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MS SC675
Concurrent Resolution
AI Summary
- Recognizes the University of Mississippi Medical Center (UMC) as one of the largest economic development generators in the state, with an annual economic impact of $2.1 billion, generating 17,164 jobs directly and indirectly, and creating $216 million in total tax revenue annually
- UMC's research funding grew from $39.2 million in 2008 to $75.7 million in 2010, with development underway on a Cancer Research Center, Obesity/Metabolism/Nutrition Center, MIND Center, and Cardiovascular Center
- UMC's vision is to train and place 4,500 new health care professionals throughout Mississippi by 2025, including 1,000 new physicians, with each physician generating approximately $2 million in annual revenue and 20-25 jobs in their community
- UMC's Supplier Diversity Initiative, formed in 2008, spent $38 million with 1,085 small businesses nationwide, including $15 million with 256 Mississippi small businesses, targeting minority-owned, women-owned, veteran-owned, and handicapped-owned firms
- The resolution formally commends UMC for its economic contributions and diversity supplier efforts, and directs that copies be sent to UMC leadership, the Board of Trustees of State Institutions of Higher Learning, and the Capitol Press Corps
Legislative Description
Recognize UMC as one of the largest economic development generators in the state and for diversity supplier initiative.
Last Action
Died In Committee
4/7/2011
Full Bill Text
No bill text available