b'WE ALSO KNOW:In 2019 there were 716 businesses in the Health Care and Social Assistance sector in Penrith Local Government Area. This includes 134 new businesses established since 2015. [2]The Health Care and Social Assistance sector contributed$802.73 million to the Penrith economy in 2018/19. [3]This sector has grown by $122.53 million in the five years from 2013/14. Most of this growth (45%) has been in hospitals.Children 0-4 and people aged 65 and older make up thefastest-growing demand for health services in Penrith.In the decade between 2006 and 2016 the number of children aged up to four grew by 12.5% and people aged 65 years and over increased by 63%.[4]Penrith has a higher proportion of babies and pre-schoolers compared to Greater Sydney. In 2016, 7.4% of the Penrith population were aged 0-4 compared to 6.4% for Greater Sydney.[5]The Quarter will serve a region where the population is growing and demanding more choice and opportunity, without having to travel.It will be the closest major health precinct east of the Blue Mountains. The simultaneous growth of both private and public hospitals will significantly strengthen health services in the region.Together with unprecedented levels of new infrastructure and investment including a new international airport, new Sydney WestMetro Rail and major road upgrades, theres significant support forfuture growth in The Quarter.[2] Source: Australian Bureau of Statistics, Counts of Australian Businesses, including Entries and Exits, 2015 to 2019.[3] NIEIR 2019. [4] & [5] Penrith Community Profile 2018.HEALTH CARE INNOVATION 13'