TTUHSC contributes $634 million to El Paso’s economic engine

0

EL PASO, Texas (KTSM) – The regional economy has seen a direct and positive impact from Texas Tech University Health Sciences Center El Paso.

According to a report from Texas Tech University’s Rawls College of Business, TTUHSC El Paso’s contribution grew from a previous economic impact of $227 million per year to $634.4 million, contributing to El Paso’s status as the top 20% of economies in the United States.

The report also showed other impacts of TTUHSC El Paso both regionally and statewide:

  • Total household income created from university-related operations, employees, research, students, and visitors: $212.8 million in the region and $289.3 million in the state.
  • Total number of jobs created by operations, employees, research, students and visitors related to the university: 3,813 in the region and 4,144 in the state.
  • Annual contribution to the Texas workforce by graduates: $383.6 million in the state.
  • Return on a state dollar (educational and general), including labor contribution: $12.46 for every dollar the state invests in TTUHSC El Paso.

“I’m proud of TTUHSC El Paso’s contribution to local and national economies, but even more so because of the opportunities we’ve provided to hard-working families in our community,” “From our faculty and staff to our students and alumni students, we have a growing group of talented people who are dedicated to making a difference in our community.

TTUHSC El Paso President Richard Lange, MD, MBA

Impact on local health care

As TTUHSC El Paso increases local jobs and opportunities to advance the West Texas region, it also meets the needs of the most underserved. The university and its clinical arm, Texas Tech Physicians of El Paso, serve 108 West Texas counties that have been historically underserved. The clinics provide more than $31 million in unpaid care every year, while doctors make more than 200,000 clinic visits each year.

Additionally, by adding healthcare facilities – like the Foster School of Medicine Student Clinic in Sparks, TX – and providing educational outreach, TTUHSC El Paso enables Borderplex residents to seek and access care. world class provided by TTP El Paso.


Access to higher education

As of fall 2021, the total medical student and resident enrollment at TTUHSC El Paso is 1057, including 362 enrolled students from El Paso County. Since 2012, the university has graduated 1,851 doctors, nurses and biomedical researchers.

Studies have shown that medical residents and graduate dental students are likely to establish their careers close to their schools and training sites, which makes Foster School of Medicine and Hunt School of Dental Medicine essential to transforming the reach of health care in West Texas. Additionally, up to 90% of students graduating from the Hunt School of Nursing remain to serve in area hospitals.


Workforce Diversification

In addition to contributing to the healthcare workforce, TTUHSC El Paso also diversifies it – locally and nationally – and continues to do so by providing advanced educational opportunities for minority students.

As the only health sciences center along the US-Mexico border, TTUHSC El Paso educates a large percentage of Hispanic students to meet the needs of the region, which will also have a broad impact in the United States, as Hispanics are expected to make up 25% of the population in just over a decade.

Nationally, only 5.8% of practicing physicians identified as Hispanic as of July 1, 2019, according to the Association of American Medical Colleges. Currently, 48% of TTUHSC El Paso’s student body is Hispanic, and in 2021, 64% of its graduates were Hispanic.

Minority representation in health care empowers patients to ask questions about their health, builds patient-provider trust, reduces language barriers, and encourages follow-up appointments for ongoing conditions.

For local news and breaking news, sports, weather alerts, videos and more, download the FREE KTSM 9 News app from the Apple App Store or Google Play Store.


Source link

Share.

Comments are closed.