Additionally, the direct and secondary economic activity associated with hospitals attributed roughly $9.2 billion to Oregon’s “gross state product” in 2010, an increase of 3.6 percent from 2009.
Oregon hospitals also directly generated roughly $246.2 million in tax and fee revenues for state and local tax jurisdictions in 2010, according to the report. This does not include the roughly $146 million state hospitals paid in provider fees, which were used to secure $391.3 million in extra federal matching funds for Medicaid.
Related Articles on Hospital Economic Impacts:
Iowa Hospitals Add Nearly $6.2B to State Economy
Missouri Hospitals Contributed Billions of Dollars to State Economy
New Jersey Hospitals Contributed $18.6B in Economic Activity
