Physicians are a critical component of the health care system, providing care to patients across a variety of settings and within a multitude of specialties and subspecialties. Through the care provided to their patients, physicians can have a positive and lasting impact on the health of their patients and the community as a whole. However, the breadth of a physician’s impact reaches far beyond just the provision of patient care. Physicians also play a vital role in the state and local economies by creating jobs, purchasing goods and services, and supporting state and community public programs through generated tax revenues. The AMA report provides estimates of the total economic impact of patient care physicians on the economy, across four vital economic barometers: Output, Jobs, Wages and benefits, and State and local tax revenue.
Click here for a snapshot of the impact Connecticut’s physicians have on the state’s economy.
To view the complete study, by state, go to https://www.physicianseconomicimpact.org/