Arizona Hospitals Contribute $27.8B to Economy

A study by Lewin Group on behalf of the Arizona Hospital and Healthcare Association found that Arizona hospitals contributed $27.8 billion to the state’s economy, or 10.5 percent of its GDP, in 2009.

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The 102 hospitals in Arizona directly employed nearly 80,000 FTE (full-time equivalent) personnel across the state and supported over 93,600 FTE jobs in 2009, including those employed in other industries but whose jobs depend on economic activity created by hospitals.

Including both wages and benefits, hospital personnel received over $6 billion in direct employee compensation. The total employee compensation supported by the hospital industry in the state was nearly $10 billion.

Read the study, “Economic Impact Analysis of the Hospital Industry in Arizona” (pdf). 

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