Report: Hospitals continue to play a fundamental role in sustaining and growing Oregon economy
St. Charles Health System’s four hospitals continue to have a significant economic impact on Central Oregon, according to the 2019 ECONorthwest Economic Impact Report.
In 2017, St. Charles’ four hospitals combined directly employed 4,254 people, and through supply chain and consumption-driven efforts, were associated with another 4,324 secondary jobs in other sectors of the Oregon economy. Together, the hospitals’ contribution to the Gross State Product was about $765 million.
Specifically:
The report—released earlier this month by the Oregon Association of Hospitals and Health Systems— shows that overall hospitals continue to play a fundamental role in sustaining and growing the 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 totaled more than $12 billion.