$1,050,000,000 Economic Activity
The economic activity generated by hospitals - through jobs and the purchasing of goods and services - makes up more than 10% of the state's entire Gross Domestic Product (GDP).
$104,000,000 Tax Dollars Generated
New York Hospitals are responsible for generating significant tax dollars and stimulate the economies of your local community and the whole state.
$53,000,000 Community Benefits & Investments
Adhering to their charitable mission, hospitals cover the cost of care provided to people in need; subsidize care and services to low-income, elderly, and under-served communities; and continuously invest in many community health initiatives.
6,700 Jobs Generated
Hospitals and health systems are often the largest employers in communities, generate many more jobs, and are a top 10 private sector employer in every region of New York State.
58% Reimbursement from Medicaid and Medicare
A large portion of hospital reimbursement is tied to underpayments from Medicaid and Medicare; Medicaid only pays 76 cents for each dollar of care and Medicare only pays 97 cents.