Friday, December 08, 2017
CLEVELAND -- University Hospitals continues as a major economic driver in Northeast Ohio and the state of Ohio, according to a new economic impact report.
UH’s system of medical and health centers and physician offices generates more than 63,000 direct and indirect jobs supporting nearly 44,000 households.
The system contributes almost $8 billion to the regional economy and more than $4 billion of labor income to the state of Ohio.
UH’s largest impact is in Cuyahoga County, where it is responsible for just under 26,000 direct jobs, but it also creates an almost additional 7,500 direct jobs in all the remaining 10 counties in the region.
“For over 150 years, we’ve been healing, teaching and discovering with one purpose in mind: improving the health and well-being of those in our community,” explained Thomas F. Zenty III, CEO, University Hospitals. “Research has shown there is a direct correlation between population wealth and population health and for this reason, our commitment to the communities we serve transcends the walls of our health system by spurring economic growth and development.”