Bioscience

Mayo Clinic responsible for $1.5B economic impact in Arizona

February 24, 2010

By Flinn Foundation

[Source: Mayo Clinic] – Mayo Clinic is responsible for $1.5 billion in economic impact in Arizona, according to data from a study conducted by the Battelle Memorial Institute. Mayo generates more than $747 million in direct economic output in Arizona, and this spending leads to more than $700 million in additional economic output.

In terms of job creation, Mayo Clinic overall employs more than 57,000 people, including 10,600 in Arizona. In Arizona, Mayo employs 4,651 full-time workers and supports an additional 5,964 jobs, resulting in employment for more than 10,000 people.

The study shows that Mayo Clinic, as a three-site organization, (Arizona, Florida and Minnesota) is responsible for $22 billion in economic impact nationwide.

For more information: Mayo Clinic Responsible for $1.5 Billion Economic Impact in Arizona and $22 Billion Nationwide