San Antonio’s Healthcare and Bioscience Industry Tops $40 Billion in Economic Impact for 2017
The San Antonio Chamber of Commerce 2018 Healthcare and Bioscience Economic Impact Study is based on 2017 data, according to the study authors economist Richard Butler, Ph.D., and health care administration professor Mary E. Stefl, Ph.D., both from Trinity University. The study completed in 2018 stated its conservative estimate of over $30 billion in impact on San Antonio's economy in 2017. The authors included a more comprehensive analysis of economic impact with data from UT Health San Antonio, Baylor College of Medicine at the Children's Hospital of San Antonio, and some military medical presence in San Antonio. The overall impact rises to more than $40 billion when the comprehensive data is taken into account.This sector employs over 18 percent of San Antonio's population, with...
