Economic Impact Report for San Joaquin Valley Hospitals

The Hospital Council commissioned Dr. Philip King of San Francisco State University to conduct a report on the Economic Impact of San Joaquin Valley Hospitals.  The purpose of the report is to estimate the economic impact of hospitals and hospital-related spending in the greater Sacramento area.

These reports are critical to both our public and political advocacy.   Some key points from the report follow: 

  • Hospitals generate $6.8 billion in spending annually (San Joaquin, Amador, Calaveras, Stanislaus, Tuolumne and Merced Counties)
  • Hospitals generate 52,101 jobs
  • Hospital Construction is projected to generate $429 million in the next 3-5 years, with 3,008 construction-related jobs
  • Health Care jobs are growing – job growth is projected to increase 24% over 10 years
  • Non-health care job growth projections are at 8%
  • Health Care wages are higher  – salaries and wages are 70% higher in health sector
  • Stable jobs in a wide variety of skill levels
  • Fewer jobs are lost in health care during recession
  • There are many jobs for women

A pdf of the complete report is attached.