UH Med Now
University of Hawaiʻi medical schools and its teaching hospitals responsible for 2,667 jobs, report shows
Date: September 5th, 2018 in JABSOM News
In one year, the University of Hawaiʻi (UH) medical school and its academic partner medical centers contributed $197 million to the economy of our State, according to an analysis released in 2018 by the Association of American Medical Colleges (AAMC).
The organization said it is important to understand that the medical school and its teaching partners — beyond training the next generation of physicians at both the undergraduate and graduate levels — are also important economic engines for our community.
Specifically, the John A. Burns School of Medicine (JABSOM) and its teaching hospital partners created a total of 2,667 Hawaiʻi jobs. That number includes 1,839 direct jobs, another 365 jobs supported by the money spent on computer supplies, public outreach campaigns, medical devices or lab equipment; and the equivalent of an additional 463 jobs fueled by the cash spent by school and medical center employees at retail and food stories and on entertainment and other expenses.
Additional economic stimulus information
The AAMC, to which JABSOM and other U.S. medical schools belong, said income generated by JABSOM research totaled more than $16 million in Hawaiʻi according to the AAMC.
“This analysis shows just how vital medical schools are as economic engines at the local, state, and national levels in generating jobs, paying wages, and supporting business and community development opportunities,” said Darrell G. Kirch, MD, AAMC president and CEO. “These data show that medical schools and teaching hospitals are a significant contributor to the national economy, roughly equal in scope to the transportation and warehousing sector or accommodation and food services industries.”