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MS SR23

Resolution

Status

Engrossed

4/4/2011

Primary Sponsor

Michael Watson

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • University of Mississippi Medical Center generates $2.1 billion in annual economic impact within the medical center itself and $7.6 billion statewide, supporting 72,000 jobs and creating $879 million in annual tax revenue
  • Medical Center research funding grew from $39.2 million in 2008 to $75.7 million in 2010, with new centers being developed for cancer, obesity, metabolism, nutrition, cardiovascular health, and transplant services
  • University of Mississippi Medical Center-trained physicians practicing throughout Mississippi (3,300 total) generate $3.3 billion in annual revenue, with plans to place 4,500 new health care professionals by 2025
  • Supplier Diversity Program spent $38 million with 1,085 companies nationally in 2010, including $15 million with 256 Mississippi small businesses to strengthen local economies
  • Senate recognizes and commends the University of Mississippi Medical Center as a major economic development generator and for its successful diversity supplier initiative supporting small business growth

Legislative Description

Recognize UMC as one of the largest economic development generators in the state and for diversity supplier initiative.

Last Action

Adopted

4/4/2011

Full Bill Text

No bill text available