Report: Michigan's Health Care Industry Contributes $33B to Economy, Adds 580K Jobs

2390

Michigan health care organizations added about 580,000 jobs across the state in 2013, and contributed $33 billion to the state’s annual economy, through wages, salaries, and benefits, says a new report released today by the Michigan Health & Hospital Association and the Partnership for Michigan’s Health.

“Hospitals are making a significant effort to care for patients, residents, and communities throughout the state by improving care, reaching out to the chronically ill, preventing readmissions, and eliminating inefficiencies,” says Spencer Johnson, president of the Michigan Health & Hospital Association, a group that represents community hospitals in Michigan. The association is a member of the Partnership for Michigan’s Health.

Johnson says nearly 20 percent of state jobs are related to the health care industry in some way.

To view the full report, visit EconomicImpact.org.

IN A RELATED REPORT, an overview of how hospitals are helping patients, families, and communities in the state, found Michigan hospitals provided almost $3 billion in community benefits to local residents, including more than $135 million in community health improvement services. Costs at hospitals in the state ranked about 10 percent below the national average in 2013, saving residents at least $500 million.  

“Hospitals, physicians, and other health care partners are working hand-in-hand to make a difference in the health and well-being of state residents, and our elected officials play a critical role in helping Michigan sustain and enhance its role as a national leader in health care,” Johnson says.

To view the full report, visit MHA.org/advocacy_report/.