Hospitals in Rhode Island supported over 60,000 jobs and generated an estimated $11.7 billion in total economic output in 2024. The 2024 Economic Impact Analysis, commissioned by the Hospital Association of Rhode Island, assessed the full spectrum of economic effects of the state’s hospitals on the local economy, including direct, indirect and induced impacts.
According to the report, in 2024, hospitals directly and indirectly supported an estimated:
- 63,054 jobs statewide, with 35,717 directly employed by hospitals and an additional 27,337 indirect and induced jobs
- $11.7 billion in total economic activity, including $98.9 million in construction investments
- $4.9 billion in income, supporting 41,965 households for Rhode Island families
- $779.3 million in state and local tax revenue
The report states that from 2025 to 2030, hospitals are projected to invest $469.5 million in construction and modernization, supporting an estimated:
- 973 jobs annually across construction and related sectors
- $151.4 million in yearly economic output
- $6.1 million in annual state and local tax revenues
“Hospitals are critical to Rhode Island’s health care system, and their contributions extend far beyond providing vital care for patients. Hospitals are fundamental drivers of the state’s economy, supporting tens of thousands of jobs and generating hundreds of millions of dollars in tax revenue.”
- Howard Dulude, interim president of the Hospital Association of Rhode Island
