Here are four ways hospitals contribute to the economy, according to a report from the American Hospital Association. Data is from 2015, the latest year for which such information is available, according to the report.
1. In 2015, hospitals employed more than 5.7 million people directly.
2. When accounting for “ripple effects,” or the goods and services hospitals purchase from other businesses, each hospital job supported about two additional jobs, for a total of 16 million jobs, or one of nine jobs in the U.S.
3. Hospitals purchase nearly $852 billion in goods and services from other businesses each year.
4. Every dollar of hospital expenditures supports roughly $2.30 of additional business activity. Overall, hospital jobs support more than $2.8 trillion in economic activity.
Note: These figures represent community hospitals in the U.S. The AHA defines community hospitals as “all nonfederal, short-term general, and other special hospitals.”
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