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Report: Hospitals support nearly 1 in 9 U.S. jobs

Report: Hospitals support nearly 1 in 9 U.S. jobs
January 12, 2009

Hospitals in 2007 employed 5.3 million people and supported nearly one-in-nine U.S. jobs, according to an AHA report released today. The report updates an April 2008 AHA TrendWatch showing the economic contribution of hospitals by state, which was based on 2006 data. In 2007, the health care sector, of which hospital care is the largest component, grew to 16.2% of Gross Domestic Product, or roughly $2.2 trillion, a 1.25% increase from 2006. "Hospitals' importance to their communities goes beyond providing health care," said AHA President and CEO Rich Umbdenstock. "They are also a source of jobs for millions of Americans. Hospitals' financial health is a critical part of providing a steady source of income and employment for local residents."