Medical schools and teaching hospitals tag their economic impact at $451 billion

March 2007
H&HN: Hospitals & Health Networks;Mar2007, Vol. 81 Issue 3, p70
Trade Publication
The article focuses on the economic impact of medical schools and teaching hospitals in the U.S. The Association of American Medical Colleges says that its member medical schools and teaching hospitals had a combined economic impact of $451 billion on their states in 2005. According to the report, every dollar spent by a medical school or teaching hospital indirectly generates an additional $1.30 when it is re-spent on other businesses or individuals, with a total impact of $2.30 per dollar.


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