The findings were part of the council’s economic impact analysis, which is derived from the U.S Bureau of Economic Analysis, Medicare Cost Report Data and health system data reported to HAP.
Here are three other findings from the analysis.
1. Southeastern Pennsylvania hospitals and health systems directly employ nearly 99,000 people at an average annual salary of nearly $61,000.
2. The purchasing power of southeastern Pennsylvania hospitals and their employees indirectly generates another 115,330 jobs with an average annual salary of more than $43,500.
3. In Bucks, Chester, Delaware, Montgomery and Philadelphia counties, hospitals are among the top five largest private sector employers.
More articles on healthcare finance:
5 years in: Taking stock of 5 trends set into place by healthcare reform
Marcus & Millichap offering $117M healthcare real estate portfolio: 4 things to know
What does the perfect hospital bill look like?