Connecticut Hospitals Contribute $17.6B Annually to Economy

A recent report by the Connecticut Hospital Association found that hospitals in the state contribute $17.6 billion to the economy each year.

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The report also found Connecticut hospitals and health systems employ more than 52,300 employees, with a total annual payroll of $4.6 billion. Hospitals in the state generated $6.8 billion in economic activity through the purchase of goods and services, and $1.3 billion through capital spending.

The CHA also used the report to urge residents of the state to oppose a hospital tax and cuts to uncompensated care funding, which are included in the state budget. According to the report, the proposed cuts to uncompensated care would lead to the loss of $176 million in business activity, 1,417 jobs and $63 million in salary and wages.

Read the report, “Connecticut Hospitals: Improving Community Health, Strengthening Connecticut’s Economy (pdf).”

Read more coverage on hospitals’ economic and community benefits:

Kentucky Hospitals Contribute Nearly $1.5B in Community Benefit

Illinois Hospitals Contribute $75B Annually to Economy

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