Crain's Detroit Business: Report: Healthcare a Growing Economic Engine in Michigan
Posted on March 29, 2018
The release of the 2018 Economic Impact of Healthcare in Michigan report was the subject of a March 28, 2018, article in Crain's Detroit Business. The report is produced each year by the Partnership for Michigan's Health, which includes the Michigan Osteopathic Association, the Michigan State Medical Society and the MHA.
As stated in the article, the healthcare industry in Michigan accounts for a large chunk of the state's economy, with $58 billion in wages and benefits that contributed nearly 603,000 direct jobs in 2016, the largest number of jobs in any sector. The number of direct jobs has increased by about 23,000 since 2013, based on previous economic reports. Some with 240,000 jobs are in hospitals, up 12,000 from 2015.
"In addition to protecting Michiganders' health and wellbeing, hospitals and health systems provide jobs representing nearly 40 percent of health care's economic activity in Michigan, making them essential to the state's financial welfare," MHA CEO Brian Peters said in a statement.
Read the article
Posted in: MHA In The News