
Every $1 spent by a hospital generates $2.24 in total economic activity
the staff of the Ridgewood blog
Paramus NJ, While New Jersey hospitals are world-renowned for life-saving medical care, a landmark new report reveals they are also the primary engine driving the Garden State’s financial health.
According to the 2025 Economic Impact Report released by the New Jersey Hospital Association (NJHA), the state’s 70 acute care hospitals generated a staggering $34.6 billion in direct economic benefits and supported over 162,000 healthcare jobs in a single year.

