Economic Impact

Economic Impact of Medical Providers in Utah

The positive economic impact of rural and underserved physicians cannot be emphasized enough. Nationally, physicians generate a collective output of $2.3 trillion dollars in direct and indirect output. In Utah, physicians generate an average economic output of $12.3 billion dollars annually supply over 72,000 jobs, and bring in over $400 million dollars in state and local tax revenue.1

Not only do providers supply economic benefit to communities, out of 1,662 providers interviewed, 90% believe community engagement, political participation, and health advocacy are important roles as providers.In essence, increasing the pipeline of providers to rural communities serves as a catalyst for job creation and economic growth that reverberates through communities.

To view a comprehensive report on the economic contribution of University of Utah Health on the state of Utah click here.

References

  1. IQVIA. (2018) The National Economic Impact of Physicians. 
  2. R. L. Gruen, E. G. Campbell, and D. Blumenthal, Public Roles of U.S. Physicians: Community Participation, Political Involvement, and Collective Advocacy, Journal of the American Medical Association November 22, 2006 296(20):2467-75