The American Hospital Association has released a report on the economic impact of hospitals, finding 1 out of 9 jobs in the United States are supported by hospitals.
The study, "Economic Contribution of Hospitals Often Overlooked," found that hospitals employed 5.4 million people in 2009, making hospitals the second largest source of private sector jobs. Due to the "ripple effect" of hospital spending and spending of hospital employees, every hospital job supports two additional jobsn and every dollar spent by hospitals results in $2.30 of additional business activity.
In total, hospitals supported $2.2 trillion in economic activity in 2009.
Read the AHA release on hospitals' economic contribution and download the full report.
Related Articles About the AHA:
AHA Pushes HHS to Address Meaningful Use, EHR Incentives
AHA, Six Other Organizations Urge HHS to Address EHR Barriers
The study, "Economic Contribution of Hospitals Often Overlooked," found that hospitals employed 5.4 million people in 2009, making hospitals the second largest source of private sector jobs. Due to the "ripple effect" of hospital spending and spending of hospital employees, every hospital job supports two additional jobsn and every dollar spent by hospitals results in $2.30 of additional business activity.
In total, hospitals supported $2.2 trillion in economic activity in 2009.
Read the AHA release on hospitals' economic contribution and download the full report.
Related Articles About the AHA:
AHA Pushes HHS to Address Meaningful Use, EHR Incentives
AHA, Six Other Organizations Urge HHS to Address EHR Barriers