Erie’s Academic Health Center, led by the Lake Erie College of Osteopathic Medicine (LECOM), is not only a highly innovative medical education system that includes the nation’s largest medical college by enrollment, but it is also a catalyst for economic growth nationally and in the states and communities that host its campuses.
In 2013, LECOM’s national economic impact was more than $593 million, an increase of 80 percent compared with the college’s national economic impact of $328.8 million in 2009, according to a comprehensive study conducted by Tripp Umbach, a nationally recognized consulting firm.
The dramatic growth in LECOM’s impact is largely due to a number of factors, including steady growth in academic programs, enrollment, and number of employees, as well as significant new construction and renovation projects. In addition, LECOM’s 3,800 Doctor of Osteopathic Medicine (DO) and 1,300 Doctor of Pharmacy (PharmD) graduates are generating more than $7.37 billion in economic activity and support or employ more than 49,000 workers. LECOM graduates working mainly in primary care annually contribute to $684 million in health-care cost savings by assisting with preventive care practices.
For more information, visit www.lecom.edu.
