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NYC Health + Hospitals / Jacobi

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

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NYC Health + Hospitals / North Central Bronx reports its data with other facilities. You’ve been taken to the report that includes this hospital’s data.

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Economic and Community Benefits

Economic activity

$2,159,000,000

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]

Jobs generated

8,800

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

$301,000,000

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

Payroll expenditures

$577,000,000

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

Patients Served

Outpatients
provided care

804,000

People treated in the
emergency room

152,000

People admitted
to hospitals

28,000

Babies
delivered

2,600

Hospitals serve patients in their communities 24/7, 365 days a year.[4]

Patients covered by Medicare and Medicaid

At this hospital, Medicare and Medicaid patients make up:

  • 82% of all people admitted
  • 62% of all outpatients provided care

82% of patient service revenue at this hospital 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]

Hospitals Included

This report includes data from the following:

  • NYC Health + Hospitals / Jacobi
  • NYC Health + Hospitals / North Central Bronx

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.