropolitan area but, whatever the Village may lack in numerical size, it has more than compensated with its broad spectrum of amenities and service,” he says. “As the Village grows older and larger, assurance of age-appropriate medical services becomes an increasingly important asset and relocation consideration.
In brief summary, Otto found the Village has a much higher concentration of residents in ages 65-80 than either Benton or Hot Springs, the county seats of Saline and Garland counties.
Lacking direct measures of medical service demands in the…
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