New York City Health and Hospitals Contributed $11.7B to Economy in 2009

New York City Health and Hospitals Corporation contributed a total of $11.7 billion to the economy and supported more than 71,600 jobs in fiscal year 2009, according to a news release from the National Association of Public Hospitals and Health Systems.

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The NAPH’s economic impact study also shows that public hospitals and health systems
across the nation contributed to more than 800,000 jobs nationally and circulated $120 billion into the economy.

NAPH conducted the analysis as part of its national advocacy effort to raise awareness about the impact of proposed Medicaid cuts being considered by the Joint Select Committee on Deficit Reduction. The proposed cuts could put the long-term financial stability of public healthcare systems at risk, according to the news release.

Related Articles on Hospitals’ Economic Impact:

New Jersey Hospitals Contributed $18.6B in Economic Activity
Franciscan Physicians Hospital in Indiana Announces $57M Impact on Community
AHA: Hospitals Support 1 in 9 U.S. Jobs

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