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107th Assembly District  |  Scott Bendett

New York’s Hospitals and Health Systems Improve the Economy and Community

Economic and Community Benefits

Economic activity

$ 0

The economic activity generated by hospitals through jobs and the purchase of goods and services makes up 9.6% of the state’s entire gross domestic product.[1]

Jobs generated

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Hospitals and health systems are often the largest employers in communities, generate many more jobs and are top 10 private sector employers in every region of New York.[2]

Tax dollars generated

$ 0

New York hospitals generate significant tax dollars and stimulate the economies of local communities and the whole state.[3]

Payroll expenditures

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New York hospitals’ #1 investment is in their people, including direct salary and benefits to their employees.[4]

District Hospitals

This report includes data from the following:

Data sources:

  • [1] Data are mainly from 2022 New York state hospital cost reports and the 2021 RIMS II multipliers. The New York State GDP is from the Bureau of Economic Analysis.
  • [2] Data are mainly from 2022 New York state hospital cost reports and the 2021 RIMS II multipliers. Private sector employment information is from the NYS DOL.
  • [3] Data are mainly from 2022 New York state hospital cost reports and state/federal tax tables.
  • [4] Data are mainly from 2022 New York state hospital cost reports.