Wisconsin Hospitals generate $26 billion in economic activity

Freeman Staff

Dec. 3, 2015

MADISON — A report released Thursday indicated hospitals in Wisconsin generate $26 billion annually in economic activity and employ more than 107,000 people in the state.

The report by conducted by the University of Wisconsin/UW Extension and the Wisconsin Hospital Association also took a look at the effect patients from outside of Wisconsin who receive their health care here have on the state’s economy.

“Hospitals are major economic drivers in their communities and in our state,” said Professor Steve Deller, an economist at the University of Wisconsin/UW-Extension and a co-author of the report. “Wisconsin’s high-quality health care, combined with health care providers who are well-respected for their excellent patient care, are also attracting patients from other states to seek care here. In addition, hospitals and health systems are advancing medical science and technology, and as such, are providing therapies that may not be available in other states.”

During a 12-month period, according to the report, non-Wisconsin residents had more than 545,000 hospital admissions or medical visits in the state. Approximately two-thirds of the out-of-state residents were from Illinois and Minnesota. Payments to hospitals from out-of-state patients totaled about $1 billion, according to the report, but when economic multipliers are applied that account for indirect effects, such as the hospital’s purchase of goods and services within the region or in other parts of the state, the total impact to the state’s economy is estimated at $1.3 billion.

The full report can be viewed at: www.wha.org/Data/Sites/1/pubarchive/reports/2015HealthyHospitals.pdf.