Iowa Hospitals Add Nearly $6.2B to State Economy

Iowa hospitals generated more than $6.18 billion to the state's economy last year, according to a report from the Iowa Hospital Association (pdf).

The report looked at employment and the sum of payroll and employee benefits expenses as the direct economic activities that impacted the state.

In total, Iowa hospitals employed more than 70,000 people. Hospitals provided roughly $3.9 billion in salaries and benefits and another $2.3 billion on jobs that rely on hospitals. Additionally, Iowa hospital employees spent roughly $1.7 billion on local retail sales, which contributed to more than $104 million in state sales tax revenue.

Related Articles on Hospital Economic Impacts:

Mississippi Hospitals Generate $11.9B Toward State Economy

Colorado Hospitals Contributed $18.8B to State Economy in 2010

Wisconsin Hospitals Generated $28B in Economic Activity in 2010

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars