Economic Impact Report

The economic benefit of North Carolina hospitals and health systems on local and state economies is significant.

Ensuring the viability of North Carolina hospitals and health systems is critical to the health and economies of North Carolina counties and communities. To illustrate the scope of hospitals and health systems’ economic impact in North Carolina, NCHA commissioned RTI International to conduct research and develop a report based on 2020 data.

The report’s findings included that:

  • Health systems and hospitals generated $40 billion in gross domestic product (GDP) impacts, or about 6% of total state GDP in 2020.
  • Health systems and hospitals directly created 268,000 jobs, making them one of the 10 largest employers in 92 out of North Carolina’s 100 counties.
  • 45 counties in North Carolina have a health system or hospital as a top 3 employer.
  • Altogether, more than 500,000 jobs or 8% of jobs in the state, are supported by health system and hospital activities.
  • Health systems’ and hospitals’ operations, workers and suppliers paid $2.5 billion in state and local taxes which sustained vital public services such as K-12 education, law enforcement and social services.

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North Carolina Healthcare Association

5440 Wade Park Blvd, Suite 410
Raleigh, NC 27607
Directions

Main: 919-677-2400
Fax: 919-677-4200
Mail to: PO Box 4449, Cary, NC 27519-4449

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