School of Medicine Economic Impact

$4.31 Billion Contribution

Our School and our partner teaching hospitals have an extraordinary impact on the Colorado economy, according to a new report released in 2018 by the Association of American Medical Colleges (AAMC).

According to the stu​dy, the AAMC medical schools and teaching hospitals in Colorado contributed 56,056 jobs and $4.31 billion to the state economy in 2017. 
Nationally, medical schools and teaching hospitals supported more than 6.3 million jobs and added more than $562 billion in value to the nation’s economy in 2017. 
Together, the institutions account for 3.3 percent of the U.S. workforce and 3 percent of the gross domestic product. The study, conducted by RTI International on behalf of the AAMC, examined the economic impact of medical schools and teaching hospitals represented by the AAMC in 46 states, the District of Columbia, and Puerto Rico.