MVHS Contributes Nearly $900 Million to Region’s Economy
Mohawk Valley Health System contributed $863 million to the area's economy last year.
That's according to an analysis conducted by the Healthcare Association of New York State.
MVHS generated more than seven-thousand jobs with a payroll of $286 million. The report also found $113 million in tax dollars were generated by MVHS spending and payroll.
“When we think of hospitals, it’s often about the medical care they provide to the community,” said Darlene Stromstad, MVHS president/CEO. “What is often overlooked is the significant role hospitals and health systems play in the economic health of a region. In fact, MVHS is one of the top private sector employers in the county, but our contributions extend far beyond our role as employer.”
You can read the full HANYS report at hanys.org.