Economic Impact of Healthcare
Communities across Michigan are home to local hospitals that are often the largest employers in the area. As good corporate and neighborhood citizens, hospitals invest in their communities from both inside and outside of their facilities. In addition to helping restore and support good health, healthcare-related practices and organizations provided nearly 593,000 direct jobs in Michigan in 2023, contributing $79 billion a year in wages, salaries and benefits and an additional $23.6 billion a year in tax revenue. Hospitals alone provide roughly 222,000 of those jobs and $10.7 billion a year in tax revenue, representing 44% of healthcare’s direct tax revenue and remaining the largest healthcare sector in the state.
This report illustrates the significant role healthcare plays in the well-being of the state’s economy. The report uses data from fiscal year 2023, the most recent data available.
The report’s dashboard provides statewide data and breaks it down by region, county and congressional district. This interactive tool allows information to be viewed and printed for one county, region or congressional district.
The report uses data from the American Hospital Association and the data modeling program of IMPLAN, which employs data from sources such as the U.S. Bureau of Economic Analysis, the U.S. Bureau of Labor Statistics and the U.S. Census Bureau.
This data from these highly respected sources demonstrate that healthcare is Michigan’s largest creator of direct, private-sector jobs that provide employment opportunities for residents statewide.
Fiscal Year 2023 Data
