Navigation Links
Report: Hospitals Pump $18 Billion Into N.J. Economy
Date:12/16/2008

Data Also Shows Nearly 145,000 TotalHospital Jobs

PRINCETON, N.J., Dec. 16 /PRNewswire-USNewswire/ -- New Jersey hospitals are a key economic engine for the state, providing more than 113,000 full-time jobs, $7 billion in employee salaries and more than $18 billion in total spending, according to the New Jersey Hospitals 2008 Economic Impact Report.

Hospitals have long been known for their societal contributions, including $1.3 billion in annual charity care services. But the new report from the New Jersey Hospital Association details the many economic contributions of New Jersey's hospitals and their employees. Those contributions are critical in a sagging economy.

"Hospitals are dependable sources of jobs, income taxes and spending through good times and bad," said NJHA President and CEO Betsy Ryan. "Even in a recession, individuals continue to depend on their community hospitals -- perhaps even more so as rising unemployment claims more individuals' health insurance."

The report's findings are based on 2007 hospital cost reports filed with the State of New Jersey. The report shows that New Jersey's acute care hospitals delivered:

  • $18 billion in total expenditures
  • $2.2 billion in purchased services
  • More than 113,000 full-time jobs and total employment of 145,000 full- and part-time positions.
  • More than $7 billion in total employee salaries
  • Nearly $400 million in state income taxes paid by hospital employees.
  • More than $72 million in state taxes and fees to support various health programs.

The report examines both hospitals' statewide contributions, as well as the economic contributions of individual hospitals to their local communities. A third analysis examines the data for New Jersey's 21 counties.

