Hospitals contribute trillions to U.S. economy

The are six times as many Subway sandwich chain locales in the U.S. than hospitals. Nevertheless, the latter provide a far larger portion of the nation's economic activity, according to American Hospital Association data. A new report concludes that the nation's roughly 4,000 acute care facilities contribute $2.3 trillion to the economy, support 15.4 million jobs, and spend more than $700 billion on goods and services from other businesses. As a result, AHA President Rick Umbdenstock urged Congress to avoid any further deficit reduction measures that directly impact hospital finances. --Read the full FierceHealthcare article