Economic Contribution of Hospitals

Hospitals provide over $110 billion a year in community benefits, almost nine times the value of their federal tax exemption, according to an AHA advertorial today in the Wall Street Journal highlighting the data and programs that “distinguish hospitals from any other sector in health care.” 
The COVID-19 pandemic has precipitated extraordinary challenges for hospitals and health systems and the communities they serve.
The health care field added 358,000 jobs in June, increasing 2.3% to a seasonally adjusted 15.6 million, the Bureau of Labor Statistics reported.
Employment at the nation's hospitals rose by 0.17% in December to a seasonally adjusted 5,297,100 people.
Employment at the nation's hospitals rose by 0.19% in November to a seasonally adjusted 5,283,200 people, the Bureau of Labor Statistics reported today.
U.S. spending on health care grew 4.6% in 2018, slower than the 5.4% overall growth in the economy but up from 4.2% in 2017.
Employment at the nation's hospitals rose by 0.04% in October to a seasonally adjusted 5,270,600 people.
Employment at the nation's hospitals rose by 0.15% in September to a seasonally adjusted 5,267,000 people, the Bureau of Labor Statistics reported today.
Employment at the nation's hospitals fell by 0.04% in July to a seasonally adjusted 5,238,900 people.