Committed to community
Strengthening the local economy
Support in FY11
Penn Medicine contributes to the stability of the region in a number of vital ways – including creating new jobs and attracting new businesses to the area.
Charity and underfunded care for Medicaid families:
$107.5 million
Physician training support: Research support:
$81.3 million $665.2 million
--------------------------------Total:
$854.0 million
Emergency Department Visits Hospital of the University of Pennsylvania: 60,968 Penn Presbyterian Medical Center:
38,545
Pennsylvania Hospital:
33,232
In 2011, we reported more than $6.5 billion to the economy of the Commonwealth of Pennsylvania, including: • $ 2.83 billion in local wages and the purchase of goods and services. •$ 3.67 billion economic activity generated by other organizations and businesses supported by Penn Medicine. We also delivered total economic benefits of more than $3.7 billion to the economy of Philadelphia and more than $1 billion to the economy of New Jersey. 2011 Pennsylvania Economic Impact of Penn Medicine
Forty-seven percent of all ED patients are uninsured or covered by Medicaid. $7.0
Total Economic Impact
$ in billions
$6.0 $5.0
Direct Economic Impact
$4.0 $3.0 $2.0 $1.0 $0.0
of M
Indirect Economic Impact
$6.50
$3.67
$2.83