2010 Economic Impacts of Oregon's Community Hospitals
- 2010 Impact Report (PDF)
As conducted by:
As conducted by:
- Collectively, hospitals in Oregon directly generated 59,580 full- and part-time jobs in 2010. Through supply-chain and consumption-driven effects, this direct employment is linked to another 69,790 jobs in other sectors of the Oregon economy. In total, therefore, acute care hospitals in Oregon are associated with 129,370 full- and part-time jobs in Oregon in 2010. According to the economic impact model, this represents 5.9 percent of the total covered and uncovered employment in Oregon in 2010.
- For every 10 direct jobs in hospitals are linked, on average, to another 12 jobs elsewhere in Oregon
- The job multiplier for Oregon's hospitals (2.17) exceeds the statewide multiplier by approximately 17 percent.
- The direct and secondary economic activity linked to hospitals contributed approximately $9.2 billion to Oregon’s Gross State Product (“GSP”) in 2010.
- Hospitals directly and indirectly generated approximately $715 million in tax and fee revenues for state and local tax jurisdictions in 2010.*
- Business Tax, Income Tax, Property Tax, Motor Vehicle Lic., Insurance Tax, etc.
- For every million dollars in state and local taxes and fees directly generated by hospitals is linked to another $1.9 million in state and local taxes and fees generated by other sectors.
* This does not include $146.0 million in hospital provider taxes paid by acute care hospitals or an estimated $391.3 million in federal matching funds that hospital provider taxes are expected to leverage.
- Jobs represent full- and part-time jobs.
- Gross State Product (“GSP”) measures the value added in production. It includes personal income, other income, and indirect business taxes.
- State and local taxes and fees include indirect business taxes; business and personal property taxes; personal income taxes; social insurance (employer and employee contributions) taxes; and various other taxes, fines, licenses, and fees paid by businesses and households. State and local taxes do not include hospital provider taxes.
- Direct impacts consist of the employment, value added, and state and local taxes and fees paid by acute care hospitals. The spending and activities at acute care hospitals will generate additional or secondary impacts in other sectors of the economy.
- Secondary impacts consist of supply-chain (indirect impacts) and consumption-driven (induced impacts) effects.
- Spillover effects (also called leakages or, more precisely, domestic imports) that spill out of one county and are captured elsewhere in Oregon. For example, purchases of medical equipment or pharmaceuticals by acute care hospitals in Lane County may accrue to businesses in Multnomah County, or vice versa.