45th Assembly District | Michael Novakhov
New York’s Hospitals and Health Systems Improve the Economy and Community
$1,371,000,000
Economic activity
The economic activity generated by hospitals through jobs and the purchasing of goods and services makes up 9.6% of the state’s entire gross domestic product. Data are mainly from 2021 New York state hospital cost reports.
4,600
Jobs generated
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. Data source: New York State Department of Labor 2021.
$291,000,000
Payroll expenditures
New York hospitals’ #1 investment is in their people, including direct salary and benefits to their employees. Data are mainly from 2021 New York state hospital cost reports.
$156,000,000
Tax dollarsgenerated
New York hospitals generate significant tax dollars and stimulate the economies of local communities and the whole state. Data are mainly from 2021 New York state hospital cost reports and state/federal tax tables.
650,000
Outpatientsprovided care
85,000
People treated in theemergency room
11,000
People admittedto hospitals
900
Babies delivered
73%
Reimbursement from Medicare and MedicaidIn this district, 88% of inpatient discharges and 42% of outpatient visits are covered by Medicare and Medicaid.
A large share of hospital reimbursement comes from Medicare and Medicaid, which do not cover the cost of care. This underpayment is driven by large volumes of inpatient and outpatient services provided to individuals covered by these public insurance programs.
This report includes data from the following:
- NYC Health + Hospitals / South Brooklyn Health‡
‡ 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.
