Report Shows New Jerseys Hospitals “Boosting States Economy”

17 12 2008
Newark Beth Israel Hospital

Newark Beth Israel Hospital

TRENTON

The New Jersey Hospital Association released an annual report that shows they employ 145,000 people and spend $18 billion. Hospitals are second only to state, county and local governments for employing people in the state.

The industry says it provided $1.3 billion in care to uninsured patients in 2007. The state reimbursed them $715 million by the end of the fiscal year in June.

Eight hospitals have closed over the last two years.

New Jersey’s 74 hospitals say they boost the state’s economic health even though half are losing money.

(News Source: Associated Press)

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