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Monterey County hospitals have $1.6 billion impact, study says
Monterey Herald

Monterey County hospitals have an annual economic impact of $1.6 billion, according to a report released Thursday.

The first study from the nonprofit Hospital Council of Northern and Central California looked at direct spending, local purchases and employee spending.

It used mainly 2012 and ‘13 numbers but adjusted for inflation.

The four county hospitals have 3,648 full-time employees and a combined annual payroll of $359.6 million.