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.
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