'/>"/>
SOURCE New Jersey Hospital Association
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. World Alzheimer's Day 2008 Special Report: New Alzheimer Targets Take Center Stage
2. New Report: Ballot Measure 3 Will Reduce Smoking, Save Lives and Save Money in North Dakota
3. Report: ER Visits Skyrocket
4. UNC report: Heat-related deaths in high school football players dip, but all are preventable
5. The MedZilla Report: June 2008 Employment Outlook for Biotech/Pharma/Health
6. Earthjustice/EIP Report: Dangerous Mercury Pollution From Unregulated Cement Kilns in U.S. About Twice as High as Levels Previously Projected by EPA
7. The MedZilla Report: May 2008 Employment Outlook for Biotech/Pharma/Health
8. New report: The truth about drug innovation
9. New Report: Increasing Mississippis Cigarette Tax Will Reduce Smoking, Save Lives and Save Money
10. Report: Some Nurses Paid More Than Family Physicians
11. Report: NIH and Global Health Research are a Major Boon to All State Economies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/20/2014)... Zereana Jess-Huff, a 34-year-old mother, corporate executive and ovarian ... to think outside the bra. She doesn’t try to hide ... awareness about women’s other lady parts. , "We have won ... color pink and everybody knows what you’re talking about,” Jess-Huff ... has not been won when it comes to gynecologic cancers. ...
(Date:10/20/2014)... 2014 Principle Business Enterprises, a family ... manufacturing top-of-the-line absorbent products. The company has recently ... popular brand, Tranquility® Premium Protection absorbent products. The ... gave its packaging a new look, and is currently ... to the public. , The new website, developed with ...
(Date:10/20/2014)... Rockynol Retirement Community broke ... 14. The $11 million project will include the latest ... kitchen with full-service restaurant style dining. , “We are ... class Assisted Living apartments,” said Kara Hanzie, Rockynol Executive ... quality of care and this investment is proof of ...
(Date:10/20/2014)... National Teen Driver Safety Week is October 19-25, ... Pediatrics (Ohio AAP, http://www.ohioaap.org ) is joining the National ... drivers to talk to their teens and always set the ... are the leading cause of death for U.S. teens. In ... and 859 (42%) of those teen drivers were killed in ...
(Date:10/20/2014)... DALLAS (PRWEB) October 20, 2014 It’s hard ... for many orphans and vulnerable children around the world, it’s ... by some people, many children are forced to walk barefoot ... for their families or play with their friends. , ... partnering with Air1 Radio in October to encourage ...
Breaking Medicine News(10 mins):Health News:Ovarian Cancer Survivor Mrs. Maryland Urges Media to Think Outside the Bra 2Health News:Ovarian Cancer Survivor Mrs. Maryland Urges Media to Think Outside the Bra 3Health News:Tranquility® Premium Protection Incontinence Products Releases New Logo and Website 2Health News:Rockynol Retirement Community Expands Assisted Living Center 2Health News:Ohio AAP Promotes National Teen Driver Safety Week 2Health News:Buckner Shoes for Orphan Souls® Garners Support from Air1 Radio 2Health News:Buckner Shoes for Orphan Souls® Garners Support from Air1 Radio 3
... Message Brokering, SOA integration, and Complex-Event Processing (CEP) ... Ariz., March 30 First Choice Professionals, LLC., ... (Nasdaq: TIBX ), to provide healthcare ... a unified solution. FCP,s renowned healthcare integration group ...
... Recognized for Efficient Energy Performance KENILWORTH, N.J., March ... has named Schering-Plough Corporation as a 2009 ENERGY ... management and reductions in greenhouse gas emissions. The ... ceremony in Washington, D.C., on March 31, 2009.In ...
... Equipment,s LC Sprint reusable nebulizer and TREK S portable compressor ... of "ER" that will air Thursday at 9pm on NBC. ... of "ER," including George Clooney and Julianna Margulies, so the ... PARI nebulizers have been used on the show to highlight ...
... 30 Genaera Corporation (Nasdaq: GENR ) ... conserve existing cash resources in order to maintain the ... the first-in-class, highly selective inhibitor of PTP1B and Genaera,s ... diabetes and obesity, and explore strategic alternatives. The ...
... 30 Folding carton specialist Benson,Group, UK packaging company ... into the pharmaceutical labels sector with the purchase of ... and inspection,machine for its pharmaceutical-focused Medica Packaging business in ... customer demand as being the key driving factor behind,the ...
... MONDAY, March 30 (HealthDay News) -- Babies who gain weight ... more prone to obesity as toddlers, Harvard researchers report. , ... much younger," said study author Dr. Elsie M. Taveras. "Even ... start guiding parents about how to prevent rapid weight gain ...
Cached Medicine News:Health News:First Choice Professionals and TIBCO Announce Strategic Partnership to Advance Healthcare Integration 2Health News:EPA Names Schering-Plough 2009 EPA ENERGY STAR(R) Partner of the Year 2Health News:EPA Names Schering-Plough 2009 EPA ENERGY STAR(R) Partner of the Year 3Health News:PARI's LC Sprint & TREK S Featured in 'ER' Final Episode on NBC Thursday 2Health News:Genaera Corporation Implements Cash Conservation Plan 2Health News:Benson Group Moves into Pharma Labels Sector 2Health News:Benson Group Moves into Pharma Labels Sector 3Health News:Rapid Infant Weight Gain Linked to Childhood Obesity 2
(Date:10/20/2014)... de octubre de 2014  PneumRx, Inc. ( ... la pulmonología intervencional, anunció hoy la conclusión de ... meses antes de lo programado. El Estudio Clínico RENEW ... de investigación (IDE) aprobada por la FDA (Administración ... espiral de reducción de volumen pulmonar PneumRx RePneu, ...
(Date:10/20/2014)... , Oct. 20, 2014  ResMed (NYSE: ... the ResMed Data Exchange program, a comprehensive suite ... equipment (HME) and other health care providers. ... access to critical patient information. It integrates valuable ... and U-Sleep™ patient management platforms with customers, in-house ...
(Date:10/20/2014)... 20, 2014  AnaptysBio, Inc., a leader in ... announced the appointment of Marco Londei , ... lead the preclinical and clinical development of AnaptysBio,s ... pleased to welcome Dr. Londei to AnaptysBio,s executive ... and Chief Executive Officer of AnaptysBio. "Dr. Londei,s ...
Breaking Medicine Technology:PneumRx concluye inscripción en prueba fundamental RENEW 2PneumRx concluye inscripción en prueba fundamental RENEW 3ResMed Launches ResMed Data Exchange 2AnaptysBio Appoints Dr. Marco Londei to Newly Created Chief Development Officer Position Clinical Immunologist to Lead AnaptysBio's Pipeline Advancement 2
... REYKJAVIK, Iceland, July 1 The ... several new common,single-letter variants in the sequence of the human ... a multinational consortium of scientists,led by a team from deCODE ... 50,000 patients and control participants from fourteen countries.,It is published ...
... announces that it has reached the halfway mark (1,600 patients) ... G auging R esponsiveness with A V erifyNow(R) ... nd S afety). The trial is specifically designed ... for patients who are poor responders to clopidogrel (Plavix(R)). ...
Cached Medicine Technology:deCODE-led Megastudy Finds New Genetic Clues to Causes of Schizophrenia 2deCODE-led Megastudy Finds New Genetic Clues to Causes of Schizophrenia 3deCODE-led Megastudy Finds New Genetic Clues to Causes of Schizophrenia 4deCODE-led Megastudy Finds New Genetic Clues to Causes of Schizophrenia 5Accumetrics, Inc. Announces GRAVITAS Trial 50 Percent Enrolled 2
... The LT-Cage device ... balance with significantly less ... endplates. Medtronic Sofamor Danek's ... designed to easily and ...
3D Cranial is the most widely used surgical navigation software. Navigate with confidence and ease with displayed Zone of Accuracy and several fully automated features. 3D Cranial offers seamless int...
Designed for the effective positioning of patients during spinal surgery, the frame gives the surgeon a remarkably simple and versatile surgical tool....
Adjust-A-Tip cautery....
Medicine Products: