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New Report: Health Sector Contributes $28.4 Billio...

New Report: Health Sector Contributes $28.4 Billion to SF’s Economy

UC San Francisco is part of the city’s thriving health sector that collectively generates $28.4 billion to the economy – more than tourism and technology – according to a new economic impact report released on Tuesday.

Asa nearly $5 billion enterprise and the second largest employer in San Francisco, next to the city and county itself, UCSF plays a major role in San Francisco’s vast and vibrant health care sector that not only contributes to the economy and quality of life, but advances health worldwide through its scientific discoveries.

Among the highlights of the 2014 San Francisco Health Sector Impact Report:

 

The health sector directly generates 121,677 jobs – 20 percent of all jobs in San Francisco – more job creation than in tourism (76,834) technology (53,319) in 2013; Nearly $5 billion will be invested in the construction of five new medical centers, including UCSF Medical Center at Mission Bay, before this decade is over; and Charity care in San Francisco has increased from $155 million in 2009 to $203.7 million in 2012.

 


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