🔍 📞 🔍
Main Menu
Economic & Community Benefit Analyses:

NYC Health + Hospitals / Carter

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

Economic activity icon

$254,000,000

Economic activity 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.

Jobs generated icon

1,300

Jobs generated 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.

Payroll expenditures icon

$73,000,000

Payroll expenditures Payroll expenditures

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

Tax dollars generated icon

$39,000,000

Tax dollars
generated
Tax dollars generated

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

People Admitted to Hospitals icon

600

People admitted
to hospitals
Reimbursement icon

77%

Reimbursement from Medicare and Medicaid

At this hospital, 81% of inpatient discharges 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.