The Economic Contribution of Hospitals
May 2004
American Hospital Association
U.S. hospitals not only play a critical role in the health of Americans, they also contribute more than $1.3 trillion to the nation's economy, according to a TrendWatch report by The Lewin Group. Hospitals employ nearly five million people, rank second as a source of private sector jobs, and directly or indirectly support one of every nine jobs in the U.S., notes the report, which details the economic and societal contributions hospitals make to communities and states. According to the Lewin report, hospitals remain a stable source of employment even during times of economic stress, and support other businesses when they purchase the goods and services needed to provide care.