2019 Economic Impact Report
Today OAHHS released the 2019 ECONorthwest Economic Impact Report which analyzes the benefits and impacts Oregon hospitals and health systems have on the state and local economies.
At a Glance
The report shows that Oregon hospitals continue to play a fundamental role in sustaining and growing our state economy, supporting 137,839 direct and secondary jobs statewide. This means that more than one in 20 jobs in Oregon is supported at least in part by hospitals and health systems. In 2017, Oregon hospitals’ direct and secondary economic output was a combined $20.9 billion while Gross State Product (GSP) totaled more than $12 billion.
Hospitals are also a significant source of tax revenue for Oregon, generating almost $700 million in state and local taxes directly or indirectly.
It’s no secret that healthcare is a fast-growing field, and this is especially true in Oregon. From 2015 to 2017, Oregon’s health care system experienced significantly higher job growth compared to other private sectors, with a net increase of 10% over that time (or a 52% employment increase since 2001).
Curious to see how your local economy has benefited from hospitals and health systems? Read the full report and see localized breakdowns.
OAHHS represents 62 hospitals that contribute to 32 of Oregon’s 36 counties
137,839 Oregon jobs are supported by OAHHS hospitals; 68,362 direct, 69,477 secondary
$20.9 billion in economic output, direct and secondary, from Oregon hospitals in 2017; $11.4 billion direct
$12.5 billion Gross State Product (GSP), direct and secondary; $7 billion direct
$694 million state and local tax revenue generated, direct and secondary; $256 million direct