45th Assembly District | Michael Novakhov
New York’s Hospitals and Health Systems Improve the Economy and Community
Economic and Community Benefits
$1,160,000,000
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]
4,500
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]
$150,000,000
New York hospitals generate significant tax dollars and stimulate the economies of local communities and the whole state.[3]
$294,000,000
New York hospitals’ #1 investment is in their people, including direct salary and benefits to their employees.[4]
Patients Served
provided care
767,000
emergency room
81,000
to hospitals
13,000
delivered
1,300
Hospitals serve patients in their communities 24/7, 365 days a year.[4]
Patients covered by Medicare and Medicaid
In this district, Medicare and Medicaid patients make up:
- 86% of all people admitted to hospitals
- 44% of all outpatients provided care
77% of patient service revenue in this district comes from Medicare and Medicaid. This is a result of the large volume of services being reimbursed by Medicare and Medicaid, which do not cover the cost of care, driving significant underpayment from these public insurance programs.[4]
District Hospitals
This report includes data from the following:
- NYC Health + Hospitals / South Brooklyn Health‡
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.
‡ Due to its inherent safety-net role, this public hospital is exempt from reporting community benefit and investment activity to the federal government. As a result, millions of dollars for these commitments are not included in the data shown.