New Jersey Hospitals Contributed $18.6B in Economic Activity

New Jersey hospitals provided $18.6 billion in economic activity and approximately 140,000 jobs in 2010, according to the New Jersey Hospital Association.

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NJHA relied on data from 72 acute-care hospitals in New Jersey to release its annual report on hospitals’ economic impact.

Additional findings from the report show that New Jersey hospitals provided the following economic benefits in 2010:

•    $2.4 billion in services purchased from other New Jersey businesses
•    $7.6 billion in total employee salaries
•    $420 million in state income taxes paid by hospital employees
•    More than $1.3 billion in charity care services to New Jersey’s poor and uninsured residents

Related Articles on Hospitals’ Economic Impact:

Franciscan Physicians Hospital in Indiana Announces $57M Impact on Community
Florida’s Jupiter Medical Center Says Tenet, Scripps Overstating Economic Impact of Planned Hospital
Arizona Hospitals Contribute $27.8B to Economy

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