direct impact of · $3.42 worth of output for every $1 of income. (health care innovation workers...
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Source: 2015 Report on Health Care Innovation in Washington State
Direct Impact of Health Care Innovation Sub-SectorThe Health Care Innovation Sub-Sector contributes directly to Washington’s economy.
Output FinanceIncomeJobs
$6.8 Billion
$1.6 Billion
$2 Billion
22,500
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Total Economic Impact of Health Care Innovation Sub-SectorThe Health Care Innovation Sub-Sector’s total economic contributions equal $12B in output and 54,700 jobs.
(Direct,indirect and induced)
$12 Billion in Output
54,700 Jobs
Source: 2015 Report on Health Care Innovation in Washington State
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The Health Care Innovation Sub-Sector generates 22,500 direct jobs—it supports urban and rural jobs with employees in 25 of the 39 counties in Washington state.
Source: 2015 Report on Health Care Innovation in Washington State
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The Health Care Innovation Sub-Sector in Washington state comprises 6% of health care jobs and produces 13% of the health care economy’s output.
6% Jobs 13% Output
Source: 2015 Report on Health Care Innovation in Washington State
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On average, Health Care Innovation Sub-Sector workers earn 8% more than the average worker in Washington state and produce 300% more.
Source: 2015 Report on Health Care Innovation in Washington State
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Health Care Innovation Sub-Sector workers make significant contributions to the state economy, generating $3.42 worth of output for every $1 of income.
(Health Care Innovation workers generate nearly 3x the output of the average worker.)
Average Worker Health Care Innovation Worker
Source: 2015 Report on Health Care Innovation in Washington State
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Health care is a known driver for growth in Washington, but we’ve identified a catalyst: The Health Care Innovation Sub-Sector.
Source: 2015 Report on Health Care Innovation in Washington State
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Source: 2015 Report on Health Care Innovation in Washington State
Health Care InnovationJobs: 22,489
Health Care InnovationIncome: 1,982,595,312
Health Care EconomyIncome: 22,361,741,582
Health Care EconomyJobs: 387,732
Health Care EconomyOutput: 50,474,721,079
Health Care InnovationOutput: 6,780,035,999
Output
Income
Jobs
6% 9% 13%
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Source: 2015 Report on Health Care Innovation in Washington State
Health Care InnovationJobs: 22,489
Health Care InnovationIncome: 1,982,595,312
Health Care EconomyIncome: 22,361,741,582
Health Care EconomyJobs: 387,732
Health Care EconomyOutput: 50,474,721,079
Health Care InnovationOutput: 6,780,035,999
Output
Income
Jobs
6% 9% 13%