Rhode Island Hospitals Boost Economy by $6.3B

In 2010, the estimated total annual economic impact of Rhode Island’s hospitals and health systems was $6.3 billion, according to a report from the Hospital Association of Rhode Island (pdf).

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Rhode Island hospitals employed 21,400 people with a payroll of $1.8 billion — that accounts for more than 6 percent of the state’s private sector employment, according to the report.

State hospitals also stimulated the local economy by generating nearly $2.5 billion in economic activity from purchasing local goods and services, such as medical supplies, electricity for buildings and food for patients.

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