Hospitals’ contribution to their communities extends far beyond their role as health care cornerstones. As the most recent update of our annual report on hospitals’ economic impact makes clear, they also are economic anchors, providing the stability and growth that contributes greatly to the financial health of the communities they serve.

The health care field has traditionally been an economic lynchpin for the nation. The Bureau of Labor Statistics recently reported that health care as a whole added an average of 35,000 jobs per month in 2016.

We studied economic activity in 2015, and found hospitals specifically employed more than 5.7 million, were one of the top sources of private-sector jobs and spent nearly $852 billion on goods and services from other businesses.

Those goods and services created additional economic value for the community by supporting 16 million total jobs and more than $2.8 trillion in economic activity. This translates into hospitals supporting one of every nine jobs in the U.S.

Hospitals provide vital high-quality health care services to millions of people each year and support a healthy, productive workforce. But what’s not well enough known is how all that quality health care acts as an engine driving trillions of dollars of economic activity in communities across the nation. 

Related News Articles

Insights and Analysis
Also in this roundup of nursing news: two nurses save the life of a man struck by an SUV; and executive moves in the field.
Insights and Analysis
Also in this weekly roundup of nursing news: nurse leaders’ characteristics influence patient outcomes; a nurse helps a man who suffered a heart attack at the…
Blog
Last week’s Institute for Healthcare Improvement’s annual National Forum on Quality Improvement in Health Care brought together individuals across the health…
Insights and Analysis
Also in this weekly roundup of nursing news: a talking robot may be poised to become an asset to nurses, and family-centered care interventions may reduce…
Headline
The Health Resources and Services Administration has released updated national and state-level projections for the behavioral health workforce through 2030, as…
Blog
In this AHA Stat blog post, Elisa Arespacochaga, vice president of AHA's Physician Alliance, highlights how three organizations – HCA Healthcare, Erlanger…