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Gwinnett Medical Center generated $1.49 billion in revenue to local and state economy in 2016




In 2016, Gwinnett Health System (GHS) generated approximately $1,498, 319,155 in revenue for the local and state economy, according to a recently released report by the Georgia Hospital Association, the state’s largest hospital trade association. The Gwinnett Health System includes the Gwinnett Medical Center campuses in Lawrenceville and Duluth.

 

GHS also had direct expenditures of $651.2 million in 2016. The total economic impact of those expenditures, when combined with a Georgia output multiplier to hospital spending, pushes total economic output attributable from GHS to $1.49 billion for the year. 

 

“We take pride in our ability to provide our community access to the best healthcare possible, support the education of new healthcare professionals and drive innovation in healthcare technology,” said Phil Wolfe, president and CEO of GMC. “We will continue to create jobs, build new facilities and contribute to the enhancement of our community’s economic health.”

 

Furthermore, GMC has long-standing partnerships with a number of institutions including Gwinnett County Public Schools, Gwinnett Tech, Georgia Gwinnett College and Partnership Gwinnett.  Such a comprehensive approach also contributes to Gwinnett’s sustained economic vitality.

 

In calendar year 2016, GHS employed 5,737 people throughout Lawrenceville and Georgia. The Georgia employment multiplier, which takes into account the “ripple” effect of direct hospital expenditures on the economy such as medical supplies, durable medical equipment and pharmaceuticals, increases the total number of full-time jobs tied to the health system to 13,350.

 

The GHA report does not reflect recent expansions GMC has implemented, such as the:

  • Center for Cancer Care in Hamilton Mill, designed to provide patient-centered, personalized care to the north Gwinnett community.
  • Behavioral Health Holding Unit at GMC-Lawrenceville developed to address the behavioral health resources gap on a local level while caring for patients in a respectful manner.
  • Primary Care & Specialty Center in Suwanee, providing family medicine services such as rheumatology, cardiology, gastroenterology, obstetrics and gynecology.

 

“Gwinnett Medical Center is one of the most important economic engines in the northern metro area,” said Daniel J. Kaufman, president and CEO of the Gwinnett Chamber of Commerce. “Their contributions to Gwinnett County’s business and economic development have made a significant impact on our thriving community, and will continue to do so for years to come.”

 



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