New state report reveals economic impact of hospitals
The state's hospitals contributed $20.2 billion to the state and local economies in 2012, according to, "Connecticut Hospitals: Improving Health, Strengthening Connecticut's Economy," a report released Thursday by the Connecticut Hospital Association.
About 111,000 Connecticut jobs can be traced either directly or indirectly to hospitals, Jennifer Jackson, president and chief executive officer of the association, said in a news release.
In 2012, hospitals generated $11 billion in annual local payroll, $8.1 billion in spending goods and services, and $1.1 billion in capital spending, the report said.
According to the report, a $30 million state investment in hospitals in 2015 would provide an additional $100 million for patient care, helping protect jobs, preserve services, and ensure quality care. The investment would generate $207 million in business activity and nearly 1,650 jobs, the report said.
To view the report, visit www.theday.com.
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