Post by FIUBlue82 on Mar 28, 2008 8:25:08 GMT -5
FIU
Healthcare transformed
Posted on Fri, Mar. 28, 2008
www.miamiherald.com/851/story/473155.html
BY JOHN ROCK
john.rock@fiu.edu
It is no coincidence that some of the premier cities of the United States -- New York, Chicago, Boston, Los Angeles -- are also home to the world's elite medical schools. Access to advanced healthcare, the best doctors and the best medical schools are hallmarks of great American cities. And medical schools are the locus of the path-breaking research that transforms these cities into destinations for modern medical services. If properly nurtured, medical schools can be one of the strongest engines of a state's economy.
The preliminary accreditation granted to the Florida International University College of Medicine signals important public health, economic and social advancements for the future of our region and elevates Miami to the elite group of U.S. cities with multiple medical schools.
The economic impact of the FIU College of Medicine is projected to be $1.2 billion by 2025. That dollar figure translates into gains in every sector of the economy, from state revenues to the creation of new jobs. Specifically the FIU College of Medicine is expected to generate:
• $248 million from the commercialization of FIU medical research. • 12,491 jobs by 2025 with an average salary of $68,000, almost double the average Florida wage of $34,720.
• $62 million in tax revenue for the state.
• $49 million in revenues by 2025 for South Florida governments.
States have long recognized the scientific and economic advantages that a concentration of medical schools brings. Collectively, the nation's 126 medical schools generated $451 billion and three million jobs. The state of New York leads the nation in economic gains attributable to its 12 medical schools, more than $66 billion. The economic impact remains substantial even with far fewer schools. Washington, D.C.'s three medical schools created an economic impact of $6 billion and 40,300 jobs in 2005.
Miami now joins Washington, D.C. among a select group of cities that boasts multiple medical schools.
Others include Baltimore, Philadelphia, Houston, all of which are known for excellence in healthcare. The presence of multiple medical schools attracts top physicians to serve as faculty and clinicians and draws scientists on the leading edge of medical research.
Together with the students, the physicians and researchers form a brain trust of medical innovation in disease prevention, diagnosis and treatment. From the smallest neighborhood clinics to the large regional hospitals, medical schools enhance the standard of care for all.
Furthermore, the innovative curriculum of the FIU College of Medicine will benefit the community even before the first class of doctors graduates.
From the start of their medical education, students will be working with our community's most vulnerable populations in tandem with students of nursing, public health and social work. These student teams will work under the supervision of a faculty member to visit families and refine a care plan that facilitates healthcare and educates patients concerning the importance of preventive healthcare. This program addresses a spectrum of social and medical challenges that impact health. Moreover, when our physicians graduate, they will be uniquely qualified to practice medicine in our culturally diverse community.
Partnering with Jackson Health System, community hospitals, the Miller School of Medicine at the University of Miami, Miami-Dade County Health Department, Florida Department of Health and other stakeholders, the FIU College of Medicine is poised to help transform healthcare and the economy of South Florida.
Dr. John Rock is dean of the FIU College of Medicine.
Healthcare transformed
Posted on Fri, Mar. 28, 2008
www.miamiherald.com/851/story/473155.html
BY JOHN ROCK
john.rock@fiu.edu
It is no coincidence that some of the premier cities of the United States -- New York, Chicago, Boston, Los Angeles -- are also home to the world's elite medical schools. Access to advanced healthcare, the best doctors and the best medical schools are hallmarks of great American cities. And medical schools are the locus of the path-breaking research that transforms these cities into destinations for modern medical services. If properly nurtured, medical schools can be one of the strongest engines of a state's economy.
The preliminary accreditation granted to the Florida International University College of Medicine signals important public health, economic and social advancements for the future of our region and elevates Miami to the elite group of U.S. cities with multiple medical schools.
The economic impact of the FIU College of Medicine is projected to be $1.2 billion by 2025. That dollar figure translates into gains in every sector of the economy, from state revenues to the creation of new jobs. Specifically the FIU College of Medicine is expected to generate:
• $248 million from the commercialization of FIU medical research. • 12,491 jobs by 2025 with an average salary of $68,000, almost double the average Florida wage of $34,720.
• $62 million in tax revenue for the state.
• $49 million in revenues by 2025 for South Florida governments.
States have long recognized the scientific and economic advantages that a concentration of medical schools brings. Collectively, the nation's 126 medical schools generated $451 billion and three million jobs. The state of New York leads the nation in economic gains attributable to its 12 medical schools, more than $66 billion. The economic impact remains substantial even with far fewer schools. Washington, D.C.'s three medical schools created an economic impact of $6 billion and 40,300 jobs in 2005.
Miami now joins Washington, D.C. among a select group of cities that boasts multiple medical schools.
Others include Baltimore, Philadelphia, Houston, all of which are known for excellence in healthcare. The presence of multiple medical schools attracts top physicians to serve as faculty and clinicians and draws scientists on the leading edge of medical research.
Together with the students, the physicians and researchers form a brain trust of medical innovation in disease prevention, diagnosis and treatment. From the smallest neighborhood clinics to the large regional hospitals, medical schools enhance the standard of care for all.
Furthermore, the innovative curriculum of the FIU College of Medicine will benefit the community even before the first class of doctors graduates.
From the start of their medical education, students will be working with our community's most vulnerable populations in tandem with students of nursing, public health and social work. These student teams will work under the supervision of a faculty member to visit families and refine a care plan that facilitates healthcare and educates patients concerning the importance of preventive healthcare. This program addresses a spectrum of social and medical challenges that impact health. Moreover, when our physicians graduate, they will be uniquely qualified to practice medicine in our culturally diverse community.
Partnering with Jackson Health System, community hospitals, the Miller School of Medicine at the University of Miami, Miami-Dade County Health Department, Florida Department of Health and other stakeholders, the FIU College of Medicine is poised to help transform healthcare and the economy of South Florida.
Dr. John Rock is dean of the FIU College of Medicine.