Jefferson Health's Economic Impact Tops $6 Billion in 2016
Pennsylvania Hospitals’ Together Provide Over $121 Billion
PHILADELPHIA — Jefferson Health annually contributes over $6 billion to the region’s economy and supports more than 28,000 jobs in the Philadelphia region, according to information released by The Hospital and Healthsystem Association of Pennsylvania (HAP). Jefferson Health includes Thomas Jefferson University Hospital, Methodist Hospital, Jefferson Hospital for Neuroscience, Abington Hospital, Abington-Lansdale Hospital and Aria’s Frankford, Torresdale and Bucks County hospitals.
“We are proud to be partners in the Philadelphia and regional communities that we serve, strengthening local economies,” said Laurence Merlis, Chief Operating Officer of Jefferson Health. “HAP’s data quantifies the economic impact that may not be seen as readily as our patient care and education missions. Our hospitals provide family-sustaining jobs and workforce development, which in turn spurs local purchasing, development and investing.”
In 2016 Jefferson Health also committed more than $218 million to programs and services that benefit the community, of which $35.5 million was devoted to charitable care.
Statewide, hospitals contributed $121.4 billion to the economy, an increase of more than $6 billion in 2015. Hospitals support more than 589,000 jobs—about one in ten in Pennsylvania.
“Pennsylvania’s hospitals offer more than critical care services,” said Andy Carter, HAP President and CEO. “They administer vital care to patients, regardless of their ability to pay. They are community hubs that provide preventive screenings, healthy eating programs, and countless resources that benefit our commonwealth’s common health.”
Carter noted that as lawmakers in both Washington, D.C. and Harrisburg discuss key issues affecting the future of the health care industry, this report demonstrates the integral role that hospitals have in Pennsylvania’s economy.
“HAP continues to work with state and federal legislators to preserve the resources that help hospitals provide state-of-the-art care, as well as family-sustaining jobs and economic stimulus,” Carter concluded.