Tuesday, December 6, 2022

Study: North Texas Hospitals Have a $38.4 Billion Economic Impact

A new study commissioned by the Dallas-Fort Worth Hospital Council found that the healthcare sector makes a $38.4 billion economic impact on the region, Will Maddox reports.

 

The study looked at statistics from the 90 council hospital members and found that those institutions provided about $26 billion in labor income, almost $6 billion in retail sales, and $6.4 billion in taxes. They also accounted for 372,988 jobs in 2022, an increase from 295,138 in 2017.

 

A 2020 U.S. Bureau of Labor Statistics report predicted that the healthcare sector would add 2.6 million jobs over the next 10 years, thanks in part to an aging Baby Boomer population that will continue to age and need more care.


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