UC Davis Health System and other medical schools and teaching hospitals are a major economic force, with a collective economic impact of $451 billion in the United States and $35.5 billion in California alone, according to a study released earlier this year by the Association of American Medical Colleges (AAMC).
The AAMC report also found that medical schools and teaching hospitals employ nearly one out of every 48 wage earners in the United States and provide nearly 200,000 full-time jobs in California. UC Davis Health System is one of the largest employers in the Sacramento region, with approximately 10,000 employees. It has $465 million in annual total payroll expenses for UC Davis Medical Center jobs, salaries, wages and benefits. Other key economic impacts of the health system include: