- February 13th 2013
As Congress debates ways to cut health care spending, the American Hospital Assn. wants to remind it of the contributions the health care industry, particularly hospitals, makes to the economy and how any threat to the access of health services would have a negative impact on the nation’s financial stability.
In a report issued in January, the AHA said the importance of hospitals extends far beyond health care. Hospitals are job creators, the organization said, employing nearly 5.5 million people and generating $2 trillion in annual economic activity, according to the AHA.
“The economic contribution of hospitals … is often critical to communities,” the AHA said in a statement.
The report said that even during a slow economy, health care continued to add jobs. In 2012, an average of 28,000 jobs per month were added, and the “ripple effect” of hospitals helped support 9.9 million jobs outside of health care, according to the report.
The AHA also said its members h [Read more]