A newly released report, "The Contribution of the University of Nevada School of Medicine to the Nevada Economy," details the statewide and regional economic impacts of the School of Medicine.
The study, prepared by researchers from the School of Medicine's Office of Statewide Initiatives, provides new estimates of the employment and income impact of medical education, research undertaken by medical faculty and the School of Medicine's practice plans.
Key findings presented in the report include:
• In 2015, the University of Nevada School of Medicine employed 2,126 Nevadans with a combined $118.6 million in payroll and benefits
• Spending by School of Medicine employees generated an additional 1,363 jobs and $55.9 million in payroll and benefits in Nevada
• School of Medicine expenditures of $64.9 million on education, research and clinical operations generated an additional $53.4 million in economic activity in the state
• The total economic contribution of the School of Medicine to the Nevada economy was $292.8 million
• Every dollar spent by the School of Medicine in 2015 produced an additional $0.596 in economic activity in Nevada that year
