The exceptional quality of patient care in Connecticut is constantly improving and never compromised, even as hospitals face unprecedented financial hardships. Learn more in CHA’s Economic Impact Report.
Publications and Reports
Economic Impact Report
As the healthcare landscape evolves, Connecticut hospitals’ and health systems’ doors are always open, the lights are always on, and caregivers are always ready to heal.
They generate $38.7 billion for the state’s economy and drive growth in the health, medical, and research fields. They are major purchasers of goods and services. They invest millions in healthcare-related businesses. And they continue to be among the largest employers in Connecticut, collectively contributing directly and indirectly to nearly 245,000 jobs.
Hospital contributions to their communities extend far beyond great care and critical health services. Connecticut hospitals and health systems provide valuable resources in the communities they serve, and help Connecticut’s economy prosper and thrive.
Hospitals invest in healthcare spending:
- $8.5 billion spent on goods and services
- $8.3 billion created in "ripple effect" spending
- Total impact of hospital spending: $16.8 billion
Hospitals invest in jobs:
- 119,421 employed by hospitals. Payroll: $10.3 billion
- 125,464 "ripple effect" jobs. Payroll $10.2 billion
- Total jobs: 244,885 and total Payroll: $20.5 billion
Hospitals invest in capital improvements:
- $707 million spent on buildings and equipment
- $695 million additional economic activity generated
- Total Impact of spending on capital improvements: $1.4 billion
Hospitals invest in capital improvements:
- Total impact of hospital spending: $16.8 billion
- Total impact of jobs: $20.5 billion in payroll and 244,885 jobs
- Total impact on capital improvements: $1.4 billion
- Total economic impact: $38.7 billion
The data above represents the most recently audited fiscal year, 2022, as reported to CHA by members.
Connecticut Hospitals Today
Read a brief overview of the role hospitals and health systems play in the vitality of the state’s healthcare continuum in CHA’s Connecticut Hospitals Today.
Community Benefit Report
Learn how Connecticut hospitals and health systems partner with communities to drive regional transformation in CHA’s Community Benefit Report.