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$117.7 Billion: State Economic Impact of Illinois Hospitals and Health Systems

Hush Naidoo Jade Photography

More than 200 hospitals and nearly 40 health systems are powerful economic drivers for their communities and for Illinois, generating a statewide economic impact of $117.7 billion annually from spending on payroll, supplies and services, and capital, according to a new report released today by the Illinois Health and Hospital Association.

Hospitals across Illinois serve their communities by providing lifesaving care; promoting community health and well-being; fostering neighborhood revitalization and enhancing public health and safety through community partnership, etc.

The new report, "Illinois Hospitals and Health systems: Essential to Illinois' Economic Growth,"highlights these varied and important contributions while quantifying the hospitals' economic impact. Among the report's key findings, One in 10 Illinois jobs are in healthcare; for every Illinois hospital job, 1.4 jobs are created in other sectors; for every $1 hospitals and health systems spend, an additional $1.40 is generated in the state and local economy.
Copyright 2024 WSIU Public Radio.

Brandon Jones
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