Economic Impact of Academic Medical Centers

AAMC-member institutions are strong economic drivers for their states and the nation.  In 2008, U.S. medical schools and teaching hospitals had a combined economic impact of over $512 billion (compared to $451 billion in 2005).  They were also directly or indirectly responsible for 3.3 million full-time jobs, which means that one out of every 43 wage earners in the country depends on medical schools and teaching hospitals for their livelihoods.  The crucial role that medical schools and teaching hospitals play in the financial well-being of their communities is a powerful message to share with policymakers and opinion leaders.  http://www.aamc.org/newsroom/pressrel/2009/091008.htm