The Potential Economic Impact of Academic Medicine in Light of Overall Austin Primary Medical Sector Growth

Seton Family of Hospitals

Communities with a strong presence in academic medicine enjoy economic advantages that exceed the benefits provided by the general healthcare sector, itself a strong economic engine. TXP was hired to assess the impact of an academic medical center on the Central Texas economy. In addition to stimulating the growth of new jobs and providing a substantial direct economic impact, an academic medical center would accelerate technology transfer and economic development across the growing life sciences and biotechnology sectors of the economy.