Economic Impact in Tennessee
In 2009, hospitals in Tennessee employed over 98,000 people and had a total direct income impact in the state of $5 billion. The hospitals’ spending for supplies and services, as well as hospital employee family members working and earning salaries in the community, resulted in a total hospital impact of 203,999 employees and a total income impact of $8.7 billion. The total healthcare sector in Tennessee employed almost 331,000 persons and generated $16.4 billion in income. With the addition of their business to business and family activity, the healthcare sector resulted in 640,511 jobs and a total income impact of over $26 billion in Tennessee.
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Source of Data: Data to determine the economic impact for each county was taken from the 2009 Joint Annual Report of Hospitals, Tennessee Department of Health and the MIG IMPLAN software (www.implan.com).