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October 20, 2016 (Cleveland, Ohio)

WKSU Highlights Impact of Hospitals on Northeast Ohio Economy

Northeast Ohio economyOn Monday, Oct. 17, Ohio Public Radio Station WKSU featured The Center for Health Affairs’ report, which highlights the impact hospitals have on the Northeast Ohio economy. The segment was also picked up by ideastream the following day. The study shows these hospitals generated thousands of jobs and $11.5 billion to the region’s economy in 2015.

The Center’s Northeast Ohio economic impact report examines the far-reaching impact of hospitals on the local labor market and assesses the tax impact, utilization, average annual salary and the community benefit of hospitals in Northeast Ohio and the communities they serve.

In the piece, “Northeast Ohio Hospitals Continue Their Economic Boost,” Deanna Moore, vice president of corporate communications, explains that besides the direct employment of more than 80,000 people at the hospitals, the facilities generate many other jobs. “Because of the hospitals that are there there’s another 81,000 jobs in what we call secondary impact. So all together, all of those types of employment yield almost 168,000 jobs in Northeast Ohio,” said Moore.

According to the report, nearly 17 percent of the patients treated at these hospital are from outside the region, bringing new money to the Northeast Ohio economy. Download a one-page economic impact infographic with these and other highlights.

Read the full WKSU piece on how hospitals impact the Northeast Ohio economy here.