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Chamber study puts med school impact at $2.4 billion
Tuesday, February 12, 2008 by Austin Monitor
The Austin Chamber of Commerce unveiled a new study on Monday of the beneficial effects a new medical school at the
“When you have a medical school facility located in a community, one of the things that happens is there is better care provided for indigent health care. We need this sort of thing in
Beyond attracting more doctors and nurses to the region, the report predicted that a medical school could make
Since
A new medical school combined with a major research institution such as UT, Perryman said, could place
But Perryman also predicted that the creation of a new medical school could require approximately $500 million dollars, much of which would need to come from the private sector. “When you think about a medical school being located in the central city, it will take multiple facilities to support that,” added
Officials with the Austin Chamber of Commerce hope the Perryman report will spur talks between the
“There has to be a very specific plan as to how to create that medical school, and that would be something that the community…along with the university system and donors everywhere…would have to be a part of,” said Austin Chamber of Commerce Chair Joe Holt. “A key to all of that is raising the money to do this. Those discussions have certainly not occurred yet, but it will take a lot of money to do this. And the business community needs to be out front and readily admitting that we want this, we need to be a part of that effort, but there’s a great deal that needs to be done.”
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