AHA says hospitals had $15.2 billion impact in 2020

by Steve Brawner (BRAWNERSTEVE@MAC.COM)

Arkansas hospitals had an estimated annual economic impact of more than $15.2 billion in 2020, and they directly provide 47,300 jobs with a total payroll of almost $3.7 billion, according to a report distributed by the Arkansas Hospital Association.

The report is based on statewide data on employment, payroll, purchasing and capital spending. The AHA is composed of 105 member hospitals.

The report said Arkansas hospitals spend more than $4.1 billion annually on goods and services such as medical supplies, electricity, and food for patients. Those expenditures generate almost $7.5 billion in economic activity. Hospitals spent more than $617 million on buildings and equipment in 2020, generating more than $1.1 billion in economic activity.

https://talkbusiness.net/2022/05/aha-says-hospitals-had-15-2-billion-impact-in-2020/