That figure included $8.1 billion of employee pay based on more than 120,000 full-time equivalent jobs. Other findings from the NJHA’s report include:
• New Jersey hospitals purchased $2.6 billion in 2012, most of which went toward contracted labor and pharmaceuticals. Utility costs totaled $267 million.
• Charity care hit almost $1.3 billion.
• State hospitals paid more than $138 million in taxes.
More Articles on Hospital Economic Impacts:
The Frail Anatomy of the U.S. Healthcare System
Are CFOs Gaining Confidence in the Economy?
Indiana Hospitals Generate $31.3B in Economic Value
