Cleveland Clinic: A Vital Force in Ohio's Economy
2010 Economic and Fiscal Impact Report Details
Cleveland Clinic’s Economic Benefit to the Community
As a non-profit organization, Cleveland Clinic and its regional hospitals serve the community by caring for the sick and advancing medical care through research and education. The health system’s 2010 Economic and Fiscal Impact Report shows that by fulfilling its mission, Cleveland Clinic also serves as a powerful economic engine in Northeast Ohio and the State of Ohio.
According to the newly released report, in 2009 Cleveland Clinic spurred nearly $10.5 billion of the total economic activity in Ohio. This translates to nearly 8 percent of the total gross regional product of the eight-county region. In other words, of every $100 of economic activity that occurred in the region in 2009, approximately $8 were directly or indirectly attributable to the presence of Cleveland Clinic.