UT Southwestern Means Dollars for Dallas.
UT Southwestern Medical Center has a national reputation for excellence in carrying out its primary goals of education, clinical care and research. Less obvious are the economic benefits that such a dynamic institution brings to North Texas.

It Stimulates the Economy.
Each dollar spent by UT Southwestern generates an additional $2.14 for the economy. Its total expenditures of $887.5 million in Fiscal Year 2004 (September 2003-August 2004) created more than $2.78 billion in business activity for the local and regional economies.

It Creates Jobs.
For every UT Southwestern employee, three additional jobs are created in the economy. With 9,039 employees at the beginning of 2005, the medical center was responsible for 36,156 jobs in the local area.

It is a Bargain for the Citizens of Texas.
In the early 1950s, UT Southwestern was supported almost entirely by state funds; now only 12 percent of the university’s operating budget is provided by state dollars. The funds provided by the citizens of Texas have built a foundation to attract ever-increasing amounts of federal grants and private endowments. This graph shows the sources of the university’s financial growth.

What We Add to the Economy

Research Funding
More than 2,500 research projects were conducted in FY ’04, with an annual expenditure of more than $331 million.

For each $1 million worth of research funded by external sources, 41.6 jobs are generated, a total of about 13,770. Every $1 million of research generates $3 million of business activity in the state economy — nearly $994 million in FY ’04.

Products of Research
UT Southwestern is a leader in discovering new technologies, processes and products through basic and clinical research. Since 1984 more than 1,000 UT Southwestern researchers have been named as inventors on more than 1, 200 invention disclosures, yielding a total of more than 350 issued U.S. patents. More than 300 licenses have generated $78 million for the university during that time, with more than $55 million generated in the last five years.

Among public universities, UT Southwestern has ranked at or near the top in intellectual property revenue for several years. UT Southwestern’s intellectual property revenue rose to $12 million in FY ’04.

Patient Care
UT Southwestern faculty members and residents provide patient care at UT Southwestern University Hospitals & Clinical Practices, as well as at Parkland Health & Hospital System and Children’s Medical Center Dallas in the Southwestern Medical District, the Dallas Veterans Affairs Medical Center, and other affiliated hospitals and clinics in Dallas and Fort Worth.

During FY ’04 our doctors provided inpatient hospital care to more than 90,000 people, conducted about 2 million outpatient visits and delivered more than 17,400 babies at Parkland and UT Southwestern University Hospitals.

Their efforts generated $205 million inpatient fees for the university and provided $312 million in unreimbursed physician services to indigent and uninsured citizens of Dallas and surrounding counties. Referral services were provided to patients from all 50 states, the District of Columbia, the U.S. Virgin Islands and 20 foreign countries.

Employee and Student Spending
During FY ’04 UT Southwestern’s employee salaries infused $452.7 million into the regional economy.

The medical center’s 1,814 students and 1,729 postdoctoral trainees, interns and residents spend an estimated average of $24,000 a year for food, clothing, housing and other nonschool expenses. That’s another $85 million for the North Texas economy.

Business Activity
Many jobs in the region depend on business UT Southwestern conducts in the community.

Last year the university made more than $165 million in total payments and purchases for supplies, equipment and services with businesses in Dallas County and around the state.

UT Southwestern has been successful in ensuring that its purchasing activities included Historically Underutilized Businesses (HUB), which are minority and/or women-owned firms. Nearly $24 million was paid to HUB companies in FY ’04, representing 14 percent of purchases. HUB suppliers based in Dallas County received 30 percent of this amount, or about $7.1 million.

UT Southwestern’s stimulus to the construction industry is of special importance. In FY ’04 the medical center spent approximately $119.8 million on new construction. UT Southwestern has budgeted $300 million for construction over the next five years, which will generate 11,110 jobs in the region and stimulate $900 million in regional business activity.