Post
Economic Impact Report for San Joaquin Valley Hospitals
2012
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.