U.S. medical schools and teaching hospitals had a combined economic impact of more than $326 billion in 2002, the Association of American Medical Colleges said, attempting to bolster its case for more federal support of medical education. The AAMC said it charted the financial contributions of 126 accredited U.S. medical schools and some 400 teaching hospitals. The schools and teaching hospitals produced about $14.7 billion in state government revenue in 2002, the AAMC said. Among other key findings: Schools and teaching hospitals accounted for 2.7 million jobs directly or indirectly in 2002, employing one of every 54 wage earners in America. Read the AAMC's news release. -- by Michael Romano
AAMC touts teaching hospitals' economic impact
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